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Industry DynamicsIndustry News

Bright Food Group Acquisition of Italian Olive Oil Major
2014-10-14
Guangming Food Group, which is committed to "going to sea", has not affected its overseas layout in the slightest, although it has missed many times with overseas mergers and acquisitions. On October 7, Guangming Food Group announced once again that it would acquire a majority stake in Salov Group, an Italian olive oil company, in an attempt to play a big part in the Chinese olive oil market.

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Foreign media: some people are not confident that China is vigorously promoting GM
2014-10-11
Reference News Network reported on October 10 that foreign media said that China was beginning to vigorously promote genetically modified crops in order to increase food supply. But not all consumers are reassured.

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Entrepreneur's Initiative: Non-genetically modified (GM) is renamed "Natural Gene"
2014-10-11
On October 10, at the 14th Preparatory Meeting of China Brand Agricultural Products Alliance, a joint initiative of 100 experts, scholars and agricultural entrepreneurs from China named "non-GMO" as "natural gene".

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A few simple tips on how to stay away from gutter oil
2014-09-12
The Fuxi Incident in Shanghai has not disappeared yet, and the Gully Oil Incident in Taiwan has once again triggered a food safety storm. At present, 1247 enterprises have been affected. Many well-known brands such as Weiquan, 85C, Qimei, Meixin, Dale, Starbucks and 7-11 have been involved to varying degrees.

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Jinan netizens exposed the health worries of soybean oil factory, and argued about the quality of industry and Commerce for half a month.
2014-07-17
The relevant person in charge of the Quality Supervision Bureau of Huaiyin District said: "The bulk and filling of edible oil belongs to the link of food circulation, and belongs to the scope of administration of the Bureau of Industry and Commerce. In accordance with the requirements of who issued the certificate and who managed it, the Bureau of Industry and Commerce of Huaiyin District should play a supervisory role in issuing the certificate to enterprises.

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Where is the "gutter oil" in Britain?
2014-07-17
In Britain, whether at home or in restaurants, a large number of fried foods have become a delicacy on the table, but this dietary habit has also resulted in a large amount of waste oil. Although there has been no refining of waste oils into edible oils in the UK, these oils are often the culprits of sewer blockages.

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As a pilot project of state-owned capital investment company, COFCO will introduce strategic investors.
2014-07-17
On July 15, the SASASAC of the State Council announced that six central enterprises, such as COFCO, were selected as pilot enterprises for reform. In response, the relevant head of COFCO said that COFCO, as a pilot project of restructuring the state-owned capital investment company of the central enterprise, will introduce other industrial capital, social collective capital, private equity and other strategic investors into its subordinate enterprises in the future.

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Tianjin started the reuse project of edible oil, "garbage oil" turned into soap
2014-06-26
Tianjin Northern Network News: In a specially designed waste cooking oil processor for four hours, the original dark brown waste cooking oil can be gorgeously "transformed" into "green soap" without any chemical synthetic substances for people to use... Yesterday, the Sino-Japanese Friendly Waste Edible Oil Soap Project was officially launched in the West District of the Development Zone.

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