March 29, Yuyao. Kemin Industries (Zhuhai), Inc. and Yuyao Huidelong Biological Products Co., Ltd. duly signed a long-anticipated capital and strategic investment and cooperation agreement.
The signing of the agreement will further enhance Kemin’s capacity in developing and producing natural functional products, helping both parties better offer a greater number of and more effective products and services for customers in food, feedstuff, healthcare products, cosmetics and other industries in international market.
Dr. Chris Nelson, Global President of Kemin Industries said, “Our investment cooperation with Huidelong brings new energy for Kemin’s development and exploitation of rapidly-growing plant-sourced natural products”.
Kemin Industries has owned many technologies with independent property rights for special crop breeding, planting, deep processing and application, including extracts of marigold, rosemary, potato and mint, etc. Huidelong Biological Products Co., Ltd. is located in Zhejiang, the “native place of green tea”, where there are abundant green tea resources. The unique green tea extracting and processing technology of Huidelong is leading in the world. Kemin Industries’ strategic investment in Huidelong will speed up the pace of Kemin in developing and exploiting green tea natural product series, offering more choices for customers, and creating new impetus for Kemin Industries’ business development.
Source:Herbridge Media
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