All news articles for August 2020

Yili's revenue from e-commerce increased by 49% year on year. Pic: Yili

E-commerce helps Yili ramp up Q2 revenue

By Jim Cornall

Inner Mongolia Yili Industrial Group Co., Ltd., one of the Chinese dairy giants, generated a revenue of 26.88bn yuan ($3.92bn) in the second quarter of this year, up 22.49% year on year.

The company recently launched more than 100 new products in markets across Europe.

Food Union Group talks ice cream trends

By Jim Cornall

Latvia-based Food Union Group is a global dairy production and distribution group that recently launched more than 100 new ice cream products across Europe.

DFA is the first US dairy cooperative to set a science-based target to reduce GHG emissions. Pic: Getty Images/Matt Anderson

DFA sets greenhouse gas reduction target

By Jim Cornall

Dairy Farmers of America (DFA), a national dairy cooperative owned by family farmers, has announced it is setting a science-based target and committing to reduce direct and value chain greenhouse gas (GHG) emissions by 30% by 2030, from a base year of...

Emmi delivers growth during crisis

Emmi delivers growth during crisis

By Jim Cornall

Swiss dairy company Emmi increased sales by 6.6% to CHF1,773.5m ($1.95bn) in the first six months of the financial year, a period dominated by the coronavirus crisis.

Dairy Dialog podcast 97: USDEC, Boss Dog and Innodelice

Dairy Dialog podcast 97: USDEC, Boss Dog and Innodelice

By Jim Cornall

On this week’s podcast - alongside our weekly look at the global dairy markets with Charlie Hyland from StoneX - we chatted with Annie Bienvenue, vice president, technical services, and Kristi Saitama, vice president, ingredient marketing from USDEC;...

Mazoon Dairy and SIG Combibloc Obeikan have announced the launch of a full range of liquid dairy products. Pic: Mazoon Dairy

Oman company Mazoon Dairy launching new products

By Jim Cornall

Mazoon Dairy, the largest integrated dairy company in the Sultanate of Oman, and SIG Combibloc Obeikan, provider of aseptic packaging and filling machines for food and beverages, have announced the launch of a full range of liquid dairy products.

The proposed plant would create 80,000 tons of yogurt annually. Pic: Getty Images/Andrey Elkin

Concern over proposed Luxembourg yogurt plant

By Jim Cornall

The construction of a yogurt factory planned by the Greek dairy group FAGE in Bettembourg, Luxembourg, has drawn criticism from environmental group natur & ëmwelt asbl, as the project enters the next phase.

Chinese dairy company Mengniu purchased Australian company Bellamy's last year, but could not complete a deal for Lion Dairy & Drinks.

Mengniu pulls plug on Lion deal

By Jim Cornall

In November 2019, China Mengniu Dairy Company Limited announced the planned acquisition of Lion-Dairy & Drinks (LDD) Pty Ltd in Australia.

Infant formula manufacturers can anticipate market entry of Conagen’s 2’FL in the next few months.  Pic: Getty Images/kitthanes

Conagen HMOs for next generation infant formulas

By Jim Cornall

US biotechnology company Conagen has established a novel and proprietary process for the scalable production of a non-GMO human milk oligosaccharide (HMO), an important nutritional compound only found in human milk.

The yogurt manufacturer's operating profit was 14.3% up from the previous first half-year period in 2019. Pic: Getty images/Andrey Elkin

Fage sees profits rise

By Jim Cornall

Luxembourg-headquartered yogurt maker Fage International S.A. has announced its financial results for the six and three months ended June 30, 2020.

The EDA is hoping tariffs on European cheese can be lifted.

EDA part of coalition urging EU and US to end aircraft trade disputes

By Jim Cornall

Following last week’s USTR announcement and in view of the forthcoming WTO report on the Boeing case, 14 EU associations, including the European Dairy Association (EDA), have called on the EU and US to de-escalate the ongoing aircraft disputes and remove...

Keytone has launched its new Immunity Booster product, as its plant-based range secures distribution nationwide in Australia.

Keytone launches Immunity Booster Powder

By Jim Cornall

Keytone Dairy Corporation Limited has secured national ranging at Coles Supermarkets in Australia for its new Tonik plant range, and has launched an Immunity Booster Powder product under its proprietary brand, KeyDairy.

Olam International has operations around the globe, and is responsible for training programs in many countries. Pic: Olam International

Olam International gets $200m EBRD loan

By Jim Cornall

The European Bank for Reconstruction and Development (EBRD) is strengthening the agribusiness value chain and trade in five economies across the eastern Mediterranean, eastern Europe and the Black Sea region, with a $200m loan to Olam International Limited,...

The location of the new plant will be revealed in 2021. Pic: Darigold

Darigold to build new ingredients plant

By Jim Cornall

US company Darigold, Inc. has announced organizational changes designed to accelerate the long-term transformational strategy of the Northwest farmer-owned cooperative’s global ingredients business.

Hochdorf said at the beginning of the coronavirus pandemic, panic buying resulted in an increase in sales and revenue for Bimbosan AG.

Hochdorf restructuring leading to better results

By Jim Cornall

Swiss-headquartered dairy company Hochdorf Group has published its financial statements for the first half of 2020, and the company said it is starting to see positive results from restructuring.

The new factory is now one of the largest Italian dairy factories in the UAE. Pic: Getty Images/acqua_tranquilla

Italian Dairy Products expands UAE cheese factory

By Jim Cornall

The Italian Dairy Products factory, headquartered at Sharjah Food Park, in the United Arab Emirates, has doubled the total size of its factory to 26,000 square-feet, with an eye on expansion in the UAE and Gulf markets.

The new tubs will be rolled out across Europe in 2020 and globally in 2021.

Magnum launches tubs made with recycled plastic

By Jim Cornall

UK ice cream brand Magnum has launched its ice cream tubs range in the UK using packaging made with recycled plastic. Following a successful pilot last year, Magnum is the first ice cream brand to use recycled polypropylene plastic in packaging.

Dairy Dialog podcast 95: Royal DSM, InnovoPro, Fonterra

Dairy Dialog podcast 95: Royal DSM, InnovoPro, Fonterra

By Jim Cornall

On this week's podcast, we chat with Pim van Hee, manager innovation R&D and technology, Royal DSM; Taly Nechustan, CEO of InnovoPro; and Brent Vautier, senior research technologist at Fonterra. We also have our weekly look at the global dairy...

Food Union's production facility. Pic: Food Union

Ice cream 60% of revenue for Food Union

By Jim Cornall

European ice cream and dairy company Food Union Group ended 2019 with €277m ($326m) in net revenue and a gross profit of €104m ($122.6m).

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