CJ America News

CJ Cheiljedang is accelerating efforts to expand the new K-food global market scope by actualizing the entry of untapped markets on top of the existing markets, including the United States, Europe and Japan.

CJ Cheiljedang President Choi Eun-seok said, “Last year, CJ Cheiljedang laid a foundation to expand the global business turf, and this year will be the first year of securing growth momentum based on CJ Group’s four growth engines: C.P.W.S (Culture, Platform, Wellness, Sustainability).”

The CJ Bio America presents the 20th annual Farm News Ag Show will be at the Webster County Fairgrounds on Old Highway 169 south of Fort Dodge. Farm News is also welcoming CJ Bio America as the premier sponsor for the show. The partnership is one that Lantz said has been heart-warming. “CJ Bio America is a great company and very community minded,” he said. “They like to sponsor events that are good for the community. We are very pleased to have them on board.”

CJ Olive Young is hosting the 2022 Olive Young Awards & Festa at Dongdaemun Design Plaza in Seoul. This is the fourth year for the nation’s largest beauty and drug store chain to hold the event and about 20,000 visitors are expected.

The logistics arm of conglomerate CJ Group has secured a global e-commerce platform client to deliver products internationally, according to industry sources on Dec. 13. CJ Logistics will build a global distribution center (GDC) at Incheon International Airport to shorten the average shipping time within the Asia-Pacific region from the current seven days to two to three days.

CJ Bio, now known as CJ Biomaterials, acquired polyhydroxyalkanoate (PHA) pioneer Metabolix in 2016. Earlier this year, the company’s amorphous PHA (aPHA), went into production with the startup of a new production facility in Indonesia. Designated as PHACT A100P, aPHA is the bioplastic supplier’s initial launch from a technology platform for “tunable” designer biopolymers that can also enhance other bioplastics.

Tubi has signed a content deal with entertainment company CJ ENM, the streamer announced on Monday. The partnership will launch with over 75 Korean films, dramas and K-POP series, totaling 500 hours of content, and will be added as a branded curation to Tubi’s non-English content offering. The move comes as Tubi’s Korean programming viewership has grown over 25% year-over-year on the platform.

Banijay Group has optioned survival strategy format “The Genius Game” from Korean powerhouse studio CJ ENM. “The Genius Game” tests players’ intelligence and social savviness. Players are chosen based on their social IQ, charisma, charm and intelligence to participate in a unique battle of intelligence and manipulation.

CJ Foodville Corp. is expanding its bakery business in the United States. The company is aiming to build a large-scale factory to bake bread in the U.S., and expects to start the construction in 2023. CJ Foodville is building a bread factory to meet its goal of expanding its bakery brand in the region by more than 10 times the number of its current outlets by the year 2030.

South Korean food giant CJ CheilJedang Corp. announced that it has signed a license contract with Emmyon, an American biotechnology startup, to utilize Emmyon’s various patents regarding ursolic acid, at its headquarters in Jung-gu, Seoul. Ursolic acid is a natural compound contained in apple skin and rosemary. Emmyon holds a number of patents for technology that uses it to improve muscle metabolism.

Kimchi, the favorite side dish of Koreans, is getting more popular as the interest in it continues to grow around the world. CJ CheilJedang, the maker of the Bibigo kimchi brand, is also bringing the product to Europe.