Long-term dairy fears allayed by OECD report
Growing fears among dairy processors over continued increases in
the cost of ingredients like milk powders could be allayed by new
findings from the Organisation for Economic Co-operation and
Bangladesh success reflects Arla's Asian ambition
Dairy group Arla continues to profit from its partnerships within
the emerging markets of Asia as sales of its powdered milk brands
in Bangladesh continue to rise rapidly.
M&A: Urge to merge
Mergers and acquisition activity is always ongoing in every segment
of industry, but this summer looks to be a particularly hot one for
food and beverage manufacturers.
Raisio halts Russian margarine production
Raisio is to cease production of margarine at its plant in Istra,
Russia from September, when it will transfer the operation to a
subcontractor in an effort to reduce over-capacity and boost
Courts continue to favour Parmalat
Italian dairy group Parmalat continues its fight back from
insolvency after emerging victorious yesterday from another set of
legal disputes over responsibility for its financial collapse in
EU export subsidies revoked as dairy prices rocket
The EU's dairy management committee last week revoked
subsidies on all exported dairy products for the first time in 40
years, as increased demand amongst processors and consumers
continues to drive up prices.
Friesland rethinks Dutch dairy production
Friesland Foods this week announced plans to scale down
its production facilities in the Netherlands in a bid to brace
itself for wide scale changes within the EU's dairy market.
Wimm-Bill-Dann maintains Russian expansion
Dairy group Wimm-Bill-Dann has tightened its grip on the country's
dairy market by increasing its holding in one of the country's
major production facilities.
Vietnam next for Arla's emerging market drive
Sweden's Arla foods has today revealed it plans to enter Vietnam's
dairy market in October to boost its presence in the dynamic
emerging markets of Asia.
Unilever eyes job cuts in France
Unilever is planning to cut up to 200 jobs in France in an effort
to rebuild its business in the country.
Dairy exports set to fall, says EU
Rising demand for dairy in the European Union is likely to see the
bloc's dairy industry lose market share in several export markets
over the next decade, a Commission report says.
Dairy Crest focuses on health
Dairy Crest, which saw sales rise 12 per cent in 2006, said it was
now pumping most of its research funding into developing healthier
Dairy Crest to shut milk facility
More consolidation is looming in UK dairy, after Dairy Crest said
it may close its milk bottling and production factory in
Wiseman heralds dairy margin recovery
Robert Wiseman, one of the UK's largest dairy processors, said
higher selling prices and added value milk helped it to rebuild
operating profit margins in 2006.
Arla poised to sell packaging venture
Dairy group Arla Foods and packaging firm Constantia Packaging are
looking to sell off their joint venture on the Danish market to
focus on their core businesses.