Newly Listed Ningbo Lehui to Acquire German Beverage Packaging Equipment Manufacturer

Ningbo Lehui International Engineering Equipment Co plans to take over German dairy packaging equipment manufacturer NSM Packtec GmbH, according to media reports on Wednesday [13 December 2017]. Lehui will pay 4 million euros ($4.73 million) to acquire the company from NSM Magnettechnik GmbH, domestic news website sohu.com reported…Full Article: The Global Times Dec 2017 Key

China’s Vice Agriculture Minister Promotes Cheese Consumption

A Chinese agricultural official said Wednesday [13 December 2017] that China should encourage growth in the cheese market to develop its milk industry. “Efforts should be made to develop dry dairy products like cheese to improve milk product structure and boost the milk industry,” Vice Agriculture Minister Yu Kangzhen said…Full Article: Xinhua Dec 2017 Key

British Food and Drink Delegation Visits Beijing and Shanghai

A group of UK food and drink makers returned from China on Monday [25 September 2017] after marketing British-made delicacies there, including clotted cream from Cornwall and gin and juice from Devon. Nine food and drink manufacturers, drawn mainly from Southwest England, participated in the weeklong trade mission. The trip was organized and funded by

Sweden’s Tetra Pak Faces Tough Competition in China

Competition in China’s bacteria-free paper-packing market has become more intense, with the consumption upgrade driving a rapid change in the market and the rise of domestic players. Sweden-based paper packing giant TetraPak used to hold about 90 percent of the bacteria-free paper packing market in China, and now its market share is decreasing to about

Bright Dairy’s Synlait to Boost its Supply of Infant Formula to Sichuan’s New Hope Nutritionals

Synlait Milk Limited, the New Zealand Exchange NZX-listed milk processor, announced on Wednesday [16 August 2017] a new supply agreement with China’s New Hope Nutritionals for production of their infant formula brands. The agreement secures a threefold increase from current volumes over the five-year period, said a Synlait statement…Full Article: ECNS.cn Aug 2017 Key Point