Shenzhen-Listed Xiwang Foodstuffs to Buy Canadian Nutritional Supplement Maker

China’s Xiwang Foodstuffs has acquired 100 percent stake of Canada’s Kerr Investment Holding Corp, the Chinese firm announced on Friday [23 September 2016]. Under the deal signed in Canada on Thursday, Xiwang Foodstuffs, a private company in east China’s Shandong Province, will set up a joint venture with Primavera Capital, a China-based global investment firm,

Cargill China Worried About Overcapacity in the Country’s Grain Milling and Oilseed Processing Industries

Overcapacity in agricultural processing has slowed the industry’s development, hurting investments, R&D, innovation and earnings, according to an industry leader. Robert Aspell, president of Cargill China, said massive investments have been made in recent times, mostly by Chinese companies, in the food-processing segment. The 150-year-old Minneapolis-based Cargill is an international producer and marketer of food,

Scandinavia’s AAK to Construct an Edible Oils Factory in Jiangsu Province

AAK has decided to construct a specialty and semi-specialty edible oils factory in China. This to pursue our global growth strategy and to add further presence in this strategically very important market. The factory will be located in Zhangjiagang along the Yangtze river delta. This region, just northwest of Shanghai, has the highest GDP per