Breaking News on Dairy Processing & Markets |
| « Previous month | Next month » |
Workers at the UK Parmalat site in Kendal fear that the Italian company's financial misfortune could affect their pension plans in the future. According to local report, union members are demanding answers from the management.
Stronger sales in North America and developments in the dairy industry helped beat the impact of dollar-euro currency conversions in the first three months of the year. Weak growth in Europe, South America and Asia saw overall earnings slip for the Danish enzymes group Chr. Hansen.
Polish milk processing company Mlekovita witnessed strong growth in 2003. This has secured the company third place in terms of market position in the country. It is now Poland's third largest milk producer and the growth has put it in a strong position to compete with multinational dairy companies such as Danone, the current market leader.
The Bulgarian Ministry of Agriculture has revealed that dairy exports to the EU tripled in 2003 and that in the light of further demand from the EU overall dairy production is set to increase by 50 per cent for 2004.
Leading Czech dairy producer Madeta, has announced that it will invest CK150 million (€4.6 million) to expand production and modernise its existing plant in Cesky Krumlov, southern Bohemia.
The Russian dairy market has seen phenomenal growth in recent years, driven largely by the development of Wimm-Bill-Dann and other western dairy companies. France-based dairy equpment supplier Erca-Formseal shares its experiences dealing with the sector there, resting future hopes on the strength of the economy.
Italian food group Parmalat said on Monday that it had a net debt of €14.3 billion ($17.6 billion) in September 2003, almost eight times the figure given by former managers of the troubled group.
Arla Foods has released a new cheaper milk range that will be sold in Denmark. The launch of the new product is to counteract Aldi's recent price cuts in dairy products.
Millions of dollars in investment poured into a new technology may pay off for US food manufacturer Dreyer's Grand Ice Cream Holdings. Targeting the low-fat market, the company said that it has developed a revolutionary "slow churned" method of making ice cream.
Robert Wiseman has purchased a route software package that will help the company to become more efficient in the collection and delivery of milk.
Arla Foods is the largest company in the Danish milk sector. It has a 93 per cent share of the market. But The Danish Business Minister, Bendt Bendten, believes that Arla Foods should dismantle the monopoly that it holds on the Danish milk market.
UK retailer Asda is planning to consolidate its milk supply chain in a move that could spell an end to some of the contract of its major suppliers.
Unilever has appealed against last October's European Court's decision that ordered the company to allow competitors to display their ice cream in its freezers cabinets.
After conducting an internal review, Tetra Pak has categorically stated that all payments made to disgraced Italian dairy giant Parmalat were made directly to local Parmalat companies.
The Polish government has announced that a significant number of the country's dairy and meat businesses are still struggling to comply with EU regulations which have to be met by 1 May this year. As a consequence, a series of closures and consolidations are sure to redefine both sectors.
A one-day conference is to take place next month to address the challenges facing the Welsh dairy industry.
Danone has announced plans to increase the production capacity of two of its Russia-based dairies. The move has been influenced by the company's increased Russian profits caused by the growth of the Russian sector which is expanding at an estimated 30 per cent per year.
Dairy giant Nestlé, has been taken to court in China for mislabelling a milkshake drink. A mother in China discovered that Nesquik powder that she bought for her three-year-old son contained GM ingredients only after looking on the company's website.
Major Swiss food maker Nestlé is to add a novel fat replacer to its products, revealed the US-based Fiber Gel Technologies, manufacturer of the ingredient, last week.
In an attempt to protect local producers from the competitive prices of cheese from Europe, Russia is considering increasing the import duty on cheese.
The chances of growth returning to the French dairy market in the medium term are extremely slim, according to a recent report from French market analysts Xerfi.
A new report entitled Consumption trends for dairy and livestock products and the use of feeds in production in the CEE Accession and Candidate Countries suggests that food manufacturers operating in the 10 EU accession countries should think about pushing high value dairy products.
As 10 countries prepare themselves for accession to the European Union in April, a new report reveals food manufacturers entering, and already present in, these countries might want to start pushing high value dairy products.
Lakeland Dairies, Ireland's fourth largest dairy processor, has won a contract to supply cream for the production of Baileys.
Adolescents who consume soft drinks are being deprived of nutrients that are essential for growth and development. A new study has revealed that milk drinks, even those with added sugars' are healthier for growing children.
The dairy group Emmi has launched a new lactose-free milk drink. The move illustrates the growing concern over lactose-intolerance and the consequences it holds for the dairy industry.
There is a defining issue for dairy giant Parmalat that has virtually nothing to do with fraud. If it lives to trade another day, it will be because it hung on to its suppliers.
Danone, the French dairy product, bottled water and biscuits group, may have said that it is not interested in acquiring any assets of bankrupt Italian group Parmalat, but this does not mean that it is not on the acquisition trail.
Irish dairy group Glanbia has begun construction of a new cheese and whey manufacturing facility expected to generate sales of around $350 million per annum when completed next year.
Scottish company IceRobotics is a step closer to bringing its robotic milking technology to market following a second round of investment from the National Endowment for Science, Technology & the Arts (NESTA). The company is developing a sophisticated vision-based sensor that passes 3D co-ordinates of a cow's teats to an attached robotic milking arm.
Tetra Pak has launched an internal enquiry following claims by a former Parmalat executive that the world's largest packaging group made payments directly to the accounts of Parmalat's owners, the Tanzi family.
The emergency decree passed late last month by the Italian government in a bid to save dairy giant Parmalat from collapse looks set to win support from the European Commission on the back of guarantees that there will be no state bail-out for the company.
Uncertainties over milk purchasing levels and payments caused by the financial crisis at dairy giant Parmalat is forcing southern European farmers into a race to secure guaranteed sales that may quickly put pressure on milk prices.
As the scandal surrounding Italy's food and giant Parmalat deepens, Berlusconi's government rustles up emergency measures to tackle 'Europe's Enron', with a strategy to save jobs and pay the suppliers.
The Advertising Standards Authority (ASA) has received complaints from members of the public and from the dairy giant Muller about a Danone yoghurt advert published in a UK magazine. The ASA decided that the advert used health claims that could mislead consumers.
The food industry has underestimated the scale of the problem with Enterobacter sakazakii contamination. According to research carried out in this week's issue of The Lancet,( 30 December 03, pp 5,39)
The University of Maryland is embarking on a tour of the Netherlands and Denmark to discuss some of the problems that may face the users of milking machines that are designed to boost milk production while improving animal welfare.
Farmers in the UK have again been urged to cut the level of milk production by the milk year-end in March or face a 'super-levy' from the European Union.
The US government could save more than $200 billion in healthcare costs in the next five years if it could persuade American adults to eat three or four servings of dairy foods each day, estimate the authors of a new report.
Arla Foods and Delta Dairies have ended their joint venture in the production of feta cheese in Greece. The termination came into effect 1 January 2004.
The decline in the number of Scandinavian dairy producers has echoed a trend that appears to be taking shape in Ireland. Figures released on both regions suggests that there may be a shortage in European dairy farmers in future years, if the trend is to continue.
| « Previous month | Next month » |