SEOUL, Dec. 2 (Korea Bizwire) — South Korean food company CJ CheilJedang Corp. said Monday it has introduced its “shelf-stable” noodle products to the European market for the first time this month. The company has introduced its shelf-stable noodle product, bibigo Korean Style Udon Noodles, in Britain, Sweden and Spain to gain a bigger share [...]
SEOUL, Nov. 28 (Korea Bizwire) – South Korean food giant CJ Cheiljedang Corp. said Thursday it has begun selling an instant fried rice product for the first time in the United States. Korean barbecue-flavored fried rice under CJ Cheiljedang’s bibigo brand is now available at major grocery shops, including Walmart and Publix, and will be [...]
SEOUL, Jun. 20 (Korea Bizwire) – CJ CheilJedang, a leading food company in South Korea, has taken an active stance in upcycling, repurposing wheat bran, a byproduct of flour milling, as an ingredient in bread products. The company announced on June 19 that it is expanding synergies by investing in two food startups, Re:Harvest and SnE [...]
SEOUL, March 22 (Korea Bizwire) — Sales of frozen snacks rose sharply in 2017 from the previous year, industry data showed Thursday, amid the growing popularity of frozen pizza, hot dogs and other snacks. The sales figure soared to 134.2 billion won (US$125 million) last year from 61 billion won the previous year, according to [...]
SEOUL, Feb. 8 (Korea Bizwire) — CJ Cheiljedang Corp., South Korea’s leading food manufacturer, said Thursday its net profit rose 16.8 percent in 2017 from a year earlier on the back of brisk performance of its processed foods and overseas businesses. Net income came to 412.8 billion won (US$379.3 million) on a consolidated basis last [...]
SEOUL, June 24 (Korea Bizwire) – Before the commercial sales of its new bio-methionine product “L-Methionine,” CJ CheilJedang held a discussion forum to inform the strengths of the product and set up a marketing strategy with the world’s renowned scientists. CJ held the first Amino Acid Forum in Animal Nutrition at CJ Human Ville in [...]
SEOUL, May 9 (Korea Bizwire) – CJ CheilJedang announced its first-quarter sales results on May 8. Its sales revenue slightly increased to 1.8 trillion won, a 0.3-percent rise from the same period of the previous year. However, its operating profit showed a 12.7-percent decrease to 98.8 billion won due to a slump in domestic consumption [...]