All news articles for May 2019

The company will be based in Singapore and active throughout the APAC region.

News in brief

CSL Centro Sperimentale Del Latte expands to Asia-Pacific

By Jim Cornall

Italian probiotic manufacturer Centro Sperimentale del Latte (CSL), a company of Sacco System, is entering the Asia Pacific region with the opening of a subsidiary, CSL Centro Sperimentale Del Latte Asia Pacific (CSL Asia Pacific).

Without an agreement, America is in danger of being left behind in its fourth biggest market. Pic: ©Getty Images/Nelson_A_Ishikawa

Why the US needs to sign a trade deal with Japan

By Richard Whitehead

While America continues to wage its trade war against China with ever-inflating tariffs, it would be well advised to look at at trade agreements with another vitally important East Asian market.

Lactips is looking to the replacement of polyvinyl alcohol films in home care and I&I applications, such as dishwasher tabs.

BASF signs contract with Lactips

By Jim Cornall

BASF and Lactips have signed an exclusive contract to market Lactips’ water-soluble, 100% bio-based and fully biodegradable material prepared from natural ingredients.

Overall, global milk supply growth will likely remain flat through 2020. Pic: Getty/Tim Allen

US milk production drops in the midwest

By Beth Newhart

In the first quarter of 2019, US dairy production and exports were down compared to Q1 2018, particularly in the midwestern states. Globally, dairy is still dominated by a few key players and facing challenges from African Swine Fever.

Fonterra's Fixed Base Milk Price is a risk management tool that lets farmers lock in a set price for up to 70% of the season’s milk before it starts. Pic: ©Getty Images/petej

Fonterra announces fixed base milk price for 2019/20

By Jim Cornall

Fonterra farmers in Australia participating in the company’s Fixed Base Milk Price will be paid a guaranteed price of A$6.80 (US$4.74) per kilogram of milk solids (kgMS) for a portion of their milk for the 2019/20 season.

Hochdorf said due to higher costs and depreciation the half-year result is expected to be significantly below that of the previous year.

News in brief

Hochdorf says first-half results will be down

By Jim Cornall

Switzerland’s Hochdorf Group has warned that its half year results are going to be worse than expected partly due to the challenges of integrating subsidiaries.

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