Another food scare in China has caused big brand food chains to sever ties with partners and source alternative supplies, highlighting the risk of reliance on a single company.
OSI Group, the parent company of Shanghai Husi Food Co, is being investigated for allegedly selling expired meat to fast food chains.
The US-based group is one of the largest privately-held food processing companies in the world. The company reprocesses meat products and supplies them to fast food chains, such as McDonald’s, Burger King and KFC.
ADVERTISEMENT
Many McDonald’s restaurants in China and Japan have stopped serving beef and chicken as it could have been sourced from Shanghai Husi.
OSI said it was suspending operations at the Shanghai base and would withdraw all products manufactured by its embattled unit from the marketplace. It also said it would undertake a review of all its China plants in a bid to limit further damage.
This could create an opportunity for Irish beef. McDonald’s is the single largest purchaser of Irish beef by volume, purchasing approximately 40,000 tonnes of Irish beef annually. Two years ago, it signed a five year €300 million deal with Dawn Meats to process up to 18,000 tonnes of Irish beef annually.
Register for free to read this story and our free stories.
This content is available to digital subscribers and loyalty code users only. Sign in to your account, use the code or subscribe to get unlimited access.
The reader loyalty code gives you full access to the site from when you enter it until the following Wednesday at 9pm. Find your unique code on the back page of Irish Country Living every week.
CODE ACCEPTED
You have full access to the site until next Wednesday at 9pm.
CODE NOT VALID
Please try again or contact support.
Another food scare in China has caused big brand food chains to sever ties with partners and source alternative supplies, highlighting the risk of reliance on a single company.
OSI Group, the parent company of Shanghai Husi Food Co, is being investigated for allegedly selling expired meat to fast food chains.
The US-based group is one of the largest privately-held food processing companies in the world. The company reprocesses meat products and supplies them to fast food chains, such as McDonald’s, Burger King and KFC.
Many McDonald’s restaurants in China and Japan have stopped serving beef and chicken as it could have been sourced from Shanghai Husi.
OSI said it was suspending operations at the Shanghai base and would withdraw all products manufactured by its embattled unit from the marketplace. It also said it would undertake a review of all its China plants in a bid to limit further damage.
This could create an opportunity for Irish beef. McDonald’s is the single largest purchaser of Irish beef by volume, purchasing approximately 40,000 tonnes of Irish beef annually. Two years ago, it signed a five year €300 million deal with Dawn Meats to process up to 18,000 tonnes of Irish beef annually.
If you would like to speak to a member of our team, please call us on 01-4199525.
Link sent to your email address
We have sent an email to your address. Please click on the link in this email to reset your password. If you can't find it in your inbox, please check your spam folder. If you can't find the email, please call us on 01-4199525.
ENTER YOUR LOYALTY CODE:
The reader loyalty code gives you full access to the site from when you enter it until the following Wednesday at 9pm. Find your unique code on the back page of Irish Country Living every week.
SHARING OPTIONS