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,

Chinese Scientists Complete the Genome Sequencing of Mustard

Chinese scientists have mapped the genome sequence of allopolyploid Brassica juncea, or mustard, a vegetable commonly used in Chinese cooking. Zhejiang University’s Zhang Mingfang, who is a member of the research program, said Tuesday [13 September 2016] that the sequencing would help scientists understand and improve the agriculturally important vegetable…Full Article: The Global Times Sept

Chinese Company to Build Vegetable Oil Factory in Northern Kazakhstan

A Chinese company plans to build a plant for the production of vegetable oil in Northern Kazakhstan, the country’s agriculture ministry reported. This issue was discussed at a meeting of representatives of the Chinese company with farmers of the region, as well as representatives of the Kazakh agriculture ministry, local authorities of the region, the

China’s Sinoma, a Cement Equipment and Engineering Company, to Purchase Edible Oils from Kazakhstan

China National Materials Group Corporation Sinoma recently announced it will buy annually a range of agricultural products from Kazakhstan, according to the press service of the Kazakh Ministry of Agriculture. This year, China will purchase sunflower in the amount of 50,000 tonnes, 80,000 tonnes of flaxseed, 100,000 tonnes of oilseed rape as well as vegetable

COFCO to Merge its Grain, Oil and Sugar Assets and Seek a Stock Market Listing By 2019

COFCO Corp, China’s largest food company, is setting up a joint venture with sovereign wealth fund China Investment Corp, in preparation of a full listing for its recently acquired grain, oil and sugar assets. According to an agreement signed by the two parties on Thursday, COFCO will control 80.1 percent of the venture, to be

China Seized More than 210,000 MTs of Smuggled Rice in 2014

Chinese customs seized more than 210,000 tonnes of smuggled rice in 2014, worth 1.26 billion yuan ($205 million), an official said Saturday [17 January 2015]. Zhu Feng, deputy head of the anti-smuggling bureau of the General Administration of Customs (GAC), said the GAC cracked 467 cases concerning rice last year in a special campaign against

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