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Asia

BASF ups agricultural investments, announces initiatives for Asia Pacific

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BASF’s Crop Protection Div. says it will address challenges in food availability and quality of life in the Asia Pacific by introducing new technologies, broadening farmer education and co-creation initiatives and increasing investments in production capacity and R&D.
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Chinese pharma industry eyes international opportunities

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Big Chinese pharmaceutical companies are no longer happy playing only in their local markets. Several of them are hoping to establish a notable presence on the U.S. market, mostly through partnerships with international industry giants.
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More than 100 killed in Chinese poultry plant fire

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Officials said an ammonia leak may have contributed to the fire at the Baoyuan plant in Jilin province.
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FDA takes action against Indian pharmaceutical companies

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Pharmaceutical company Hospira Inc. has been warned by the U.S. Food and Drug Administration (FDA) over lapses in the manufacturing of drugs, which were detected during an inspection of its facility in Irungattukottai, India, in October 2012.
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Bird flu outbreak costs Chinese poultry industry more than $6.5 billion

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The sector has been losing 1 billion yuan a day since the end of March as chicken-product sales continue to dwindle and prices plunge due to consumer fears over bird flu.
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Danone to invest $417 million in China's biggest dairy producer

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French food-products company Danone has agreed to invest $417 million in two deals with China Mengniu Dairy Co., China's biggest dairy producer.
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Mixers make instant coffee production in Thailand efficient

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Specializing in production and packaging of instant coffee and tea, CMYK Ltd. was established in Thailand in 2001 as the exclusive co-manufacturer for what some say is the world’s biggest food company, Nestlé.
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Rat meat sold as lamb, Chinese authorities discover

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Chinese authorities have arrested 63 people involved in an operation that allegedly sold more than $1 million in rat, fox, mink and other meat as lamb.
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Shell starts major petrochemical investment in Singapore

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Global energy giant Shell has announced plans to expand its investments in Asia by building new petrochemical units in Singapore.
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Sun Pharma receives tentative approval for generic version of Januvia

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Indian pharmaceutical company Sun Pharma has announced that the U.S. Food and Drug Administration (FDA) has tentatively approved the company's generic version of the successful anti-diabetes drug Januvia.
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