Latest news with #processing
Yahoo
5 days ago
- Business
- Yahoo
Informa Markets Announces Landmark Move: ProPak Asia 2026 to Relocate to IMPACT Muang Thong Thani
Expands by 30% to Over 70,000 sqm, Aiming for Global Status by 2028 in the Processing and Packaging Industry Supported by Leading International Industry Partners BANGKOK, June 24, 2025 /PRNewswire/ -- Mr. Sanchai Noombunnam, Country General Manager of Informa Markets Thailand, highlighted Thailand's growing role and opportunities in the global food and beverage industry. According to Credence Research, a global market research and consulting firm, the value of the global food and beverage market is projected to grow from USD 6.2 trillion in 2024 to nearly USD 9.8 trillion by 2032. Key driving forces include shifting consumer behaviors, increasing demand for convenience and ready-to-eat foods, and a rising focus on health. At a regional level, Asia-Pacific is the fastest-growing market, particularly in China, India, Thailand, and Vietnam. These changing consumption trends and advancements in food and beverage manufacturing continue to generate new products. This year's ProPak Asia 2025 attracted over 2,000 exhibiting brands from 42 countries and welcomed more than 72,000 visitors globally, utilizing 55,000 square meters of exhibition space and generating over THB 5.5 billion in trade value. The event's repeated success and growing demand from both returning and new exhibitors have exceeded the capacity of the current venue. Therefore, ProPak Asia 2026 will relocate to the IMPACT Exhibition and Convention Center in Muang Thong Thani, a venue offering larger and more suitable facilities for future growth. The new venue provides enhanced accessibility via skytrain, private vehicles, and public transportation, and is conveniently located near airports and key industrial zones such as Chonburi, Ayutthaya, Pathum Thani, Samut Sakhon, and Samut Songkhram. This move aligns with ProPak Asia's vision to elevate itself into a global hub for the manufacturing, processing, and packaging industries. ProPak Asia 2026 marks a bold step into a new era of boundless growth, with the goal of becoming the premier processing and packaging exhibition in Asia-Pacific by 2027 and a World-Class event by 2028. Already, 95% of the space for ProPak Asia 2026 was pre-booked during ProPak Asia 2025, reaffirming industry confidence. The event will continue to showcase the latest technologies and innovations, connecting exhibitors, businesses, agencies, and attendees through ProPak Connect—a digital hub integrating global ProPak events, fostering collaboration across every dimension of the industry ecosystem. Mrs. Luciana Pellegrino President of World Packaging Organization (WPO), acknowledged the continued growth of the packaging industry, which aligns with sectors such as food, beverage, pharmaceuticals, consumer goods, and e-commerce. The industry is expected to expand from USD 1.28 trillion in 2025 to USD 1.69 trillion by 2034. A major trend is the focus on sustainable and eco-friendly packaging, reflecting WPO's mission to promote science, technology, sustainability, and innovation in packaging. WPO recognizes ProPak Asia as a key partner and fully supports its transformation in 2026 as a stepping stone to becoming a truly global event. Dr. Joseph Ross S. Jocson, President of the Asian Packaging Federation (APF), emphasized the significance of the packaging sector in Asia-Pacific. The market is expected to reach USD 190.55 billion in 2025, with a CAGR of 4.98% from 2025 to 2033. The region, a global manufacturing hub especially in food and beverage, benefits from its large consumer base. Key trends to watch include smart packaging, the use of more sustainable materials, growth in premium and personalized packaging, and circular economy-driven design. APF has been a long-standing partner of ProPak Asia and is committed to supporting its ongoing development to benefit producers and stakeholders across the region. Mr. Ali Badarneh, Chief Food Security and Food Systems Unit, Agri-Business and Infrastructure Development Department, United Nations Industrial Development Organization (UNIDO), Austria, stated that UNIDO, as a UN specialized agency promoting inclusive and sustainable industrial development, is proud to be a long-term strategic partner of Informa Markets and ProPak Asia. He affirmed UNIDO's strong support for ProPak Asia 2026 and beyond, aiming to drive innovation in manufacturing, processing, and packaging technologies. UNIDO also seeks to facilitate knowledge exchange among industry leaders, policymakers, and stakeholders to build resilient food systems and address urgent global challenges such as hunger, food loss and waste, and climate change. The organization believes this collaboration will help realize a more sustainable and inclusive future for food and packaging systems worldwide. ProPak Asia 2026 is scheduled to take place from 10–13 June 2026 at the IMPACT Exhibition and Convention Center, Muang Thong Thani. For more information, please visit: View original content to download multimedia: SOURCE Informa Markets - Thailand Sign in to access your portfolio
News.com.au
17-06-2025
- Business
- News.com.au
Break it Down: MTM and Meteoric sign MoU for rare earths processing
MTM Critical Mealsmetemet has signed a MoU with Meteoric Resources to work on downstream rare earth processing solutions.
CBC
15-06-2025
- Business
- CBC
Business leaders want B.C. to end rule they say hurts farmers — and makes us more reliant on imported food
Business leaders in B.C. are calling on the province to end a rule that they say is hurting farmers and making British Columbians more reliant on imported food. In an opinion piece penned in the Vancouver Sun last week, Greater Vancouver Board of Trade CEO Bridgitte Anderson and B.C. Food & Beverage CEO James Donaldson said the so-called "50-50" food processing regulation on agricultural land is "outdated" and "hinders food security, innovation and growth." In B.C., any food processing done on land designated for farm use — Agricultural Land Reserve (ALR) — is only allowed if half of what is processed is grown on the farm or on a farm co-op. The other half can be sourced from anywhere in the world. But if that's not possible, Anderson said farmers and businesses end up taking products to the U.S. for processing, which are then brought back to B.C. for sale. "It is not only bad for our economy, it is bad for our food security, it is bad for the climate," Anderson told CBC's The Early Edition. In the Sun article, the pair said the restriction means it would be "economically illogical" for farmers to invest in processing if they're confined to processing only their own crops, rather than being able to process both their own and those of their neighbours. Anderson wants to see it eliminated so that more food products can be processed in B.C., which she said is crucial right now, as climate change affects food security around the world and political tensions make trade unreliable. "This is our opportunity for us to become our own food superpower, if you will, by just eliminating this one simple rule." In an email to CBC News, the Ministry of Agriculture said the rule exists to "promote farming in the ALR by enabling farms to process their own production, capturing the value-added income from the finished product." Anderson said when the ALR was established in 1973 it made sense to protect farmers and farmland, but she believes things are different now, and rules should evolve. "Times have changed and the kind of manufacturing that happens now on farmland has also changed," she said. "It is time to take a look at this and remove this rule that simply does not make any sense anymore." The province didn't respond to questions from CBC News about whether it would reconsider the rule. It did, however, say there are more than 800 food processing facilities in the ALR. Of the 51 applications for food processing and non-farm use to the Agricultural Land Commission in 2025, 88 per cent have been approved so far, the ministry said.
Zawya
26-05-2025
- Business
- Zawya
Nigeria to open two Chinese-backed lithium processing plants this year
LAGOS - Nigeria is set to commission two major lithium processing plants this year, the country's mining minister announced on Sunday, marking a shift from raw mineral exports towards adding value domestically. The facilities, largely funded by Chinese investors, could help transform Nigeria's vast mineral wealth into jobs, technology, and manufacturing growth within the country. Mining Minister Dele Alake said a $600 million lithium processing plant near the Kaduna-Niger border is slated for commissioning this quarter, while a $200 million lithium refinery on the outskirts of Abuja is nearing completion. Two additional processing plants are expected in Nasarawa state, which borders the capital Abuja, before the third quarter of 2025, the minister said. "We are now focused on turning our mineral wealth into domestic economic value - jobs, technology, and manufacturing," Alake said. Over 80% of the funding for the four facilities has been provided by Chinese firms, including Jiuling Lithium Mining Company and Canmax Technologies, according to separate announcements by governors of the states where the plants are located. The remaining stakes are owned by local investor Three Crown Mines. The Chinese firms did not immediately provide comment. The push for domestic processing follows a 2022 study by Nigeria's Geological Survey Agency, which discovered significant deposits of high-grade lithium across half a dozen Nigerian states, attracting considerable international interest. These developments are part of Nigeria's broader reforms to its underdeveloped mining sector, which currently contributes less than 1% to the nation's gross domestic product. Other reforms undertaken include restricting the export of unprocessed minerals, formalising artisanal mining operations, which account for much of the current extraction, and establishing a state mining firm where investors can own up to a 75% stake.
Reuters
26-05-2025
- Business
- Reuters
Nigeria to open two Chinese-backed lithium processing plants this year
LAGOS, May 26 (Reuters) - Nigeria is set to commission two major lithium processing plants this year, the country's mining minister announced on Sunday, marking a shift from raw mineral exports towards adding value domestically. The facilities, largely funded by Chinese investors, could help transform Nigeria's vast mineral wealth into jobs, technology, and manufacturing growth within the country. Mining Minister Dele Alake said a $600 million lithium processing plant near the Kaduna-Niger border is slated for commissioning this quarter, while a $200 million lithium refinery on the outskirts of Abuja is nearing completion. Two additional processing plants are expected in Nasarawa state, which borders the capital Abuja, before the third quarter of 2025, the minister said. "We are now focused on turning our mineral wealth into domestic economic value - jobs, technology, and manufacturing," Alake said. Over 80% of the funding for the four facilities has been provided by Chinese firms, including Jiuling Lithium Mining Company and Canmax Technologies ( opens new tab, according to separate announcements by governors of the states where the plants are located. The remaining stakes are owned by local investor Three Crown Mines. The Chinese firms did not immediately provide comment. The push for domestic processing follows a 2022 study by Nigeria's Geological Survey Agency, which discovered significant deposits of high-grade lithium across half a dozen Nigerian states, attracting considerable international interest. These developments are part of Nigeria's broader reforms to its underdeveloped mining sector, which currently contributes less than 1% to the nation's gross domestic product. Other reforms undertaken include restricting the export of unprocessed minerals, formalising artisanal mining operations, which account for much of the current extraction, and establishing a state mining firm where investors can own up to a 75% stake.
