Keytone Dairy acquires UHT drinks maker Omniblend for US$15.5m

AUSTRALIA – Keytone Dairy, leading dairy manufacturer in New Zealand and Australia has entered into a binding agreement to acquire Australian UHT drinks manufacturer for US$15.5 million (AUD 22.6 million). The acquisition will be funded through capital raising as part of the plan to scale and diversify its business in the health and wellness segment, which offers attractive growth opportunities. The 100% Omniblend buy involves a placement of up to $8 million to institutional and sophisticated investors and a $10 million share purchase plan, both being offered at $0.43 per…

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Nestle launches Materna Opti-Lac to support breastfeeding in lactating mothers

SWITZERLAND – Nestle has launched a new product called MATERNA Opti-Lac to support and protect lactating mothers from risks associated with breastfeeding. The probiotic solution will help them reduce the risk of breast pain and mastitis, a painful inflammatory infection of the breast tissue occurring mostly during breastfeeding. The product is a food supplement containing a patented unique probiotic strain L. fermentum LC40, naturally found in breastmilk of healthy mums to support breast health. MATERNA Opti-Lac is being launched in Hong Kong, China and will debut in various global markets…

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Symrise’s Diana Food opens R&D facility in Canada to drive innovation

CANADA – Diana Food, the nutrition and wellness division of Symrise has opened a new research & development facility in Quebec, Canada to promote innovation in consumer nutrition and well-being solutions. The new center will focus on product and process development, supporting the nearby Consumer Health facility where Diana produces nutritional ingredients for use in a range of health solutions. The location will be home to experts including scientists from Diana’s labs in France, providing solutions such as polyphenols from locally sourced materials like cranberries and blueberries and explore their…

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Zambeef Products half year revenue decline 4% amid challenging environment

ZAMBIA –Zambeef Products PLC, a food products and agribusiness company, posted a 4% decline in revenues to US$118.8 million for the six months to March 31, 2019 amid a challenging operating environment. Zambeef plunged into a pre-tax loss of US$2.5 million compared to a pre-tax profit of US$2.8 million the year before. The company’s earnings before interest, tax, depreciation, and amortisation (Ebitda) margin – a measure of a company’s operating performance- also declined to 5.8% from 10% a year before, leading to a 46% fall to US$6.8 million. However Zambeef…

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Unilever unveils wrapper-less ice cream multipack to tackle plastic waste

UK – Unilever has launched new wrapper-less multipack for ice cream, Solero Organic Peach to reduce plastic use in the home. The new pack uses 35% less plastic compared to the original pack and is made from a specially designed PE (Polyethylene) coated cardboard, ensuring no compromise on the quality of the ice cream. The new, innovative box has built-in compartments, so the individual ice creams can be inserted, without a plastic wrapper, and the box can be widely recycled in the UK. “As we head towards summer, we’ve listened…

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IFAD partners with Rwanda in US$1.3m project to boost dairy sector

RWANDA – The International Fund for Agriculture Development (IFAD), in partnership with the Ministry of Agriculture in Rwanda have unveiled $1.3 million (Rwf1.1 billion) worth of equipment aimed at improving the dairy sector.   Through Rwanda Dairy Development Project (RDDP) – a joint project between IFAD and the ministry of agriculture – the equipment will be distributed to dairy farmers in the country. The equipment include 25 milk coolers each with a capacity to handle over 2,000 litres as well as 16,262 milk cans – in which farmers will foot…

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Arla develops artificial intelligence tool to predict milk supply

DENMARK – The Danish dairy company, Arla Foods has developed a new artificial intelligence tool which is able to predict the amount of milk produced and supplied by farmers to the cooperative. Arla can now predict how much milk 1.5 million cows will produce, ensuring sustainable milk and better utilization across the entire value chain. It said that this kind of forecast previously took days to create and arose manually from piles of Excel sheets but, with the new tool, it only takes a few hours and is said to…

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Muller targets 25% sugar reduction across its branded yogurt portfolio

UK – Muller UK & Ireland has announced that it targets 25% sugar reduction across its branded yogurt portfolio including Müller Corner and Müllerlight by June 2020. This is in line with Public Health England’s voluntary guidelines which seek a 20% lowering of total sugar by August 2020. According to Muller, this would equate with the removal of 3300 tonnes of sugar since 2015 and builds on the 13.5% reduction already achieved across Müller’s yogurt portfolio to August 2017. Sugar reduction is part of the company’s £100 million (US$129 million)…

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Ethiopia’s Lame Dairy unveils facility expansion plan to boost local supply

ETHIOPIA – Lame Dairy, subsidiary of Midroc Ethiopia Technology Group, plans to more than double its production capacity from 70,000lt of milk a day to 160,000lt and expand its facility. The processor of Shola Milk said that the expansion program is being implemented in its current processing facility in Gurd Shola Addis Ababa, reports Addis Fortune. Midroc Construction, also a subsidiary of the industrial conglomerate, has been constructing the facility in which Lame Dairy has invested upto US$4.53 million in importing new machinery. Sources familiar with the development indicate that…

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Tetra Pak partners FOSS to launch advanced standardization unit

SWITZERLAND – Tetra Pak has joined forces with FOSS A/S, a global provider of high-tech analytical solutions to launch an advanced version of the Tetra Pak® Standardization unit. The new unit ensures consistent product quality, thus enhancing profitability by removing the uncertainty of sampling techniques. The solution is said to be effective in enhancing continuous accurate measurement and control of protein and fat in dairy products, for example in cheese and milk powder production. Tetra Pak and FOSS, which offers expertise in milk analysis have developed a fully integrated standardization…

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