Rockwell Automation, a company dedicated to industrial automation and information, has announced the appointment of its new regional director for Southeast Asia, Pierre Teszner. Based in Singapore, Mr Teszner will be responsible for sales and marketing across all of Southeast Asia, as well as business operations in Indonesia, Malaysia, Philippines,…

Malaysia’s Ministry of Science, Technology and Innovation has developed a traceability software to track the quality of its premium durians in order to boost exports, reported Fruitnet. The platform, called MyTrace, will allow consumers to scan QR code labels on the durian, offering information on where the fruit was grown…

Asia represents a significant growth for the company, and following a rapid growth trajectory in China and Japan in particular, the newly appointed CEO and president, CFO, COO, and addition to the Board of Directors will help better position the speciality chemicals distributor in Asia to serve its customers. Laurent…

Beijing-based investment management company Tsing Capital plans to establish an AU$1 billion (US$752.3 million) fund for specialist food and agriculture investment in Australia. The funds, under the Food and Agritech Fund, would invest in Australian food and agriculture services for export to China. These will include high tech fermentation and…

Investment in Indonesia's processed food and beverage industry is expected to surpass IDR50 trillion (US$3.9 billion) in 2016, up 16 percent year-on-year from IDR43 trillion in 2015. Adhi Lukman, general chairman of the Indonesian Food and Beverage Association (GAPMMI), said investment in this industry has been recovering in 2016 after…

The Vietnam’s government has removed a longstanding foreign-ownership limit on dairy manufacturer Vinamilk (Vietnam Dairy Products JSC) , which is the one of the country’s largest companies with a market capitalisation of about US$8 billion. The move is said to further boost overseas interest in the world’s fastest-growing markets. The…

One of Vietnam’s largest producer of soybean oil Bunge Limited and Wilmar, the world's largest palm oil processor and one of the biggest soybean buyers, are forming a joint venture in Vietnam to leverage both companies’ footprints in Asia. Bunge will sell 45 percent of its equity in its Vietnam…

Research and Markets forecasts the global sports nutrition market to grow at a CAGR of 8.27 percent during the period 2016 to 2020. The emergence and use of new ingredients in products is cited as one of the trends boosting the market. Performance-boosting ingredients currently dominating the sports nutrition market…

Dairy company Schreiber Dynamix Dairies Pvt Ltd (SDDPL), a joint venture between US-based dairy manufacturer Schreiber Foods and the Indian dairy company Dynamix Dairies, has started operations of its second aseptic food processing and packaging facility in Punjab. The facility, located at Fazilka International Food Park, has been set up…

Japanese company Ajinomoto Co. has announced that they will be increasing production capacity at its Bien Hoa Factory in Dong Nai, Vietnam to meet growing demand in the Southeast Asian country for umami seasoning Aji-no-moto. With a capital investment of approximately US$20 million, production capacity will increase to approximately 1.2…