Tican Subsidiary Invests in China
CHINA - Danish-based meat processor, Tican, plans to make further investments in China to boost slaughterhouse capacity and exports.When Tican opened a sales office in Shanghai in 2008, its goal was to increase turnover from 8,000 tonnes to 11,000 tonnes annually.
According to BPEX, citing a report in Landbrugsavisen, that goal was already exceeded in 2009 when turnover reached 13,000 tonnes. Its subsidiary, Tican China, is further investing there with the aim to create added value for selected customers to some of Tican’s products and thus increase exports.