EU bank loans Egyptian dairy US$7m to fund new greenfield dairy farm

EGYPT– The European Bank for Reconstruction and Development (EBRD) has announced that it is providing a US$7 million loan to support the expansion plan of Obour Land, the leading Egyptian white cheese, UHT packaged milk and juice producer. The loan, targeted at fostering the Egyptian dairy sector, aims to increase dairy production, boost exports and improve the…

Tetra Pak partners Veolia to get all beverage carton components recycled by 2025

SWITZERLAND – Global food packaging company, Tetra Pak has partnered with global resource management company Veolia to enable all components of used beverage cartons collected within the European Union to be recycled by 2025. According to Tetra Pak, the average beverage carton comprises around 75% paperboard, 20% plastic and 5% aluminium foil, and the fibres…

FSSAI outlines new regulations that prohibits use of ‘natural’ on some food labels

INDIA – The Food Safety Standards Authority of India (FSSAI) has laid down new regulations that requires food companies to use the word ‘natural’ only if the food labelled is natural. According to ET Retail report, manufacturers cannot claim a food to be natural if rather than washing, peeling, trimming and chilling, is subjected to…

Fonterra to reduce emissions by 25% at Brightwater site on boiler conversion

NEW ZEALAND– New Zealand’s largest dairy processors Fonterra aims to reduce its carbon footprint at its Brightwater milk processing plant after the site converted its boiler to co-fire with wood. The conversion of the boiler will slash the amount of coal used at the site and will cut carbon emissions at the site by around…

Ingredion launches its first Idea Lab innovation centre in Kenya

KENYA – The global ingredients solution provider, Ingredion Incorporated has launched a new state-of-the-art Idea Lab innovation centre in Nairobi, Kenya, the company’s first in the region. According to Ingredion, the centre seeks to deliver the much needed technical support and culinary know-how to customers across Eastern Africa. It is set to benefit food and…

French agricultural cooperative Agrial to acquire German dairy group Rotkappchen

GERMANY – The French agricultural cooperative and food-processor Agrial has agreed to acquire German dairy company Rotkappchen Peter Julich Group for an undisclosed sum. According to Agrial, the acquisition represents further fulfilment of the strategy of Eurial, the Dairy division of Agrial, focused on developing strong brands and important territorial entrenchment in Europe. The transaction…

Ferrero India slips into losses as profit in the year 2018 decline 17%

INDIA -  Kinder Joy chocolate maker Ferrero India has posted a 17% decline in profit with a net loss of US$12.26 million during the year ended March 2018. According to Economic Times report, this is the worst performance reported by the Italian manufacturer of branded chocolate and confectionery since it entered the Indian market a…

Temperature monitoring could reduce milk wastage in the UK, save US$190m – report

UK- A new report from the UK’s leading sustainability experts WRAP shows for the first time the scale of milk waste across the food chain and highlights ways to significantly reduce the 330,000 tonnes of milk lost each year, equating to 7% of total UK production andworth more than £150 million (US$192 million). According to…

Müller reduces sugar in Muller Corner brand by 9% with new yoghurt culture

UK– Dairy company Muller is set to reduce sugar by up to 9% and gain a creamier texture in its Müller Corner brands, thanks to its discovery of a new yogurt culture. This follows a rigorous research and development process, which involved access to more than 13,000 strains, Müller says it discovered that the combination…

Nestlé partners technology provider to increase nutritional awareness in East Africa

EAST AFRICA– Food and beverage company Nestlé has partnered Tembo Educationto deliver customised, nutrition-based curriculums to families across Kenya, through SMS and WhatsApp messages. The aim of the initiative is to help families provide their children with the best possible nutritional start in life by delivering information, tools and tips that could tackle malnutrition and…