Swiss food and beverage giant Nestlé has completed a €6m investment at its Pontecesures, Spain condensed milk plant in an effort to expand its product and packaging formats portfolio to meet export demands.
Saudi food company Almarai has announced that its board of directors has approved a plan to invest SAR15.7bn ($4.2bn) during the period 2013 to 2017, in order to grow its business across its dairy, bakery and poultry segments.
The Thailand government has launched Smile Milk brand of soft ice cream and milk, in order to lower the oversupply of domestic milk and help dairy farmers produce value-added products.
China-made infant formula milk powders as well as other domestically sold dairy products are manufactured to increasingly higher standards according to a leading group.
Food giant Nestlé should diversify the products and markets served by its Girvan factory in Scotland to help safeguard jobs, according to the GMB union.
Current US regulations governing the manufacture of cheese made using unpasteurised milk “appear adequate” for producing microbiologically safe products, a study has claimed.
The dairy sector looks set to remain a “high priority” for competition authorities across Europe as the industry continues to grapple with the current ‘milk crisis’.
Food and drink giant Nestle has entered into an agreement to build a 2,000-cow dairy farm in north China’s Inner Mongolia region, according to reports from China.
Arla Food’s proposed merger with UK-based dairy cooperative Milk Link could signal the demise of Dairy Crest, a food sector mergers and acquisitions expert has claimed.
Dairy Crest has reported results for the year ended March 31 much in line with City analysts’ expectations, with an adjusted profit before tax of £87.4M on revenues up 2% at £1,632M.
Sartori Company has launched Paolo Sartori Limited Edition Extra Aged Goat Cheese. According to the company, the new product features savory, caramel notes and a light citrusy flavor.
Italian dairy company Parmalat has received approval of its board of directors for the acquisition of Lactalis American Group, which produces and distributes cheese and other dairy products in the US.
Ireland’s dairy sector will create 15,0000 jobs after EU milk quota restrictions end in 2015, said independent economist Ciaran Fitzgerald yesterday at the National Dairy Council conference.
A Northern Irish dairy business has tasted success after its strawberry and balsamic cheesecake ice cream was recognised by an international awards body.
Parmalat has completed the “intragroup acquisition” of Lactalis American Group Inc. (LAG) – a move that will secure its entry into the US dairy market and strengthen its position in Latin America.
The earthquake that has struck northern Italy on 20 May 2012 will affect the production and export of Italy's famous hard cheeses - Parmigiano Reggiano and Grana Padano.
