Archives for June 25, 2014

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China

Bright Food eager to snap up more big international acquisitions

By RJ Whitehead

Unbowed by the decision by credit agency Moody’s to downgrade its outlook last month to “negative” following the recent near-billion-dollar Tnuva buy-in, Bright Food is now said to be looking to spend a further US$1.6bn on new deals.

New $27m Givaudan plant opens in Indonesia

By Richard Whitehead

Indonesia’s fast-growing importance in flavour production was acknowledged by the opening of a US$27m spray-dry facility by the worldwide flavours and scents market leader, Givaudan.