
Packaging Supply Chain news from the Asia Pacific
CHINA - Blommer Chocolate Company, the largest cocoa processor and ingredient chocolate supplier in North America, has acquired a manufacturing plant in China’s Jinshan district of Shanghai.
THAILAND – Japanese confectionery giant Ezaki Glico Co is considering increasing its investment in Thailand, following the start of local manufacturing and launch of its ice cream brands in the country in January 2016.
VIETNAM – Siam Cement Group (SCG) intends to seize full control of Prime Group JSC in Vietnam, a deal that would make the Thai conglomerate the largest floor tiles manufacturer in the world.
VIETNAM/THAILAND – French retailer Groupe Casino has announced plans to offload its supermarket chain Big C in Vietnam to cut debt, while it also considers an unsolicited offer to sell its Thai operation.
SINGAPORE – Japanese dairy product company Morinaga Milk Industry Co Ltd has set up a subsidiary in Singapore to strengthen its ingredient sales operation in the fast-growing Asia Pacific market and accelerate its globalisation strategy.