Milk Powder Solutions, an infant formula manufacturer in Melbourne’s south east, will fight a $4 million lawsuit claiming it was misleading about where it sources its milk.
Biostime International, a China-based manufacturer of pediatric nutritional and baby care products, is set to acquire 100% stake in Changsha Yingke Nutrition Products, an infant formula producer for CNY350m ($57.2m).
SPX, a US-based multi-industry manufacturing firm, has received a contract worth over $50m from Synutra France International, to build a new powdered infant formula processing plant in Brittany, France.
Milk powder buyers in China are starting to cut their reliance on New Zealand's Fonterra, opening the way for U.S. and European firms to break the dairy giant's grip on an infant milk formula market set to double to $25 billion by 2017.
Sanlu, one of the Chinese dairy brands that nearly disappeared from the public eye after its tainted milk killed at least six infants in 2008, has made its way back into the market, this time in Zhejiang province.
Fonterra Chief Executive Theo Spierings today welcomed the release of the Government inquiry report into the whey protein concentrate contamination incident.
Fonterra has received approval from it board of directors to establish a NZ$235m milk powder plant at its Pahiatua site in the Manawatu, which will enable it to process an additional 2.4 million liters each day.
A year after Freshgro launched their Chantenay sliced carrot in a snack pot for leading ‘food to go’ retailer ‘Pret A Manger’, along with a children’s lunch box snack pack for Keelings, Ireland, they have added to the range of pre-cut veg on offer.
The Supervisory Board of dairy company Royal FrieslandCampina N.V. has appointed Gregory Sklikas as a member of the Executive Board with effect from 1 January 2014.
New Zealand dairy exporter Fonterra may face legal action from France's Danone over the recall of infant formula containing a potentially contaminated Fonterra ingredient, the company said on Monday.
Temasek, a sovereign wealth fund of the Government of Singapore, and private equity firm Hopu have agreed to purchase a $213m stake in Chinese infant formula maker Yashili International.
Arla Foods Ingredients has introduced a premium-quality lactose suitable for dry blends, enabling infant formula manufacturers to efficiently increase production capacities without compromising on safety or cost.
China's largest instant noodle maker Tingyi Holding Corp plans to form a joint venture with Wakodo, a unit of Japan's beer maker Asahi, to sell infant milk formula and baby products on the Chinese market.
Fonterra, a New Zealand-based dairy co-operative, plans to introduce baby milk formula in China, with a pilot project already beginning in the city of Guangzhou.
According to Asahi Shimbun reported today, the Meiji Dairies Corporation will formally issue a statement that it would withdraw from the Chinese milk market.
The Chief Executive of Nestlé has strongly denied rumours that the company have made a string of bids for Ferrero, the family run business behind Nutella.
