International companies partner on a pea-processing facility in Malaysia to create plant-based ingredients.
Japan’s Megmilk Snow Brand Co is joining with Singapore’s Agrocorp International to make plant-based ingredients for the alt-protein and -dairy industries.
The companies will invest $21 million in forming a joint venture, Snow Pie Ltd., with Agrocorp contributing 51% and Megmilk 49%, to construct a plant in Malaysia to make pea protein, pea starch and pea fiber.
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