SUJISLINK a participating company in the Food Tech 42 Alliance (hereinafter referred to as the Alliance) from the Seoul metropolitan area, is accelerating its expansion efforts through collaboration with Jeonbuk Special Self-Governing Province and the Jeonbuk Bio Convergence Industry Promotion Agency.  The Alliance, spearheaded by Jeonbuk Province to lead the agro-life industry, was established in September last year as a consultative body for open innovation among industry, academia, research, and government sectors.  The Alliance operates two specialized groups: the 'SF (Alternative Food) Group' focused on sustainable food and the 'DX (Digital Transformation) Group' focused on smart manufacturing.  SUJISLINK is a member of the Alliance's SF Group and is the first food tech company in Korea to introduce production facilities for plant-based protein alternatives (HMMA - High Moisture Meat Analogue).  As a key SME capable of mass-producing high-moisture textured protein, SUJISLINK produces a variety of alternative meat products. It also collaborates in various areas, including with The Vegetarian Butcher, a subsidiary of the global company Unilever, to offer vegan sauce products, further expanding its scope.Notably, at the 'Seoul International Food Industry Exhibition 2024 (SEOUL FOOD 2024)' held in June, Unilever Food Solutions and SUJISLINK participated with a joint booth, gaining attention as a company with significant growth potential for exploring new domestic and international markets... (Continue)Source: Jeonbuk Domin Ilbo (http://www.domin.co.kr)

  On the 21st, industry reports indicated that SUJISLINK participated in the '2024 Seoul International Food Industry Exhibition (SEOUL FOOD 2024)' from June 11 to 14 in collaboration with Unilever Food Solutions.  SUJISLINK specializes in mass-producing high-moisture textured protein. At the exhibition, they offered visitors the chance to sample their plant-based meat products paired with various vegan sauces from Unilever Food Solutions. The combination of SUJISLINK's plant-based meat and Unilever's sauces was a major highlight.  This event aimed to raise awareness of plant-based meat products and offer more options to vegan consumers. Many domestic and international buyers visited the booths of Unilever Food Solutions and SUJISLINK, showing great interest.  A SUJISLINK representative said, "Our joint booth with Unilever Food Solutions at the Seoul International Food Industry Exhibition attracted a lot of attention. Unilever effectively promoted its sauces, while SUJISLINK took the opportunity to strengthen its presence in the vegan market."Link: News2day (http://m.news2day.co.kr)

Samyang Foods has confirmed a 3 billion KRW investment in SUJISLINK, a FoodTech company specializing in alternative meat production, marking its entry into the alternative food market. Samyang Foods believes that SUJISLINK’s capability to create plant-based protein structures will significantly aid its new ventures in the bio-related fields. Consequently, the industry is closely watching SUJISLINK, which has partnered with the internationally successful Samyang Foods.According to the Green Economy News on the 22nd, Samyang Foods is set to enter the alternative food market by collaborating with FoodTech company SUJISLINK. Recently, Samyang Foods made a strategic investment of 3 billion KRW in SUJISLINK. Following a memorandum of understanding signed last November, this investment aims to promote active business cooperation between the two companies. Hence, the industry’s attention is focused on SUJISLINK’s partnership with Samyang Foods. (continue)Link: Green Economy News (https://www.greened.kr/)

SUJISLINK, a food tech company, announced on the 8th that it has secured a strategic investment of 3 billion won from Samyang Foods.  SUJISLINK stated, 'Following a business agreement with Samyang Foods last November, we have decided to attract this investment to actively cooperate in the alternative meat sector.’  Established in 2016 as an agricultural corporation, SUJISLINK initially began with the production of processed meat products and became the first in Korea to introduce Swiss Bühler's High Moisture Meat Analogue (HMMA) mass production equipment for plant-based meat.  Currently, the company focuses on the development and production of plant-based alternative meats.  A Samyang Foods investment official described SUJISLINK as a leading food tech company with excellent capabilities in implementing plant-based protein structures and rapidly advancing technology.  They stated, “Considering the infinite potential of the alternative protein market, we believe there are many opportunities for collaboration with SUJISLINK.” (continue)Link: Maeil KyeongJe (https://www.mk.co.kr/)

Recently, a significant exchange platform opened in Jeon-ju. The "Food-Tech 42 Alliance Networking Day" was held to promote collaboration between food tech companies and institutions and to foster K-Food Tech's global leadership. Food-Tech combines food and technology, representing an emerging industry integrating innovative technologies such as IT, BT, AI, IoT, 3D printing, and robotics into food production, distribution, and consumption processes.The domestic Food-Tech market is expected to expand from 61 trillion won in 2020 to 140 trillion won by 2040. In line with this, Jeollabuk-do Province and the Jeollabuk-do Bio-Convergence Industry Promotion Agency (Director Lee Eun-mi, hereinafter referred to as the Bio-Convergence Agency) are ramping up efforts to build a future food innovation ecosystem through Food-Tech, which has garnered attention as a sustainable future technology addressing environmental and population issues. They are focusing on various national projects, including new technology R&D, workforce development, and certification, to support the growth of the Food-Tech industry.Link: JeonBuk JoongAng (https://www.jjn.co.kr/)