Fonterra has announced concrete plans to step up milk production in China after the New Zealand dairy giant signed an investment agreement to develop two more large farms in Hebei province.
Nestlé's $11.85bn (€9bn) acquisition of Pfizer Nutrition has been given the go-ahead by anti-trust authorities in China – taking the “strategic” takeover a step closer to completion.
Fonterra has signed an investment agreement with Chinese authorities to develop two more large-scale dairy farms – the latest step in the firm’s strategy to build a sustainable fresh local milk supply in the country.
Reuters has reported that Asia buyout firm Olympus Capital is leading an investor group that has injected US$50m to expand China's Huaxia Dairy Farm, which produces the raw milk that is in short supply in China's growing dairy sector.
A2 Corporation (A2C) – the manufacturer of a2 brand milk products – looks set to enter the Chinese market after agreeing a distribution deal with an in-market state-owned firm.
India will become the largest exporter of beef in the world in 2012, the United States Department of Agriculture (USDA) has concluded in its latest report Livestock and Poultry-World Market and Trade 2012.
Fonterra has announced plans to close its Cororooke, Australia manufacturing plant following a review of its manufacturing operations in the country’s Victoria region.
The experimental business unit that is dedicated to rolling out new Danone products for the masses in India has been deemed a success and will be expanded to other cities across the country.
Food Standards Australia New Zealand (FSANZ) has approved an application from dairy giant Fonterra to use hydrogen peroxide as a processing aid to control lactic acid-producing micro-organisms during the manufacture of certain dairy products.
Fonterra has reported a drop in net profit for the 2012 season and cut its final payout to farmers - citing the negative effect of record breaking milk production on global dairy prices.
In what is yet another clear sign of the growing interest of investors in India’s homegrown food processing industry, Parag Milk Foods has signed a new private equity deal to secure a huge funding boost.
Few individuals have had as much impact on a produce industry as Dr Verghese Kurien, who passed away in Gujarat last weekend. In a career spanning almost 60 years, Kurien transformed the way India's dairy industry operates and led Amul to become...
Dairy exporter Fonterra has been cleared to acquire the processing assets of New Zealand Dairies Limited’s (NZDL) by the New Zealand Commerce Commission.
Beneo has received approval from Indian regulatory authorities for the use of its prebiotic fibre, oligofructose, in infant milk powder products in the country.
The Fonterra-dominated New Zealand dairy industry will experience a growth slowdown over the next decade as growth-driving factors evolve, agribusiness Rabobank has forecast.
Fonterra has announced a revised payout forecast range for the 2012/13 season, including a lower farm gate milk price (FGMP) of $5.25 per kilogram of milk solids – down from $5.50.
Chinese consumers are turning to imported dairy products as their confidence in the safety of domestically-manufactured food brands continues to decline, a survey has found.
A Mengniu Dairy Co. sales manager has been arrested in China under suspicion of altering the production dates on thousands of cases of milk products manufactured by the Chinese dairy giant.
Chinese consumers are turning to imported food products as the local food manufacturing industry struggles with safety and quality issues, a report has found.
Chinese dairy processor Hunan Ava Dairy Co is recalling five batches of infant formula after a local government study found high levels of cancer-causing aflatoxins.
The Chinese year of the dragon is shaping up as a boon for the New Zealand dairy industry in China, the head of a growing NZ-based infant formula company has said.
An explosion in Chinese demand for dairy products in the middle of the last decade led to milk supply shortages that drove suppliers to practices such as diluting milk and add melamine to boost protein readings.
Chinese milk products still cannot make the hop over the Himalayas to the booming Indian market with the company’s authorities calling for an extension on a ban on them.
Western food safety standards represent a definite advantage to foreign firms attempting to enter the growing Chinese dairy market, an industry analyst has told DairyReporter.com.
Flavours and ingredients firm Synergy has launched a milk flavours line in response to the surging fat reduction demands across Asia’s ready-to-drink (RTD) category.
Fonterra has signed a conditional agreement to acquire the milk processing assets of South Canterbury-based New Zealand Dairies (NZDL), and said the dairy site would boost its export capacity, where it is processing around 150m litres of milk per year...
The Indian state of Gujarat faired miserably in a study backed by India's food regulator that looked into the quality and nutrition standards of milk across the country.
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.
The Swiss food and beverage firm, Nestlé, has inked a deal with a local government in China’s Inner Mongolia region to build and develop a new dairy farm, according to local media reports.
Kiwi dairy giant, Fonterra, has opened a new innovation centre in Shanghai as part of its strategy to tap into China's mushrooming premium dairy nutrition market.
New Zealand’s food and beverage industry must shift to producing end products in a bid to drive its export market, but this transition will require hefty foreign capital, a Ministry report said.
Food Standards Australia and New Zealand (FSANZ) has approved a proposal recommending the sale of raw milk curd cheeses that is now awaiting review from food regulation ministers.
Dairy-derived ingredients are in strong demand across Australia and New Zealand, with cheese powder and whey proteins forecast a CAGR of 3% between 2010 and 2015, according to Euromonitor.
Abbott Laboratories has scoffed at allegations that its infant formula product fails to meet Chinese national health standards, damning the findings as ‘misleading’ and reaffirming its product safety.
Royal Friesland Campina is poised to complete the takeover of Filipino firm Alaska Milk Corporation (AMC) for total sum of around €350m, in a move it said gave it access to 100m consumers in a ‘high growth’ market and the opportunity to 'valorise...
Indians are slowly weaning themselves away from milk, which has long been the favoured drink of both urban and rural customers, a new survey has revealed.
China-based Shanghai Pengxin Group has been granted an extension until February 7 to finalise the purchase of New Zealand Crafar Dairy farms, KordaMentha, the farms’ receivers announced today.
