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FrieslandCampina half-year profits drop 42.6% battered by Thai court ruling and an underperforming infant nutrition business

Jul 23, 2021Jul 23, 2021 Editor

NETHERLANDS – Dutch dairy cooperative Royal FrieslandCampina N.V. has reported 42.6% drop in half-year profits, attributing the huge decline to a €57m ($67.2m) provision for a court ruling in Thailand and an underperforming infant nutrition market. Provision for the court ruling was arguably the biggest driver of the profit drop as the company’s underlying operating profit, excluding provision for the court ruling in Thailand and currency translation effects, decreased by 8.6% to €202m ($238.3m). While the company’s profits recorded a double-digit drop, the company’s revenue only dropped 1.8% to reach €5.5bn ($6.49bn). Probing results in detail revealed a…

FrieslandCampina launches hydrogen-powered milk truck in journey towards CO2-neutral future

Jul 13, 2021Jul 13, 2021 Editor

NETHERLANDS – Dutch multinational dairy cooperative FrieslandCampina is putting its first 50 tonnes hydrogen-powered milk truck into use as part of efforts to improve the sustainability profile of milk transport. According to a statement from the company, the trucks will be used in the Netherland’s Groningen region where infrastructure supports their use as the company explores possibilities of introducing them to other parts of the country. This is not the first time FrieslandCampina is revolutionizing milk transport in pursuit of an emission-free supply chain. Over five years ago, the Dutch dairy company started using…

FrieslandCampina sells Russian dairy business to German dairy giant Ehrmann

May 26, 2021May 27, 2021 Editor

RUSSIA – Leading Dutch dairy specialist FrieslandCampina has sold its Russian subsidiary Campina LLC to German dairy giant Ehrmann SE as part of its previously announced strategy to review its position in various markets. The strategic transaction is expected to allow FrieslandCampina to focus on consumer markets elsewhere while at the same time accelerating Ehrmann’s position in Russia. After completion of the transaction, Ehrmann will be the full owner of Campina and will manage the dairy production in Stupino, located in the Moscow region. Ehrmann is expected to further develop…

Friesland Campina Ingredients launches new product to aid in production of softer protein bars

Apr 1, 2021Apr 1, 2021 Editor

NETHERLANDS– FrieslandCampina Ingredients (FCI), a subsidiary of Dutch multinational dairy cooperative Royal FrieslandCampina N.V. has unveiled a new portfolio designed to processors make softer protein bars. According to FCI, the protein bar market in Europe is anticipated to grow at a CAGR of 17 percent as from 2015 to 2024 buoyed by rising popularity of the products among consumers. The company however notes that palatability continues to be a major issue for many formulators. This company notes is going to have an impact on the bottomline of companies that don’t…

FrieslandCampina enters fast growing Africa cheese market, forms JV with Egyptian Domty

Mar 23, 2021Mar 25, 2021 Editor

EGYPT – The Dutch dairy co-operative, FrieslandCampina has partnered with the Arabian Food Industries Company, popularly known as Domty to establish a joint venture that will focus on the export of cheese. Both cheese majors are combining their efforts in a new company that will export and sell affordable cheese propositions to markets in Africa and the Middle East from Egypt. Talks of the agreement began in 2020, with the two parties signing a Memorandum of Understanding (MoU) in September 2020. Under the agreement, FrieslandCampina will hold a 51 per…

FrieslandCampina to start using 100% rPET bottles to meet ambitious sustainability goals

Jan 12, 2021Jan 12, 2021 Editor

NETHERLANDS – FrieslandCampina has announced that it will be making PET bottles from 100% recycled material from February this year in line with its ambitious goal of becoming climate-neutral by 2050. The dairy cooperative claims that a wholesale move to recycled PET (rPET) for the bottles will prevent the production of nearly 1.9 million kilos of new plastic. As PET bottles can only be recycled if the consumer has removed the label, FrieslandCampina has also developed a new ‘zipper’ that makes it easier to separate labels from the bottle. Patrick…

Campina brand to be produced entirely using green energy supplied by FrieslandCampina’s dairy farmers

Dec 23, 2020Dec 23, 2020 Editor

NETHERLANDS – The Dutch dairy co-operative, FrieslandCampina has announced that all its Campina brand products will be produced using green energy generated by its farmers as of 1 January 2021. The farmers generate sustainable energy by means of solar panels, windmills or manure mono-fermentation. The move according to the company is a fine step in making the entire chain from glass to grass more sustainable and is in line with its goal of becoming climate-neutral by 2050. By the end of 2019, 94% of its worldwide electricity usage was ‘green’.…

Dutch food company Royal A-ware acquires milk powder towers from FrieslandCampina

Dec 16, 2020Dec 16, 2020 Editor

BELGIUM –Dutch dairy company Royal A-ware has agreed to buy FrieslandCampina’s milk powder towers in Aalter, Belgium in an effort to expand its dairy portifolio. With roots stretching back to 1890, Royal A-ware is a traditional family-owned food company that offers a range of products in the cream, cheese and fresh dairy categories. As a result of the acquisition, Royal A-ware intends to take over the milk powder production of the Aalter plant – which reportedly has a capacity of approximately 45,000 tons – from FrieslandCampina. In a statement, Royal…

Multinational dairy cooperative FrieslandCampina to cease powder production at two Dutch plants

Dec 8, 2020Dec 8, 2020 Editor

DENMARK – Dutch multinational dairy cooperative FrieslandCampina has announced plans to discontinue the powder production at its Dutch plants in Dronrijp and Gerkesklooster by the April 2022. The plan to end powder production at the two facilities is the latest move under the dairy cooperative’s transformation strategy. According to a statement from FrieslandCampina, the Dronrijp plant – which currently produces several powder products for use in infant nutrition, medical nutrition and sports nutrition – will be closed as of 1 April 2022. The dairy company noted that that production at…

FrieslandCampina launches new smart packaging innovation for its infant formula milk brand

Oct 13, 2020Oct 13, 2020 Editor

SINGAPORE – FrieslandCampina, a dairy cooperative, has launched a new packaging innovation in Singapore, FRISO TrackEasy, an industry-first smart packaging innovation that enables mothers to track the source of its infant formula milk brand, Friso. Friso TrackEasy provides users with batch-specific information around Friso’s dairy farming, milk collection, production process, quality auditing and export. FRISO TrackEasy builds on FrieslandCampina’s 140-year Dutch dairy expertise and its end-to-end control of its entire product journey to provide mums with batch-specific information around FRISO’s dairy farming, milk collection, production process, quality auditing and export.…