Ecuadorian dairy firm Tonicorp has opened a new dairy production plant in Guayaquil. The inauguration ceremony was chaired by the President of Ecuador, Lenín Moreno, together with directors of Arca Continental and The Coca-Cola ...
Tags: dairy, dairy Facility
China Mengniu Dairy has agreed to acquire China Modern Dairy (CMD) for HK$6.4bn ($826m) to consolidate its position in the high-end dairy products sector. As part of the deal, China Mengniu will buy 965.47 million shares in CMD from a ...
Tags: Mengniu Dairy, Dairy
A new version of the Tetra Pak Standardization unit has lifted the precision of the process to a new level, helping dairy manufacturers produce their products with optimal fat content and achieve savings. To produce milk with a specific ...
Agropur Cooperative, in partnership with the Quartier de l'innovation de Montréal, AgBioCentre and NineSigma, has announced the launch of Inno Challenge, an initiative to create new dairy products through open innovation. This is a ...
Mexican food company Grupo LALA has signed a strategic agreement with the Costa Rican firm Florida Bebidas for the production, distribution and sale of LALA products in Costa Rica. The partnership is expected to enable LALA to gain access ...
Tetra Pak has entered the growing category of ambient drinking yoghurt with its aseptic packages. This type of product, which requires no refrigeration, now accounts for 13 per cent of China's yoghurt category and is expected to achieve ...
Freedom Foods has reported a Net profit of $55.2 million for the first half of the 2015 financial year. However, the Net Profit figure was boosted by the inclusion of a post-tax fair value gain of $52.2 million from the gain on ...
Tags: Freedom Foods, Agriculture
The UK government is planning to introduce compulsory country of origin labeling for dairy products in order to support struggling dairy farmers. Dairy products including cheese, milk and yoghurt will feature the country of origin ...
Tags: Dairy Products, yoghurt
The government of Oman has announced plans to set up a dairy firm with an investment of around OMR100m ($258.8m) to achieve self-sufficiency in dairy production and food security The proposed project is being promoted by state-owned ...
Tags: dairy production, food security, Agriculture
The Government of Oman is planning to set up a dairy firm, which will see an investment of around OMR100m ($258.8m). The investment is in line with the government's strategy to achieve self-sufficiency in dairy production, reports ...
Tags: Dairy Firm, investment funds, private investors, Agriculture
India-based Dharampal Satyapal Group intends to invest INR2bn ($32m) to establish five dairy production units in India over the next three years. The firm, which plans to roll out a range of dairy products such as butter and cheese across ...
Tags: dairy products, Agriculture
Indian conglomerate Dharampal Satyapal Group (DS Group) is planning to set up five new dairy production plants in the country, a move that will increase its capacity. The company intends to invest around INR2bn ($32.14m) in the expansion, ...
Tags: dairy production, butter, cheese, 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
Chinese dairy producer Inner Mongolia Yili Industrial has announced plans to invest around CNY2bn ($327m) in its Oceania Dairy production base in Waimate, South Island, New Zealand. So far, the company has already invested around CNY1.2bn ...
Chinese dairy producer Inner Mongolia Yili Industrial is planning to invest around CNY2bn ($327m) in its Oceania Dairy production base in New Zealand. The proposed investment will be employed in the construction of a raw milk ...
Tags: Inner Mongolia Yili Industrial, Oceania Dairy production, Agriculture