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Vitafoods Asia returns both online and in-person, with a new location in Bangkok

Registration is now open for Vitafoods Asia 2022, the leading platform for the nutraceutical, functional food and beverages, and dietary supplement industries in Asia.

The event will take place online from September 26 – October 10, and in person at the Queen Sirikit National Convention Center (QSNCC) in Bangkok, October 5-7.

For the first time in its history, Vitafoods Asia will be co-located with Fi Asia in Bangkok and is set to welcome more than 21,000 attendees and 600+ global suppliers across both the nutraceutical and food & beverage industries.

“After two years of lockdowns, variants and social distancing, the nutraceutical community across
Asia is eager for a chance to start collaborating and innovating together once more.

Two years’ worth of anticipation, ideas, excitement, expectation, and enthusiasm has been building up… and now it’s time to harness it – in Bangkok! More than an exhibition, Vitafoods Asia is the only nutraceuticals event in Asia to offer end-to-end insights into the entire nutraceuticals supply chain – from research to product formulation and commercialisation, through to packaging and brand development,” says Julien Bonvallet, Group Brand Director at Informa Markets. 

“This year we’re joining forces with Fi Asia to bring people together like never before. We’re conscious that there are still some travel restrictions in the region, so by co-locating these two key events our intention is to make it as convenient as possible for attendees and exhibitors.

Not only that, but with the blurring of lines between the nutraceuticals and functional food industries, alongside the increased focus on holistic health by consumers in the region, the co-location is intended to help drive both innovation and business growth – whether that’s discovering new ingredients, exploring formulations and applications, or enhancing your supply chain. It’s opening up a world of possibilities.” 

Bursting with opportunity
Following the resounding success of its hybrid events in Europe, Vitafoods Asia 2022 will also be a digital-enabled event. Allowing visitors and exhibitors to connect ahead of the event, for example, to set up virtual meetings or plan face-to-face meetings in Bangkok, increases connectivity and enhances the in-person experience, ensuring attendees can make the most of their time at the event.

By registering for Vitafoods Asia 2022, visitors can not only access the dedicated online platform but also both in-person Vitafoods Asia and Fi Asia events in Bangkok. 

Highlights of this year’s event include:
•    Main stage showcasing expert content on key trends and themes from the region
•    Probiotics and Omega 3 Resource Centres
•    New Products Zone
•    Tasting Centre

Health and safety first
As always, Informa Markets is committed to the safety of its visitors, staff and exhibitors. To ensure all visitors can learn, network and collaborate safely, the Vitafoods Asia 2022 exhibition has been planned in line with the latest Informa AllSecure standards and current local guidance.

Further updates on COVID-19 guidelines and entry requirements for Thailand will be shared via the Vitafoods Asia website in the coming weeks and months: http://www.vitafoodsasia.com 

Registration for Vitafoods Asia 2022 is now open. Discover more about the show features and registration options at www.vitafoodsasia.com 

Published : August 09, 2022

#SootinClaimon.Com : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation.

https://www.nationthailand.com/pr-news/business/pr-news/40018664

Thai Union Group PCL reported all-time high revenue in the second quarter, demonstrating the strength of its core businesses and reflecting trust and product popularity among global consumers. 

In the April-June period, Thai Union reported record high sales of THB 38.9 billion, an increase of 8.5 per cent compared to the same period last year, driven mainly by increased demand and higher selling prices.

The adjusted net profit for the second quarter, without one-time impacts from the THB 424 million change in the fair value of Red Lobster’s preferred shares as a result of higher U.S. interest rates, and the THB 195 million in restructuring costs at Rügen Fisch in Germany, is at THB 2.2 billion, down 8.4 per cent, year-on-year.

Thai Union’s robust sales performance over the quarter reflects the Group’s well-balanced and diversified portfolio across its three main business units. Ambient seafood sales grew 10.7 per cent to THB 16.9 billion thanks to a combination of higher prices, depreciation of the Thai Baht and strong consumer demand.

The frozen and chilled seafood business booked a 6.5 per cent year-on-year decline in sales to THB 13.9 billion due largely to the normalization of food service businesses in the U.S. after a very strong performance in 2021. The PetCare, value-added and other businesses unit posted an exceptional 41.7 per cent year-on-year increase in sales to THB 8.1 billion, thanks to strong demand for pet food and higher sales from value-added products.

Turning to the first half of 2022, sales reached a record THB 75.2 billion, while adjusted net profit declined 12.7 per cent to THB 3.9 billion. Thai Union also declared an interim dividend payment of THB 0.40 per share. 

“Business diversification continues to be the cornerstone of our ongoing growth path, reflected in our results for the second quarter, which remained robust despite the impact of two one-off items,” said Thiraphong Chansiri, CEO of Thai Union Group.

“Consumers around the world continue to be drawn to our healthy and nutritious products and, by delivering new and innovative products, we are excited to be attracting even more customers to our global portfolio of brands,” Thiraphong added.

Thai Union continues to focus on higher-margin businesses and, during the second quarter, announced a CAD $10 million investment in Mara Renewables Corporation, one of the world’s leading producers of sustainably grown algae-based bio-products.

This is because of opportunities in the expansion of Mara’s proven portfolio of micro-algal products and unique innovation. Thai Union also moved forward on the construction of its protein hydrolysate and collagen peptide facilities and a new culinary factory, which are both planned to be commercialized in 2023.

As part of its ongoing commitment to sustainability, Thai Union published its ninth annual Sustainability Report during the quarter, providing an in-depth look at how the Company’s programs and initiatives are helping transform its operations and the global seafood industry.

Thai Union will announce a major update to its global sustainability strategy, SeaChange®, later this year, including the introduction of new science-based targets to address the threats presented by climate change.

Thai Union also joined 150 major companies in signalling their commitment to a healthy ocean by signing onto the UN Global Compact Sustainable Ocean Principles at the Sustainable Blue Economy Investment Forum in Cascais, Portugal, a special UN Ocean Conference event.

“Thai Union remains on track to achieve our 2025 financial and business targets, but we recognize that economic conditions continue to present a challenge, including inflationary pressures in many markets, rising interest rates and ongoing supply chain issues. So, we are firmly focused on cost efficiency, continuing to strengthen our core businesses and building value-enhancing operations,” Thiraphong concluded.

Published : August 09, 2022

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https://www.nationthailand.com/pr-news/business/pr-news/40018663

The global sales of electric vehicles (EV) are growing exponentially. To forge Kaohsiung as an important base for the global EV industry, the Kaohsiung City Government teamed up with Hon Hai Technology Group (Foxconn) to work on several aspects such as smart electric buses and smart city development, with an aim of becoming an experimental field that offers comprehensive business and service model to attract global manufacturers to invest in Kaohsiung and establish a complete industry chain for the EV industry.

Seeing the firm foundation in metal material and precision finishing technologies in Kaohsiung, Foxconn plans to build an EV ecosystem and a complete battery production chain in the southern city as part of its ambition to expand into the EV industry, ranging from the development of EVs to the production of battery packs and cells, and energy storage systems.

It also aims to localize battery manufacturing across all points of the supply chain, from upstream raw materials to midstream cells and the downstream battery packs.

In addition, Kaohsiung has also attracted investments from companies such as WIN Semiconductors Corp., the world’s leading foundry for power amplifiers and LiDAR technology for EVs, and lithium battery manufacturer Molie Quantum Energy Corp, laying the groundwork for the EV industry chain.

Foxtron Vehicle Technologies, a subsidiary of Foxconn, has set up its research and development and manufacturing facility for battery cells in Qiaotou Science Park. In compliance with the City Government’s plan to have all public buses run on electricity by 2030, the first Model T electric bus was officially delivered to Kaohsiung Bus in March this year with a targeted initial volume of 30 vehicles and more will be handed over based on operational demand.

To promote the development of the electric bus industry in Kaohsiung, the City Government has increased subsidies for the operation of electric buses and will also subsidize the purchase of locally produced electric buses, offering grants up to NT$1.5 million per vehicle.

In June this year, Foxconn announced that it will invest NT$6 billion to build the Battery Cell Research & New Product Introduction Center in the Ho Fa Industrial Park. It is estimated that the plant will achieve a production capacity of 1GWh for electric buses, passenger cars, and energy storage systems in the first quarter of 2024.

In line with the local growth of the EV industry, the City Government is also planning to cooperate with the Ministry of Transportation and Communications to build a national-level test site for self-driving cars and Vehicle-to-Everything in the Qiaotou Science Park.

By joining forces with the Smart Pole Standard Promotion Alliance, premises will be provided for testing Vehicle-to-Everything technology, services, and product verification, which will attract more relevant industries to set up their base in the area and expectedly create approximately 5,000 new jobs. The goal is to shape Kaohsiung into a model smart city and become an example for “package smart city export.”

Published : August 09, 2022

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https://www.nationthailand.com/pr-news/business/pr-news/40018650

The Thailand Climate Action Conference (TCAC) was held in Bangkok on August 5-6 to promote cooperation and efforts to achieve carbon neutrality in 2050 and reduce Thailand’s greenhouse gas emissions to zero by 2065.

The event saw the Natural Resources and Environment Ministry express confidence that multi-sectorial cooperation would help Thailand achieve tangible results to demonstrate to the 27th United Nations Climate Change conference (COP27) this November in Egypt.

At the TCAC opening ceremony, which was presided over by Prime Minister Gen Prayut Chan-o-cha on August 5 at Siam Paragon, Minister of Natural Resources and Environment Varawut Silpa-archa declared the conference theme as “Future of Thailand and the World: Opportunities and Responsibilities”.

He said the organisation of TCAC would incorporate the COP model, with climate targets set under cooperation from all related parties. Clear direction, timeframes, and evaluation processes would ensure that target groups achieved awareness and support to drive Thailand to carbon neutrality in 2050 and net zero emissions in 2065.

“Thailand is also ready to work with all countries and regions to achieve the goals that we have set,” said Varawut. “The ministry will use the Bio-Circular-Green (BCG) Economic Model as the main strategy to reduce carbon emissions.”

“TCAC will lead to achievement of tangible results in climate change, which will be demonstrated to the global community during the COP27 later this year. We will show the world that Thailand is focused on doing and not just talking,” insisted Varawut.

PM Prayut then gave a speech under the topic “Net Zero Target in 2065” underlining the government’s commitment to managing climate change both in Thailand and globally. Afterwards, governors of five major provinces in five regions, namely Chiang Mai, Khon Kaen, Chonburi, Phuket, and Bangkok, each gave a statement declaring their strategies and cooperation in reducing carbon and greenhouse gas emissions.

Published : August 08, 2022

By : THE NATION