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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 ...