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News: CP Foods

CPF aims for net-zero emissions by 2050

Thailand’s CP Foods (CPF) aims to achieve net-zero greenhouse gas emissions by 2050. It has adopted clean technology in its supply chain, said Peerapong...

Meat companies aim for more exports

In South and Southeast Asia, meat companies are stepping up their game in export markets. Although companies are facing headwinds like higher production costs...

CPF’s revenue rises 27% in Q3 2022

Thailand’s CP Foods (CPF) posted USD 4.5 billion in revenue for Q3 2022, up 27% yoy. Revenue from local operations rose 26%, while overseas...

CPF’s feedmill receives carbon neutral certification

Thailand’s CP Foods’ (CPF) feedmill in Nakhon Ratchasima has become the first carbon neutral feedmill in the country following certification from the Thailand Greenhouse...

Alternative protein picking up pace

The buzz at Food & Hotel Asia 2022 in Singapore last week appeared to center around the alternative protein pavilion. It was hard to...

CPF invests in meat, plant-based food businesses

Thailand’s CP Foods (CPF) has allocated USD 409-436 million for development of its swine, poultry, plant-based proteins, and other businesses. CEO Prasit Boondoungprasert said...

CPF expands pig production in Thailand

Thailand’s CP Foods (CPF) has expanded its pig production in Thailand as it sees opportunities from reduced supply caused by ASF. CEO Prasit Boondoungprasert...

CPF signs partnerships for cell-based meat

Thailand’s CP Foods (CPF) has signed partnership agreements with two cell-based meat companies from Israel and the US. CEO Prasit Boondoungprasert said the move...

Poultry industry looks promising despite challenges

The outlook for Southeast Asia’s poultry industry for H2 2022 is promising, despite cost pressure and other operational challenges. Producers are seeing growth opportunities...

Norfolk to enter Indian RTE market

Norfolk Foods Sri Lanka will enter the Indian RTE market through its partner CP Foods. Norfolk is a leading processor in Sri Lanka and...

CPF’s revenue up 20% in Q2 2022

Thailand’s CP Foods (CPF) reported a revenue of USD 4.4 billion in Q2 2022, up 20% yoy. Revenues from local operations rose 17%, while...

CPF unveils versatile cube-shaped bologna sausage

Thailand’s CP Foods (CPF) has launched a cube-shaped bologna sausage, under the CP Magic Chef brand, targeting cooking at home trends. The pandemic has led...

CPF promotes renewable energy at pig farms

Thailand’s CP Foods (CPF) is promoting green practices at its company-owned pig farms and contract farms by using renewable energy like biogas and solar...

CPF’s revenue up 16% in Q1 2022

Thailand’s CP Foods (CPF) reported sales of USD 4 billion in Q1 2022, up 16% year-on-year (yoy). CPF’s revenue in Thailand rose 13%, while...

CPF signs MOU with Uoriki to import Japanese seafood

Thailand’s CP Foods (CPF) signed an MOU with Uoriki, a Japanese seafood retailer, to import premium fish and seafood. Uoriki engages in the wholesale...

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