The new company, JJ-Muntons (Thailand) Ltd, is set to become Asia’s preferred supplier of premium speciality malted ingredients to the food and beverage industries.
The new venture is committed to a US $17.5m plant to be built in Chonburi, Thailand, by the end of 2015.
Speaking at the signing ceremony, Marc Deschamps, regional MD of Jebsen & Jessen Chemicals, said: “We are teaming up for success and growth in Asia. Muntons’ technology and production know-how paired with Jebsen & Jessen’s distribution capability in South East Asia is a winning formula for this joint venture of equal partnership.”
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