Symrise unveils tea and coffee flavors for dairy applications

GERMANY - The flavours and fragrances company, Symrise has developed a new collection of specialty coffee and tea flavours that find applications in dairy products including milkshakes, yogurts and ice cream. According to the company, the new range provides unique and full indulgence, authentic taste achieved through innovations around recent customer tastes and preferences. The…

Ingredion unveils ‘calorie-reducing’ allulose sweetener in America

USA – Global ingredient solutions provider, Ingredion has announced that it has entered into a partnership with Japan’s leading producer of specialty ingredients, Matsutani Chemical Industry Co. to unveil a ‘calorie-reducing’ allulose sweetener in America. Matsutani will manufacture the new product, Astraea Allulose in Mexico and market it across the Americas starting 2019. With wide…

Tanzania Dairy Board and TADB signs deal to develop value chain

TANZANIA - Tanzania Dairy Board has signed a memorandum of understanding with Tanzania Agricultural Development Bank (TADB) on development of the dairy value chain. A report by TheCitizen indicates that the agreement targets to enhance sector growth and help strengthen the capabilities in Tanzania’s dairy. “This agreement meant a lot for increasing productivity, sustainable production…

Fonterra revises milk price forecast with revenues falling 4% in Q1

NEW ZEALAND – The New Zealand dairy giant, Fonterra’s revenue decreased by 4% to US$2.60 billion (NZ$3.8 billion) in the first quarter and has revised its 2018/19 forecast Farmgate Milk Price range to US$4.12 – US$4.32 per kgMS. The revision in the forecast milk price range was attributed to the global milk supply remaining stronger…

Fonterra to unwind Australian joint venture with China’s Beingmate

AUSTRALIA – New Zealand dairy co-operative Fonterra reached a provisional agreement with Chinese infant formula group Beingmate Baby & Child Food Co Ltd to unwind their joint venture in Darnum, Australia. The unwinding details which are yet to be disclosed include the Darnum plant which produces nutritional powders including infant formula for Fonterra, Beingmate and…

FrieslandCampina acquires US cheese distributor Jana Foods

USA – Global dairy company, FrieslandCampina has announced that it has acquired US based importer and distributor of cheese, Jana Foods for an undisclosed amount. The acquisition builds the already existing relationship between FrieslandCampina and Jana Foods and further strengthens the former’s position in supplying Dutch specialty cheese to the US consumer. Jana Foods imports…

Lactalis increases stake in Italian dairy Parmalat to 95.81%

ITALY – French dairy products corporation, Lactalis has increased its stake in the Italian dairy and food counterpart to 95.81% with the transaction expected to complete December 5, 2018. The company is also planning to delist Parmalat ordinary shares from the Italian Stock Exchange and take the company private. Lactalis, which previously owned 89.63% stake…

Danone, Mars, Ingredion join Givaudan’s new food innovation platform

SWITZERLAND – Global flavors and fragrances leader, Givaudan has launched MISTA, a new innovation platform for the food industry and has received backing from Danone, Mars Inc and Ingredion as its founding members. MISTA is an accelerator and incubator programme that enables start-ups and established corporations to optimise ideas, products, people and investments in the…

Dairy co-operative Westland to build new US$15m plant in New Zealand

NEW ZEALAND - Westland Milk Products, a co-operative dairy company in New Zealand has unveiled plans to build a new US$15.1 million plant at its Hokitika site in South Island. The investment includes US$6.7 million loan from the government to build a facility that will ensure availability of quality dairy products in the West Coast…

Chinese dairy group Yili buys Thai ice cream maker Chomthana

ASIA – Yili Group, state-owned company of dairy industry in China has acquired Chomthana, Thailand's leading ice cream and frozen foods manufacturer to expand its operations in Southeast Asia. Chomthana, which has more than 37 years of experience and exports its products to 13 foreign markets, sells a range of ice cream products, ice lollies…