India based HR Food Processing, the owner of Osam Dairy, has raised INR450m ($6.6m) in a new funding round to expand its milk production capacities. Lok Capital and existing investor Aavishkaar led the Series B funding round, reported The ...
Tags: HR Food Processing, Osam Dairy
Perrigo has secured approval from the US Food and Drug Administration to launch three milk-based, store brand non-GMO infant formulas. The company has already started shipments to its retail customers. Several branded, non-GMO formula ...
Tags: three milk-based, non-GMO formula, baby
Irish dairy company Ornua has opened a €20m cheese manufacturing facility in Riyadh, Saudi Arabia. The facility will produce white cheeses for the Saudi Arabian market, which is considered to be the fifth largest dairy importer in ...
Despite dairy commodity prices dropping globally, Murray Goulburn’s share debut on the Australian Securities Exchange (ASX) has been a strong one. Murray Goulburn is the largest of the Australian-owned dairy processors to list on the ...
Tags: Murray Goulburn's share, agriculture and beverage, dairy processor, milk
Glanbia Ingredients Ireland has opened a €235m hi-spec infant formula standard facility in Belview, a move that will create 1,600 direct and indirect jobs in South East. The facility will manufacture specialized milk powder products ...
Tags: Agriculture, Food, milk, milk powder
Yoghurt growth opportunities fuelled by global lifestyle differences, market research More than half (53 percent) of consumers globally are eating more yoghurt than they used to, according to findings from a study commissioned by global ...
Tags: Agriculture, Food
Bord Bia today launched its Export Performance and Prospects Report which reflects a 4% increase in exports for 2014 to reach a record high of almost €10.5bn. Aidan Cotter, Chief Executive, Bord Bia outlined the background to the ...
Tags: milk, drink industry, Agriculture
Fonterra, New Zealand's dairy co-operative, has reduced the price it expects to pay farmers for milk, in response to the declining dairy prices in the international market. The price has been reduced to also deal with the glut in ...
Tags: Dairy, milk, Agriculture
The Irish Dairy Board (IDB) has expanded its product range to China with the introduction of Whole Milk under its new Kerrygold Chinese trade mark. The launch is said to form a part of IDB's strategy to develop premium dairy products ...
Liqui-Box, a world leader in flexible liquid packaging solutions celebrated the grand opening of their new facility in Taizhou, China with a public opening ceremony. The ceremony marks the grand opening of the Liqui-Box site that will ...
The 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 ...
The global food processing and packaging company said producers in both developed and emerging dairy markets need to address the careful balancing act required to ensure sustainable business success. Tetra Pak's Dairy Index reveals that ...
Tags: dairy products, food
Saputo (Saputo or the Company) reported today its financial results for fiscal 2014, which ended on March 31, 2014. All amounts in this news release are in Canadian dollars, unless otherwise indicated, and are presented according to ...
Tags: Agriculture, Food
Dairy co-operative Irish Dairy Board (IDB) is investing €20m in Saudi Arabia to acquire 75% stake in local firm Al Wazeen Trading and establish a new cheese plant at Al Wazeen facility in Riyadh. The expansion strengthens IDB's ...
Tags: Irish Dairy
Shrink sleeves machine manufacturer Sleever Machines Group has unveiled its new machine concept, the SleeverCombisteam. The new SleeverDairyCombisteam, which has been designed for dairy markets, has the capacity to apply sleeves at a rate ...
Tags: Sleever Machines, dairy markets