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Thai Agribusiness Group to Join Two Soup-Extract Ventures.

Bangkok Post (Bangkok, Thailand)

| November 05, 2002 | COPYRIGHT 2002 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Nov. 5--Betagro, a major local agribusiness group will enter two food joint ventures with Japanese investors to produce soup extracts.

It will join Sumitomo, Di Nippon Pharmaceutical Co, and Sumi-Thai International Co to form Betagro Di Nippon Techno-Ex Co, with registered capital of 70 million baht.

The company claims to have the first plant of its type in Thailand. The soup extract would be exported mainly to food industries in Japan, according to a company source.

The 110-million-baht plant in Lop Buri is scheduled to start operations in the middle of next year with the capacity to ...

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