All news articles for February 2017

February sees an interesting range of new products on the shelves, from cheese to yogurt to frozen desserts. Pic: ©iStock/klenger/vikif

Dairy product launches for February

By Mary Ellen Shoup and Jim Cornall

There is an array of unusual flavors hitting the dairy shelves in February, from raspberry fig yogurt to chocolate orange blossom chewy ice cream.

Pic: ©iStock/Dasha-Efremova

Vox Pop: Should the term 'milk' be regulated?

By Mary Ellen Shoup

DairyReporter set out to see what consumers thought about regulation of the term “milk” and found out that while the market for plant-based beverages is certainly growing, cow’s milk still factors into most people’s diets.

Bellamy's says a turnaround to sustainable growth will take 18 months.

Changes at Bellamy’s after meeting

By Jim Cornall

An extraordinary general meeting held February 28 at Bellamy’s Australia Limited to consider resolutions to remove four of the company’s directors resulted in major changes at the company.

Kerry Group issued its 2016 financial results this week, and said it expects good revenue growth in 2017.

Kerry Group sees revenue growth

By Jim Cornall

Kerry Group has released its financial results for 2016, and announced group revenue increased slightly by 0.4% to €6.1bn ($6.43bn).

The Southeast Asia market is a growing one for Arla. Pic: ©Arla Foods.

Arla profits grow despite revenue decline

By Jim Cornall

Danish dairy co-operative Arla Foods has released its 2016 financial results, which show a decline in revenue as a result of the global price environment, but due to moving more milk from bulk to brands, net profit grew 20.7% to €356m ($374m).

© iStock / Saklakova

Kerry Group selects new CEO

By Emma Jane Cash

The board of the Irish food and ingredient manufacturer has chosen Edmond Scanlon, the current chief executive of the group’s Asia-Pacific operations, to become the new CEO.

Norway's crime unit opens investigation into TINE and Tetra Pak. Picture: Tetra Pak.

TINE and Tetra Pak investigated by Norwegian crime unit

By Jenny Eagle

Dairy cooperative TINE SA has contacted the Norwegian authorities after a report in a local newspaper Dagens Næringsliv (DN) claimed to have exposed an improper supplier relationship between TINE and Tetra Pak.

© iStock/Ben185

Water emulsions can achieve up to 20% fat reduction

By Niamh Michail

By swapping fat particles for water or air, manufacturers have achieved up to 20% fat reductions in chocolate and cheese - but the technology can be applied to almost any water-in-fat suspensions, according to emulsion experts Micropore.

The Dairy Pride Act, says supporters, simply requires the FDA to enforce standards of identity already enshrined in law

Standards of identity are designed to protect consumers, not stifle competition, says GFI

Dairy Pride Act is 'anti-competitive' and 'unconstitutional,' says Good Food Institute

By Elaine Watson

More than 46,000 people have signed a Good Food Institute petition urging Senator Tammy Baldwin and Congressman Peter Welch not to pursue the passage of the Dairy Pride Act, which the GFI argues, is both “anti-competitive” and “unconstitutional.” 

Vitasoy and URC are creating a JV in the Philippines to create dairy-alternative beverages for the market. Pic: ©iStock/IgorDutina

Vitasoy and URC form plant-based beverage JV

By Jim Cornall

Hong Kong’s Vitasoy Group (Vitasoy) and Universal Robina Corporation (URC) in the Philippines have established a joint venture to explore the potential of plant-based sustainable beverages in the Philippines.

The deal to sell Danone Chile to Watt's has been approved by Chile's FNE.

No issues for Danone Chile takeover

By Jim Cornall

Chile’s Fiscalia Nacional Economica (FNE), the country’s competition authority, has said that a takeover of Danone Chile by Watt’s can go ahead.

© iStock/ Andrey Popov

DSM sees profits soar as innovation drives success

By Emma Jane Cash

One of the world’s biggest makers of nutritional ingredients, Royal DSM, saw pre-tax profits increase by 17% last year, with a strong performance from its nutrition division.

AGRANA Fruit has purchased Argentinian company Main Process, which prepares fruit for yogurt and ice cream.

AGRANA Fruit acquires Argentinian company Main Process

By Jim Cornall

Austrian fruit processing company AGRANA Fruit, part of the AGRANA Group, has consolidated its presence in the South American market through the acquisition of 100% of the shares in Main Process S.A., a producer of fruit preparations.

Dairy and ice cream producers Food Union Group will have two operational plants in China in 2018. Pic: ©iStock/CharlieAJA

Food Union Group receives $225m investment

By Jim Cornall

Latvia-based Food Union Group, an international group of dairy and ice cream producing companies in Northern Europe, has received a combined $225m investment from Asian private equity firm PAG, and Meridian Capital, an existing investor.