News

Beyti is 52% owned by Saudia Arabian dairy firm Almarai Company, and 48% by PepsiCo Inc. Pic: ©Getty Images/MidoSemsem

EBRD supports Egypt’s Beyti with $44m loan

By Jim Cornall

The European Bank for Reconstruction and Development (EBRD) is providing Egyptian dairy and juice producer, the International Company for Agricultural Industries Projects, S.A.E (Beyti), with a $44m loan.

Keytone Dairy's new facility remains on schedule for the first half of calendar year 2019.

Keytone Dairy updates on CNCA and construction

By Jim Cornall

New Zealand’s Keytone Dairy Corporation Limited said its CNCA (Certification and Accreditation Administration of the People's Republic of China) registration has been confirmed and is effective until November 2021, while also providing an update...

Fonterra has stopped its global CEO search to review its current portfolio and direction, and appointed its chief operating officer, Farm Source, Miles Hurrell, as interim CEO.

Fonterra opts for interim CEO

By Jim Cornall

Fonterra Co-operative Group has announced Miles Hurrell will take over as the New Zealand cooperative’s interim chief executive with immediate effect, and the search for a new CEO will temporarily be halted.

The first meeting of the alliance will be on October 8, 2018 in Madison, Wisc.

Dairy Food Safety Alliance formed in Wisconsin

By Beth Newhart

The Center for Dairy Research (CDR), the Dairy Farmers of Wisconsin (DFW) and the Wisconsin Cheese Makers Association (WCMA) have come together to form the Dairy Food Safety Alliance to serve the Wisconsin dairy industry.