Olam Food Ingredients to develop dairy processing plant in New Zealand

NEW ZEALAND – Olam Food Ingredients, the ingredients arm of Singapore-headquartered food and agri-business company-Olam, has announced plans of setting up a new dairy processing facility in the North Island town of Tokoroa, New Zealand. The new processing plant investment by the global leader in natural and sustainable ingredient solutions, follows 10 years as an investor in the New Zealand dairy sector. It will become part of a global network that spans 20 major milk consumption markets, such as South-East Asia, China, the Middle East, and Africa further cementing its…

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Dairibord reports 54.5% rise in interim sales volumes triggering jump in revenue to US$11.6m

ZIMBABWE – Zimbabwe’s leading dairy processor, Dairibord Zimbabwe Limited (DZL), has show-cased a stellar performance in the first half year period ended June 2021, reporting a 65% rise in revenue to ZW$4.2 billion (US$11.6m) from ZW$2.5 billion (US$6.9m) registered in the corresponding previous year. The solid top line performance was a result of the 54.5% increase in sales volumes and moderate price adjustments to minimise margin compression. According to the company, demand was firm across all product categories, with sales volumes for the period being 54.5% above prior year, the…

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FrieslandCampina CEO Schumacher named new Global Dairy Platform Chair, Anheuser-Busch shuffles leadership team

USA – Global Dairy Platform (GDP), a not-for-profit industry association representing the international dairy sector, has announced the appointment of Hein Schumacher, Chief Executive Officer of Royal FrieslandCampina, as Chair of its Board of Directors. GDP membership, which includes more than 95 leading corporations, companies, associations, scientific bodies and other partners, has operations in more than 150 countries and collectively produces approximately 1/3 of all the world’s milk. Schumacher succeeds Rick Smith, President and Chief Executive Officer of Dairy Farmers of America, who completed a four-year term as GDP Chair.…

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Arla to expand organic range with new US$35m investment in Swedish dairy facility

SWEDEN – Danish multinational dairy cooperative Arla has announced an investment of SEK 300 million (approx. $35 million) in its dairy facility in Götene, Sweden, as it aims to expand its organic range.  According to a statement from the company, the investment will see the site’s capacity for handling organic milk doubled, from one to two day’s production time.  This announcement follows the news of an investment made by Arla earlier this, where the company invested SEK 95 million in Götene to expand its butter production capabilities.  “Every day, our farmer-owners do an incredible job on their…

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Mengniu scores another sustainability win with move to recycled resin for packaging

CHINA – Chinese dairy giant Mengniu has partnered with packaging and materials science firm Dow to transition to the use of recycled resin shrink film for the secondary packaging of its dairy products.  According to a report by Food Navigator, the transition makes the Chinese dairy heavyweight the first firm in China’s domestic food industry to adopt recycled resin in packaging.  Speaking to Journalists, Mengniu Dairy Packaging R&D Director, Frank Wang said that the transition was in line with its vision to reduce its environmental impacts as part of its…

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Mongolian dairy producer Suu Milk secures financing from EBRD, XacBank to support expansion programs

MONGOLIA – Suu Milk, one of Mongolia’s oldest dairies, has secured funding from the European Bank for Reconstruction and Development (EBRD) and the local lender XacBank to support its expansion plans.   Founded in 1958, Suu Milk prides itself in being the oldest dairy company in Mongolia. It reportedly sources milk supplies from 19 collection points in the country and has more than 420 employees.  In a joint transaction, XacBank will be providing a local currency loan equivalent to US$4.8 million to Suu Milk, while 65 percent of the risk on the loan…

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India food regulator FSSAI asks e-commerce companies to end classification of plant-based products as dairy

INDIA – The Food Safety and Standards Authority of India (FSSAI) has directed e-commerce platforms to delist plant-based products as dairy milk products in line with a government regulation that non-milk products cannot be classified and sold as ‘dairy’ products.  “The general standard for milk and milk products under the Food Safety and Standards Regulations clearly lays down guidelines for use of dairy in the nomenclature of products,” FSSAI noted.   “These regulations state that use of any dairy term for a product which is not milk or a composite milk product is prohibited and any such action is in…

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Lactalis sells leading US feta cheese brand Athenos to Emmi Roth

USA – Lactalis Group, the world’s largest dairy company, is selling its US feta cheese manufacturer Athenos to Emmi Roth USA, a business unit of the Emmi Roth Group.  Athenos has an extensive presence in the US retail and foodservice sectors and generated approximately US$90 million in sales in 2020.  Lactalis Group acquired the Athenos business as well as several other cheese brands this past September from the Kraft Heinz Co. in a US$3.2 billion transaction.   Antitrust regulators in the United States raised concerns about some aspects of the…

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Bakhresa Group takes aim at a bigger piece of Africa

Not so many businesses can boast of having brands that are household names, resonating with consumers of all ages and different social walks of life. Deemed as one of Africa’s success stories, Bakhresa Group, a diversified industrial conglomerate headquartered in Tanzania, is one such company

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