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Milk Market
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Finland's Top Court Upholds Eur70m Fine on Valio for Lowering Milk Prices
Jan 10, 2017Finland's Supreme Administrative Court has upheld a decision to impose a fine of €70m on dairy giant Valio for abusing its dominant market position in the domestic milk market. With the decision, the court has ended a long legal ...
Tags: Finland, Lowering Milk
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Asia-Pacific To Drive Growth In Cartonboard Industry
Mar 21, 2016New data released shows the cartonboard industry must look east for growth, with Asia Pacific accounting for almost two thirds of demand for folding cartons by 2018, and liquid cartons by 2019. Diversification of consumption patterns, ...
Tags: Cartonboard, Asia-Pacific
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Emmi to Purchase 60% Stake in Goat Cheese Manufacturer Bettinehoeve
Feb 5, 2016Swiss dairy processing company Emmi is to purchase 60% stake in Dutch goat cheese maker Bettinehoeve in order to bolster its growth prospects in the fresh goat‘s milk and cheese segments. Following the completion of transaction, ...
Tags: goat milk products, cheeses
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Amul Expand Product to Increase Consumer Demand in The Local and Global Markets
Jan 7, 2015India-based Amul is planning to invest around INR50bn ($786.8m) in a move to ramp up its production capabilities. The proposed investment is anticipated to increase the company's capabilities by more than a third over the next three ...
Tags: milk, Agriculture
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IDB Plans to Double Its Presence in The Chinese Mass Market by 2015
Nov 11, 2014The Irish Dairy Board (IDB) plans to double its presence in the Chinese mass market by 2015 in line with its strategy to tap milk deficit regions. The cooperative has been making attempts to expand internationally in order to find ...
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Dairy Company A2 Milk Is Planning to List on The Asx Amid Rise to Rise in Profits
Sep 1, 2014Dairy company A2 Milk is planning to list on the Australian Securities Exchange (ASX) amid rise in profits across the country. The company, which has been listed in New Zealand since 2004, had witnessed revenue growth of 31% over the ...
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Most Domestic Dairy Companies Put up Prices Last Week
Dec 14, 2013Chinese consumers can expect higher dairy prices in December because of a shrinking supply of raw milk from the country's fragmented milk farms. Most domestic dairy companies put up prices last week, ranging from five to 20 percent. This ...
Tags: Milk Powder, Dairy Products
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The Widening Gap in Domestic Milk'll Lead to A Shortage
Nov 10, 2013The widening gap between milk demand and supply will lead to a shortage totaling about 15 to 20 percent of China's market value in 2017, or 66 billion yuan ($10.75 billion), a report has said. Driven by increasing consumption and deeper ...
Tags: Milk Market, Milk Demand
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Grupo Lala Has Announced Plans to Launch an Ipo to Strengthen Its Distribution Operations
Sep 26, 2013Grupo Lala, a Mexican dairy company, has announced plans to launch an initial public offering (IPO) to strengthen its distribution operations and prepay bank loans. The company also plans to use the proceeds to pursue acquisition of ...
Tags: Dairy Grupo, IPO
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MG Has Recorded More Than Two-Fold Increase in Net Profit After Tax to $34.9m
Sep 24, 2013Murray Goulburn (MG) Co-operative, an Australian diary giant, has recorded more than two-fold increase in net profit after tax to $34.9m for the financial year ended 30 June 2013, as compared to $14.5m in 2012. Sales rose by 1% against ...
Tags: Murray Goulburn, Food
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Surepure Enteres Into an Agreement with Milk Independent of Stellenbosch
Aug 27, 2013SurePure has entered into an agreement with Milk Independent of Stellenbosch, South Africa, for the distribution of its photopurification technology in the dairy sector across sub-Saharan Africa. This announcement comes after the approval ...
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Wyeth Cuts Infant Formula Prices in China Amid Probe
Jul 4, 2013Wyeth Nutrition, the infant formula company bought by Nestle last year, is cutting prices in China, the first such move since it was one of five foreign infant milk formula companies put under investigation for possible price-fixing. ...
Tags: infant formula, milk powder
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Dairy Crest Is Consulting Staff on Plans to Break up Its Milk Delivery Business
Jul 3, 2013Dairy Crest is consulting staff on plans to break up its milk delivery business in the north west of England and sell it off for £1.15M to Creamline Dairies. Dairy Crest said the sale would help reduce its exposure to the less ...
Tags: Dairy, Milk, Agriculture, Food
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DFA Has Settled a Class Action Lawsuit Accusing The Cooperative of Conspiring
Jan 25, 2013Dairy Farmers of America (DFA) has settled a class action lawsuit accusing the cooperative of conspiring to control the raw milk market in the southeastern US. DFA will pay US$140m to the plaintiffs. An additional, refundable $9.3m per ...
Tags: DFA, raw milk market, class action lawsuit
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New Carton-Based Packaging Is Launched by Tetra Pak
Dec 17, 2012Swedish food packaging and processing company Tetra Pak has announced the launch of its new portion pack, Tetra Brik Aseptic 200ml Edge with HeliCap, in the Middle East. Arla Foods Group's Danya Foods has selected the new carton-based ...
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