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South Korea’s Simple Planet has announced that its CEO, Dominic Jeong, has been elected as the first chairman of the Bio Future Food Industry Association.

The Association includes 32 member companies, including 23 cell-based meat-related companies such as Simple Planet, Seaweed and BioApp, and five major food companies including Daesang and CJ CheilJedang.

The Association plans to serve as a communication channel with relevant government agencies, holding regular seminars, building a global network and operating programmes to promote cooperation among companies within the group.

In his inaugural speech, CEO Jeong said: “The Association has been launched to unite the efforts of bio future food companies, promote mutual cooperation and devise countermeasures to enhance global competitiveness in response to the rapidly growing global cultured meat market”.

Jeong continued: “Today’s meeting will be an important starting point for researching, developing and industrialising sustainable future foods. We will build the foundation for the bio future food industry, engage in continuous discussions with regulatory agencies and seek policy improvements to revitalise the industry.”

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