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News: Thai Union

Thai Union realigns investments in US pet food market

Thai Union Group (TU) has realigned its pet food business via a new US subsidiary, i-Tail Americas. With a registered capital of USD 5...

Thai Union looks at collaborative innovation to grow

Known as the world's biggest canned tuna company, Thai Union Group (TU) pivots to focus on the future with innovative involvement in functional foods...

Taprobane receives investment to boost vannamei output

Taprobane Seafoods which runs 15 seafood processing plants in Sri Lanka, recently named Cheng Niruttinanon, Executive Chairman of Thai Union, as a Director and board...

Thai Union’s Q3 net profit down 5% on Covid disruptions

Thai Union Group (TU) reported a net profit of USD 58.61 million in Q3 2021, down 5.8% year-on-year (yoy), hurt by higher logistic costs,...

TFM sets USD150m revenue target for 2022

​Thai Union Feedmill (TFM) is aiming for USD 150.2 million in revenue next year, up from about USD 144 million this year. Higher feed...

Thai Union, Starflex to build new packaging plant

Thai Union Graphic, a subsidiary of Thai Union Group (TU), and packaging firm Starflex have formed a joint venture (jv) for a packaging plant. The...

Aleph Farms, Asia’s big firms to drive cultivated meat

Israeli cultivated meat startup Aleph Farms has partnered with Thai Union (TU) and South Korea's CJ CheilJedang (CJ) to promote cultivated meat in Asia. Aleph...

Aleph Farms, Thai Union and CJ promote cultivated meat

Israeli cultivated meat startup Aleph Farms has partnered with Thai Union (TU) and South Korea's CJ CheilJedang (CJ) to promote cultivated meat in Asia....

Meat companies bank on premiumization, collaboration

As meat companies in Southeast Asia navigate the challenges presented by Covid-19, some are eyeing opportunities in premium products. Companies in Malaysia, Thailand and...

Meat companies bank on premiumization, collaboration

As meat companies in Southeast Asia navigate the challenges presented by Covid-19, some are eyeing opportunities in premium products. Companies in Malaysia, Thailand and...

Thai Union buys 10% stake in R&B Food Supply

Thai Union Group (TU) has invested USD 90 million for a 10% stake in R&B Food Supply (RBF), a company specializing in food flavors,...

Thai Union’s Q2 net profit surges 36%

Thai Union Group (TU) reported a net profit of USD 70.03 million in Q2 2021, up 36.5% yoy driven by a revenue increase in...

Thai Union launches sustainability-linked bond

Thai Union Group (TU) has launched a seven-year, unsecured sustainability-linked bond worth USD 151.74 million for institutional investors. It carries an interest rate of...

Thai Union, BRF invest in cultivated meat firm Aleph Farms

Thai Union Group (TU), Brazilian meat giant BRF, South Korea's CJ CheilJedang and others have participated in Aleph Farms' USD 105 million Series B...

Thai Union, V Foods to expand plant-based business

Thai Union Group (TU) and V Foods (Thailand) recently signed a memorandum of understanding (MOU) to develop and expand their plant-based food businesses. The...

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