Zhongbai Xingye Food Technology (Beijing) Co., Ltd
Zhongbai Xingye Food Technology (Beijing) Co., Ltd, a company within the Brenntag group, plays a significant role in the Chinese dairy industry. Located in Beijing, China, this company is strategically positioned to serve one of the largest consumer markets in the world.
Financial Indicators
As a part of the Brenntag group, Zhongbai Xingye benefits from the strong global presence and financial stability of its parent company. While specific financial data for Zhongbai Xingye is not publicly disclosed, Brenntag's robust financial performance indirectly supports its subsidiaries. The Brenntag group reported revenues of approximately €14.4 billion in 2022, showcasing its strong market position.
Important Events
A significant development for Zhongbai Xingye is its distribution agreement with Arla Foods Ingredients, a renowned global player in dairy products. This partnership enables Zhongbai Xingye to distribute high-quality dairy ingredients in China, strengthening its market position and expanding its product offerings.
Plans and Future Prospects
Looking ahead, Zhongbai Xingye aims to leverage its strategic partnership with Arla Foods Ingredients to capture a larger share of the rapidly growing Chinese dairy market. The company plans to focus on expanding its distribution network and enhancing product availability to meet the increasing consumer demand for quality dairy ingredients.