Bangkok — June 28, 2021 — Thai Union Group PCL and V Foods (Thailand) Co., Ltd. have recently signed a memorandum of understanding to develop and expand their plant-based food businesses.
Under the MoU, the two companies will collaborate in exploring the utilization of Thai Union’s manufacturing facilities to produce both V Foods’ existing products and new products it will develop. They also intend to co-develop new product initiatives and to expand further into domestic and international markets where each of them have expertise.
Caption: Thiraphong Chansiri, CEO at Thai Union Group, and Apirak Kosayodhin, CEO of V Foods (Thailand), sign the MoU to collaborate on plant-based products.
“At Thai Union, innovation is crucial in developing and growing our business, and alternative proteins are an important innovative product that we aim to deliver to…