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CJ America About Slide
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Aleph Farms Partners with Thai Union and CJ CheilJedang to Help Drive Adoption of Cultivated Meat in Asia

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Aleph Farms announced it has signed Memorandums of Understanding (MOUs) with two of Asia’s largest food companies, global protein leader Thai Union and global food and lifestyle company CJ CheilJedang. As part of these agreements, Thai Union and CJ CheilJedang will help to accelerate Aleph’s scale-up, go-to-market activities and elevate distribution of cultivated meat in existing marketing channels across the APAC region.

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CJ CheilJedang: On Track for Steady Growth Despite Unfavorable Comparison Base

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We expect 2Q21 Food revenue/OP to increase. Results for domestic processed food were stable on the back of recovering B2B sales amid increasing outdoor activity as well as continual growth in demand for ready-to-eat microwaveable cooked rice and other home meal replacements. In China, online dumpling sales continue to increase, while in Japan, the vinegar category keeps growing. As for Schwan’s, we forecast USD-based revenue inch up on recovering B2B demand but KRW-based revenue edging down on unfavorable currency dynamics.

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CJ CheilJedang enjoys record Q1 on global Bibigo premade meal splash

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South Korean food giant CJ CheilJedang Corp earned 385.1 billion won ($343.7 million) in operating profit in the Jan-March period on sales of 6.2 trillion won. Both figures, respectively up 39.6 percent and 6.0 percent on year, are record highs for the first quarter thanks to a surge in global sales of its Bibigo-branded frozen mandu (dumplings) and other ready-to-eat meal kits. Profit jumped 30% on quarter.

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CJ Cheil Jedang ties up with SKC to produce new biodegradable material for food packaging

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CJ Cheil Jedang tied up with SKC, a polyester film and chemical material manufacturer, to produce a new biodegradable plastic material that is flexible and durable. The material has been applied to the packaging of some food products. The new material developed by SKC and CJ Cheil Jedang is good for food packaging by utilizing the characteristics of polylactic acid (PLA) and polyhydroxyalkanoates (PHAs).

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CJ OliveNetworks and Korea Yakult establish smart factory and smart HACCP

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CJ OliveNetworks is going to establish Smart Factory and Smart HACCP (Hazard Analysis and Critical Control Point) at a manufacturing plant in Korea Yakult. Korea Yakult is a food and beverage company that produces lactobacillus fermentation oil and health functional foods. Based on its experience in food manufacturing business, CJ OliveNetworks is planning to integrate MES of FactoryONE, its own smart factory solution, and FactoryONE HACCP to implement process automation, smart HACCP and GMP at the same time.

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CJ Cheil Jedang boosts grilled fish HMR production due to growing popularity

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CJ Cheil Jedang will go full throttle with the production of ready-to-eat grilled fish packages to cope with the growing popularity of home meal replacements, which are a convenient meal package requiring no comprehensive cooking processes. CJ Cheil Jedang said in a statement on March 11 that it would expand the production of “Bibigo Grilled Fish,” an HMR grilled fish product line, to increase output by more than 200 percent.

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