Latest News in the food Industry

Dairy

CP Kelco ups pectin production by 15%

CP Kelco ups pectin production by 15%

18 Sep 2019

CP Kelco has announced that it will increase pectin production capacity by about 15% at its Lille Skensved, Denmark, facility in response to continued global demand for the product.

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Arla enters Nigeria partnership

Arla enters Nigeria partnership

18 Sep 2019

In a new public-private partnership in Nigeria, farmer-owned Arla Foods says it is committing to further development of a long-term sustainable dairy industry and local dairy sector in Nigeria by helping 1,000 small scale farmers create better liveliho...

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TINE will undergo significant changes

TINE "will undergo significant changes"

10 Sep 2019

TINE, Norway's largest producer, distributor and exporter of dairy products with 10,000 members (owners) and 8,000 cooperative farms, says it will undergo significant changes over the next three years.

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DMK, Volac dissolve JV

DMK, Volac dissolve JV

9 Sep 2019

German dairy cooperative the DMK Group and the UK’s Volac have announced that they will bring their joint participation in DV Nutrition to an end, subject to receiving relevant approvals.

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Arla gets GRAS approval for Lacprodan ALPHA-10

Arla gets GRAS approval for Lacprodan ALPHA-10

5 Sep 2019

Arla Foods Ingredients has obtained Generally Recognized as Safe (GRAS) approval relating to its use of alpha-lactalbumin in infant formula.

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Arla reports results, sees rare stability

Arla reports results, sees "rare stability"

2 Sep 2019

Arla has reported that the first half of 2019 saw a rare stability in the otherwise volatile global dairy market, resulting in stable prepaid milk prices to farmer owners across Europe.

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Hochdorf in crisis

Hochdorf "in crisis"

21 Aug 2019

Swiss nutrition company Hochdorf says it is facing a serious crisis. The company performed significantly worse than expected in the most recent reporting period, which was mainly due to the negative performance of its 51% subsidiary Pharmalys, resultin...

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Nestlé continues to lead Global Dairy Top 20

Nestlé continues to lead Global Dairy Top 20

15 Aug 2019

Rabobank has issued its 2019 Global Dairy Top 20 report. In 2018, it says, lower commodity prices, adverse weather conditions in key export markets, a strong US dollar and currency shifts have affected the combined turnover of the Global Dairy Top 20 c...

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Innova sees changes in US yogurt market

Innova sees changes in US yogurt market

14 Aug 2019

Over half of all U.S. consumers now buy yogurt as part of their typical grocery basket, according to a new report from Innova Market Insights, but their habits appear to be evolving.

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Fonterra takes NZ$800+ million write-down

Fonterra takes NZ$800+ million write-down

13 Aug 2019

Fonterra has reconfirmed its underlying earnings guidance for the 2019 financial year that ended on 31 July 2019 (FY19), announced a final decision on its full-year dividend for FY19, and provided further information on some significant adverse one-off...

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Fonterra trying to downgrade Beingmate relationship

Fonterra trying to downgrade Beingmate relationship

9 Aug 2019

Fonterra has announced its intention to sell a portion of its stake in Beingmate Baby & Child Food Company, which is currently a shareholding of 18.8%.

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US dairy exports see first half fall

US dairy exports see first half fall

8 Aug 2019

USDEC has reported lost sales to China due to retaliatory tariffs and African swine fever, plus strong competition elsewhere from European and New Zealand suppliers, resulted in lower U.S. export volume in the first half of 2019.

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