All news articles for September 2017

The area around Pyengana in Tasmania is home to many dairy farms. Pic:© Getty Images/Andesign101

TasFoods to take over Pyengana Dairy

By Jim Cornall

Australia’s TasFoods Group has announced the acquisition of the assets of Pyengana Dairy Company for a cash deal of A$1.55m (US$1.21m).

Westland's CEO said the result is a 'break even.' Pic: Westland

Westland Milk Products breaks even for 2016-17

By Jim Cornall

New Zealand’s second biggest dairy cooperative, Westland Milk Products, has recovered from a loss in the 12 months ended July 31, 2016, to post a break-even profit before tax for the 2016-17 financial year.

Ollivier Chevreteau, sales director, EMEA, Serac at drinktec.

Serac to open an office in Dubai

By Jenny Eagle

Serac has seen growing success with Combox, its packaging production and filling technology in a single block unit, within dairy for cartons, pouches, cups and bottles.

Synlait is looking to develop more products through its own R&D center.

Synlait to set up R&D center

By Jim Cornall

New Zealand’s Synlait has announced it is to set up a research and development center in Palmerston North to ‘build expertise and capability in food technology.’

Lycored said there are options for creating natural colors that don't affect stability. Pic:©Getty images/LS9907

Lycored tests show natural colors are stable

By Jim Cornall

Global food ingredients company Lycored carries out research into the stability of its naturally-sourced color solutions, and has recently undertaken trials on fruit preparation performance for yogurts.

Fonterra's Te Rapa plant was one of those benefiting from investments.

Fonterra 2017 revenue up but profits fall 15%

By Jim Cornall

Fonterra has announced its 2017 annual results, which show revenue up to NZ$19.2bn (US$14bn), but net profit after tax dropped by NZ$745m (US$542m), an 11% reduction.

Five European cheeses that have received protection under the CETA agreement are generic cheeses, the US dairy industry argues. Pic:© Getty Images/JackF

IDFA unhappy over trade agreement terms

By Jim Cornall

The European Union-Canada Comprehensive Economic and Trade Agreement (CETA) has been provisionally implemented, however, the US dairy industry isn’t impressed with some European cheese names being protected.

Murray Goulburn struggling to find suitor for buyout

Australia

Murray Goulburn struggling to find suitor for buyout

By RJ Whitehead

Troubled Australian dairy co-operative Murray Goulburn has called for an end to media speculation over a potential buyout—even calling into question the likelihood of a takeover itself. 

The dairy industry in Latin America is in a better position than at the same time the previous year. Pic:©iStock/LorenzoT81

Guest article

South America’s road to recovery

By Monica Ganley, Quarterra

South America boasts a dynamic dairy sector replete with opportunities for growth and development.  While 2016 was an incredibly challenging year for many stakeholders across the dairy chain, so far, 2017 has proven to be a year of recovery and improvement.

The Latin American dairy market is growing fast. PIc:©Getty Images/Tomasz Wyszolmirksi/PeterHermesFurian

Guest article

Milking the Latin American dairy market

By Sean Riley, Senior Director, Media and Industry Communications at PMMI

At $60bn, the Latin American market accounts for less than 15% of global dairy sales.[1] However, that is likely to change soon.

A dairy farmer at the first monofermentation system at a dairy farm in Hinnaard, the Netherlands.

Funding for FrieslandCampina’s Cooperative Jumpstart project

By Jim Cornall

Henk Kamp, the Netherlands Minister of Economic Affairs, has given €130m ($155m) SDE+ (Stimulation of Sustainable Energy Production) subsidy to Cooperative Jumpstart for the installation of 103 manure monofermentation systems at dairy farms.

Butter prices rose again as the GDT Marketplace continues to expand. Pic:©iStock/Roel Smart

GDT Marketplace continues to grow

By Jim Cornall

Global Dairy Trade says its GDT Marketplace has grown strongly over the past quarter, with a 40% increase in buyers and doubling of sellers since our June update.

Job losses have been announced at two of First Milk's facilities. The Haverfordwest Creamery in Wales produces Pembrokeshire cheddar and cheeses such as Red Leicester and Double Gloucester for the own label retail sector. The Lake District Creamery site produces whey protein products as part of a JV with Fonterra.

First Milk announces job losses

By Jim Cornall

UK dairy company First Milk announced today that after a review, changes are being made to improve the productivity and efficiency of its Lake District and Haverfordwest creameries with the loss of around 30 jobs.

© iStock/Smartinn69

EDA: "It seems the EU does not need Brexit to end the single market"

Spain to introduce origin labelling for milk products

By Niamh Michail

As Spain becomes the latest country to bring in mandatory country of origin labelling for milk and milk-based products, the European Dairy Association (EDA) has blasted the European Commission's "laissez-faire" approach.

The Indian dairy industry is receiving government funding for new equipment and infrastructure. Pic:©iStock/RakeshPicholiya

Indian government to pump $1.7bn into dairy industry

By Jim Cornall

India’s Cabinet Committee on Economic Affairs, chaired by Prime Minister Shri Narendra Modi, has approved a Dairy Processing & Infrastructure Development Fund (DIDF) with an outlay of Rs 108.8bn ($1.7bn) during the period 2017-18 to 2028-29.

A Finnish vegan cheese is proving successful to the point more products are being planned.

Vegan cheese Vege launches in Finland

By Jim Cornall

ICL Food Specialties and Finnish dairy producer Porlammin Osuusmeijeri have unveiled a cheese substitute, ‘Vege’, which ICL Food Specialties said is designed for flexitarians.

Lactips is receiving funding and support for its milk protein projects.

Lactips expanding after funding

By Jim Cornall

French company Lactips has announced its project, ECOLACTIFILM, has won a tender from the European Union’s H2020 SME phase 2 program, which brings with it both support and €1.5m ($1.8m) in funding.

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