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Beyond Meat Debuts New Product, Beyond Pork™, in China

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  • The plant-based minced pork is Beyond Meat’s latest cutting-edge innovation and the company’s first product developed specifically for the Chinese market
  • From Nov. 18-24, Shanghai foodies can be the first to try Beyond Pork at five popular Shanghai restaurants

 

SHANGHAI, CHINA – Media OutReach – 18 November 2020 – Beyond Meat, Inc. (NASDAQ: BYND), a pioneer in plant-based meat, is announcing its latest product innovation: Beyond Pork™. Designed to deliver the sumptuous taste, juicy texture and culinary versatility similar to traditional minced pork, Beyond Pork was created specifically for the Chinese market and is the next step forward in Beyond Meat’s commitment to creating high-quality products that meet consumers’ demand for delicious, nutritious and sustainable protein.

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The introduction of Beyond Pork follows the successful launches of the Beyond Burger® and Beyond Beef™ in mainland China and comes at a time when interest in plant-based meat is growing in China and around the world. Pork is the most popular meat in China and the country ranks among the highest pork consumption rates in the world[1], making it an excellent location for the unveiling of Beyond Pork. The development of Beyond Pork was a global collaboration between dedicated Beyond Meat teams in Los Angeles and Shanghai. In addition, Beyond Meat conducted multiple sensory tests in China to get direct consumer feedback toward perfecting the product. The result? Beyond Pork was a fan favorite among consumers for its ability to mirror the mouthwatering umami flavor, texture and aroma of animal-based minced pork, while offering the added health and environmental benefits of plant-based meat.

 

“We’re excited to launch Beyond Pork in China, marking a milestone for Beyond Meat as we are not only launching an entirely new product innovation, but our first plant-based meat product created specifically for the Chinese market,” said Candy Chan, China General Manager, Beyond Meat. “With Beyond Pork, Beyond Meat is providing even more delicious options for consumers to continue to eat their favorite dishes while enjoying the added nutritional and environmental benefits of plant-based meat. Beyond Pork’s exclusive debut in China furthers Beyond Meat’s commitment to this important market and its vision for plant-based meat to continue winning the hearts (and mouths) of Chinese consumers.”

 

Minced pork is featured in many Chinese dishes, making China the perfect place for Beyond Pork to show off its potential. From dumplings and mapo tofu to zhajiang noodles and lion’s head meatballs, Beyond Pork delivers the meaty taste and texture that Chinese consumers crave but with about 50% less saturated and total fat[2]. Made from simple plant-based ingredients, like rice and soybeans, Beyond Pork offers a rich source of protein with 18.5g per 100g serving and has no antibiotics or hormones.

To celebrate the launch of Beyond Pork, Beyond Meat is partnering with five popular restaurants in Shanghai, one of China’s food capitals. The roster of partner restaurants features some of the hottest names in Shanghai’s food scene, including Egg, Moménti, RAC, Solo X, and Tun Wang. 

“I was very impressed the first time I tried Beyond Pork; I even thought the chef must have actually used traditional animal pork mince by mistake. I think our fans are going to be very impressed when they try it — I bet they won’t even be able to tell the difference either,” said Simon Briens, Co-Founder of RAC restaurant.

Chefs from the five restaurants all joined a special VIP launch event on 17 November to unveil their dishes at the TX Huaihai Mall in Shanghai. Each chef was tasked with using Beyond Pork as they would animal-based minced pork, and their dishes ranged from RAC’s Beyond Pork Spicy Bolognaise to Tun Wang’s Beyond Pork and Shiitake Wonton Noodles. By working with five outstanding restaurants at the same time, Beyond Meat can showcase the wide variety of dishes that Beyond Pork can be used in with delicious results each time. Consumers in Shanghai will be able to enjoy the Beyond Pork special menu items in each of the five restaurants for a limited time (18 to 24 November). Follow Beyond Meat on Weibo or WeChat for the latest news and updates for Beyond Pork and other exciting happenings.

 

 



[2] Compared to common 70/30 minced pork; Per 100g serving Beyond Pork has 15g total fat and 5g saturated fat

About Beyond Meat

Beyond Meat, Inc. (NASDAQ: BYND) is a global protein company, offering a portfolio of revolutionary plant-based meats. Founded in 2009, Beyond Meat products are made from simple, plant-based ingredients and designed to have the same taste and texture as animal-based meat, while being better for people and the planet. Beyond Meat’s brand commitment, Eat What You Love™, represents a strong belief that there is a better way to feed our future and that the positive choices we all make, no matter how small, can have a great impact on our personal health and the health of our planet. By shifting from animal-based meat to plant-based meat, we can positively impact four growing global issues: human health, climate change, constraints on natural resources and animal welfare. As of September 26, 2020, Beyond Meat had products available at approximately 122,000 retail and foodservice outlets in over 80 countries worldwide. Visit beyondmeatchina.com.cn, follow @别样肉客BeyondMeat on Sina Weibo, and scan the QR code below to follow us on WeChat.

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Forward Looking Statements

Certain statements in this release constitute “forward-looking statements.” These statements are based on management’s current opinions, expectations, beliefs, plans, objectives, assumptions or projections regarding future events or future results. These forward-looking statements are only predictions, not historical fact, and involve certain risks and uncertainties, as well as assumptions. Actual results, levels of activity, performance, achievements and events could differ materially from those stated, anticipated or implied by such forward-looking statements. While Beyond Meat believes that its assumptions are reasonable, it is very difficult to predict the impact of known factors, and, of course, it is impossible to anticipate all factors that could affect actual results. There are many risks and uncertainties that could cause actual results to differ materially from forward-looking statements made herein including, most prominently, the risks discussed under the heading “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2019 filed with the U.S. Securities and Exchange Commission (“SEC”) on March 19, 2020, and the Company’s Quarterly Report on Form 10-Q for the quarter ended September 26, 2020 filed with the SEC on November 9, 2020, as well as other factors described from time to time in Beyond Meat’s filings with the SEC. Such forward-looking statements are made only as of the date of this release. Beyond Meat undertakes no obligation to publicly update or revise any forward-looking statement because of new information, future events or otherwise, except as otherwise required by law. If we do update one or more forward-looking statements, no inference should be made that we will make additional updates with respect to those or other forward-looking statements.

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FirstLight Files to Relicense Western Massachusetts Hydroelectric Assets for 50 More Years of Clean, Reliable Energy and Community Benefits

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FirstLight Power today submitted its combined Amended Final License Application (AFLA) to federal regulators to extend the operating licenses for 50 years for its Cabot and Turners Falls hydroelectric generating stations on the Connecticut River and its Northfield Mountain energy storage facility. These facilities, which provide clean power and long-duration energy storage, will be important contributors to Massachusetts efforts to achieve its goal of reaching net-zero greenhouse gas emissions by 2050.

If approved by the Federal Energy Regulatory Commission (FERC), the new licenses will sustain more than 70 well-paying and union-represented jobs in Western Massachusetts and hundreds of millions of dollars in local property tax payments to Erving, Gill, Montague, and Northfield for another half-century. The new license also ensures continued generation of clean, renewable, locally produced hydropower to more than 1 million New England homes and businesses.

Based on findings from more than 40 detailed scientific studies and years of environmental reviews, FirstLight is committing to $130 million worth of new investments in protection, mitigation, and enhancement (PM&E) measures, foregoing approximately $100 million in energy revenue over the next 50 years by restricting hours of hydropower generation to protect wildlife and habitat, and upgrading recreational facilities in the region. These measures include:

  • $5.6 million in investments to improve recreational facilities on the Connecticut River, including four new access points and boat launches in Montague and Northfield
  • New upstream and downstream fish passage facilities and protective netting at the Northfield Mountain water intake to minimize impacts on fish and marine life from operations
  • Changes in hydropower operations protocols to improve fish migration and spawning and to improve general aquatic habitat for a multitude of plant and animal species
  • And ongoing management plans for protecting bald eagles, long-eared bats, and shortnose sturgeon, maintaining historical properties, and mitigating the spread of invasive species.

FirstLight CEO Alicia Barton said: Northfield Mountain and our Cabot and Turners Falls facilities are delivering a significant portion of the zero-emissions clean power available to New Englands electric grid today, and they are poised to play an even more important role in the decades ahead as Massachusetts scales up renewable energy to achieve its ambitious goal of net-zero emissions by 2050. We are proud to be able to strengthen FirstLights longstanding environmental stewardship in the region and support environmental and species protection, preservation of clean energy jobs, and investment in the local economy, all while combating the existential threat of climate change.

FirstLight also acknowledged the contributions of the many stakeholders who provided valuable input into the process of developing the AFLA, including environmental and recreation organizations, tribal representatives, historical and cultural officials, and local, state, and federal agencies. The engagement of these stakeholders has been an important part of the development of this application, and we look forward to continuing to work with them as the process advances, said Barton.

The 1,168-megawatt Northfield Mountain pumped-storage facility, known as New Englands biggest and greenest battery, was originally completed in 1972 and can store enough power to serve 1 million homes for more than 7 hours every day. This makes Northfield Mountain both a critical resource for ensuring reliable power and an ideal backstop for large-scale wind and solar power to reduce regional greenhouse gas emissions. To bolster its value to the reliability of the New England electric grid and to the regions carbon reduction goals, FirstLight is asking FERC to make permanent the allowed use of existing storage capability at Northfield Mountain that FERC has granted during seasonal peak times in the past.

Cabot-Turners Falls is Massachusetts largest conventional hydropower facility and consists of the 62-megawatt Cabot Station, first put into service in 1916, and 6-megawatt Turners Falls station just upstream, commissioned in 1905.

As part of its stewardship of the local environment and approximately 4,000 acres of land in Western Massachusetts associated with the facilities, FirstLight already provides access to some of the areas marquee outdoor recreation sites, including the Northfield Mountain Recreation and Environmental Center, the Turners Falls Fishway, Riverview Park, and the Barton Cove and Munns Ferry campgrounds. The new river access points will provide kayakers, canoers, hikers, and other visitors with even more options to enjoy the river and its wildlife.

Extensive research for the 700-page AFLA, including analysis by the nations leading riverbank-erosion scientist, confirmed that FirstLights operations affect riverbanks in only two locations, one of which has already been remediated. In the second location, research showed, naturally high river flows and boat wakes account for the vast majority of riverbank impacts, with only 8 percent of impact attributable to hydroelectric operations by FirstLight. The study confirmed that the steps FirstLight has completed to date to mitigate shoreline erosion issues have satisfactorily addressed all impacts related to hydropower operations.

The full license application and associated public notices for the AFLA may be found HERE.

ABOUT FIRSTLIGHT POWER

FirstLight Power (FirstLight) is a leading clean power producer and energy storage company in New England with a portfolio that includes nearly 1,400 megawatts of pumped-hydro storage, battery storage, hydroelectric generation, and solar generationthe largest clean energy generation portfolio in New England today.

Len Greene, Director of Government Affairs & Communications

Office: 413-659-4426, Cell: 860-795-4310

Peter J. Howe/Denterlein strategic communications and PR: 617.482.0042 or [email protected]

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Zane Morton to oversee DHL Global Forwarding in New Zealand and Fiji

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  • The logistics veteran brings four decades of DHL experience to the key role in the South Pacific

SINGAPORE – Media OutReach – 1 December 2020 – As the business in DHL Global Forwarding New Zealand and Fiji continue on its growth trajectory, the freight specialist of the Deutsche Post DHL Group officially appoints Zane Morton as Managing Director for these two countries in the South Pacific effective today. Having built an illustrious career with the Group spanning almost four decades, Morton will lead the operations in New Zealand and oversee the growth of the business in Fiji, managed by Country Manager Ray Viegas, who will report to him.

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“Across his many different roles and responsibilities, Zane has proven himself to be a respected leader, who is customer-oriented in his outlook and finely attuned to developments in the logistics and freight forwarding industry. We are confident he will help our businesses in New Zealand and Fiji reach greater heights amidst the current challenging microenvironment and augment existing synergies between our operations in New Zealand and Fiji,” said Charles Kaufmann, CEO, DHL Global Forwarding North Asia South Pacific.

 

New Zealand’s exports grew 58.6% in the last decade between 2009 and 2019. DHL Global Forwarding is optimistic about the growth potential in the market and considers perishables, life sciences and healthcare, amongst others, as promising areas that the company would further develop.

 

Reporting to Kaufmann in this new role, Morton said, “I’m acutely aware that I’m taking on the role at a very interesting time. In the short term, the industry will face a massive undertaking of delivering an unprecedented volume of more than 10 billion doses of vaccines worldwide; at the same time, DHL Global Forwarding is undergoing a digital transformation with the rollout of myDHLi in accordance to the Group’s Strategy 2025 to futureproof the organization and improve operational excellence in the long term. I am excited to lead the teams in New Zealand and Fiji to take on these challenges and leverage the opportunities to bring the business to greater heights.”

 

DHL recently published a white paper on securing a stable supply chain for vaccines and medical goods during health crises and how the transport of vaccines as a highly temperature-sensitive product can be managed effectively to combat the further spread of the COVID-19 virus. The global logistics leader has been serving the life science and healthcare sector for over 20 years, shipping all sorts of pharmaceutical and medical-related products, including vaccines and therapeutics, worldwide.

 

Morton first joined DHL in New Zealand in 1983 and held various positions during his career, including Operations Management, Country Sales & Marketing Manager, Country Ocean Freight Manager and Wellington Branch Manager. In 2006, he relocated to Dubai where he was the Regional Marketing and Sales Manager for DHL Middle East and Africa for DHL Global Forwarding. He returned to New Zealand in 2011 and was appointed Head of Ocean Freight in 2012, and subsequently named Head of Sales in 2015.

 

Note to editors:

The New Zealand- Europe FTA represents an opportunity to gain better access to the bloc’s almost 500 million consumers through lower tariffs, and new multi-modal shipping options could also lead to even more savings for importers. Read more on DHL’s Logistics of Things.


DHL – The logistics company for the world

DHL is the leading global brand in the logistics industry. Our DHL divisions offer an unrivalled portfolio of logistics services ranging from national and international parcel delivery, e-commerce shipping and fulfillment solutions, international express, road, air and ocean transport to industrial supply chain management. With about 380,000 employees in more than 220 countries and territories worldwide, DHL connects people and businesses securely and reliably, enabling global sustainable trade flows. With specialized solutions for growth markets and industries including technology, life sciences and healthcare, engineering, manufacturing & energy, auto-mobility and retail, DHL is decisively positioned as “The logistics company for the world”.

DHL is part of Deutsche Post DHL Group. The Group generated revenues of more than 63 billion euros in 2019. With sustainable business practices and a commitment to society and the environment, the Group makes a positive contribution to the world. Deutsche Post DHL Group aims to achieve zero-emissions logistics by 2050.

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Blake Dair Announces New Managing Partner

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SINGAPORE – Media OutReach – 1 December 2020 – Blake Dair Consulting Pte Ltd, the Singapore based front office trading and technology specialist recruitment company, would like to announce that Nafisa Manasawala will be appointed as Managing Partner of the business from 1st December 2020.

Nafisa has more than 20 years experience in top tier banking as a successful private banker, executive search recruiter and internal talent acquisition specialist. She has worked with banks like Merrill Lynch, Standard Chartered, Credit Suisse and Morgan Stanley. Nafisa combines team management experience with hands-on recruitment experience and deep business understanding, making her a trusted strategic partner in talent management and acquisition.

Nafisa commented, “I am excited to join an established recruitment firm such as Blake Dair Consulting and keen to contribute to the growth of the company through exceptional client service and candidate advisory. My first priority is to build the team selectively, to deepen our experience pool and enhance our market reach.”

“Nafisa joining is fantastic for the team at Blake Dair,” says James Ient, the Founding Shareholder. “The experience Nafisa brings to Blake Dair really helps us achieve our objective of being the preferred employer and preferred vendor in this sector.”

Blake Dair Consulting is a specialist recruitment firm operating in Singapore since 2011 that services clients with roles in Japan, Hong Kong, Malaysia and Singapore in Front Office, Trading and Trading Technology.

+65 67213050

[email protected]

www.bdc.sg

 

Employment Agency License: 11C2852

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