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Market Updates

Green Tea Giants Merge

Two of the global leaders in green tea innovation and processing technology have aligned, forming the world’s largest green tea extract manufacturer. Taiyo Green Power Co. Ltd is the new corporate entity resulting from the acquisition of Wuxi Green Power Bio-Product Ltd. in Jiangsu Province, China, by Taiyo Kagaku, Japan. Taiyo Green Power has selected Marco Hi-Tech, New York City, NY, as its exclusive sales and distribution agent to the dietary supplement market within the U.S. The new entity will also maintain the exclusive Chinese license to the Procter & Gamble patented solvent-free green tea processing technology.

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