Finnish meat processor Atria has gained access to lucrative Chinese pork market, as the authorities grant license for the company to start exports. Atria said that it has received official confirmation of the pork export license to China. ...
Chinese pork production company WH Group revealed that CDH Investments, one of its major investors, is planning to sell 10.61% stake in the company worth about HK$9.25bn($1.19bn). CDH is planning to offload a total of 1.55 billion shares ...
Tags: WH Group, CDH Investments
Due to the cheap price, Chinese family and restaurant commonly use soybean oil. Beijing has imported more than 6300 ten thousand tons of transgenic soybeans from the United States, Brazil and Argentina in 2013. According to the national ...
Tags: Soybean, soybean oil
Smithfield Foods, Inc., a wholly owned independent subsidiary of WH Group Limited, reported record 2014 first quarter results. All comparisons are to the first quarter of 2013. Sales for the first quarter of 2014 were $3.4 billion, up 3%. ...
Tags: Smithfield Foods, fresh pork
Shuanghui International has acquired a US pork processor Smithfield Foods in an all-cash deal valued at $7.1bn, which includes the assumption of net debt. The deal received approval from Smithfield's shareholders at a special meeting held ...
Tags: Shuanghui International, pork
Iceland, a UK-based establishment, is recalling 4 Chinese Pork Quarter Pounders as it may contain soya that is not declared on the label, according to the Food Standards Agency (FSA). The product subject to the recall is 454g Iceland 4 ...
Tags: Chinese Pork, Undeclared Allergen