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…
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…
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…
KENYA– Tetra Pak Ltd, a multinational food packaging and processing company, has launched a long-life milk consumer campaign geared at educating consumers on the benefits and safety of long life milk products. This follows a research commissioned by the company last year to investigate the use of long life milk in Kenyan households. “In almost…
UK – Arla Foods Ingredients (AFI), global leader in natural whey ingredients for products in a range of categories, has been recognized with the 2018 Global Product Leadership Award for developing an innovative infant formula ingredient, Lacprodan OPN-10. According to the company, this recognition was based on the recent analysis of the global infant nutrition…
UK - Farmer-owned cooperative Arla Foods UK has launched ‘Arla UK 360’, a new standard in UK dairy farming which is said to have “an approach to benefit everyone”. According to the cooperative, it said that it had created the standard amidst the “ongoing volatility in the global milk markets” and increasing consumer misunderstanding of…
NEW ZEALAND - Fonterra Co-operative Group Limited, has revised its 2018/19 forecast Farmgate Milk Price from US$6.75 per kgMS to a range of US$6.25-US$6.50 per kgMS and increased its forecast New Zealand milk collection volumes by 1.3 per cent to 1,550 million kgMS. According to Fonterra’s Chief Executive, Miles Hurrell, the change in the forecast…
MALASYIA - Lactalis, the world’s largest dairy firm, haS agreed to buy the chilled dairy business of Nestle in Malaysia, which generates revenues of US$24 million, in a deal worth around US$40 million. According Reuters, the deal is expected to take effect next January, following the earlier acquisition by Lactalis of the Stonyfield organic yoghurt…
TANZANIA - The 18-year old private dairy processing firm, ASAS Dairies is seeking to boost milk consumption in Tanzania through efforts including healthy living promotions in the country. The company has reported a 20% increase in milk production for livestock keepers who feed their dairy cows with ingredients for the past one year. Increasing milk…
USA - Siggi’s, the Lactalis-owned maker of Icelandic-style yogurt, has appointed Carlos Altschul as its new CEO, replacing Bart Adlam who has left the company to pursue a new business opportunity. According to the company, with the rise in consumer demand for cleaner, higher-quality foods with lower sugar, it views this as the optimal time…
