COVID-19

The baby care division The division focused on current nutritional trends to expand its portfolio, developing a range based on goat's milk and a vegan infant formula based on GMO-free soya.  Pic: Hochdorf

Profit up despite sales drop at Hochdorf

By Jim Cornall

Swiss company Hochdorf Swiss Nutrition Ltd said during 2020 it largely completed the restructuring it began in summer 2019. The integration of Bimbosan was implemented with its move to Hochdorf in January 2021.

Process Expo will take place in the South Hall of McCormick Place, Chicago, from November 2 to 5.  Pic: Getty Images/stevegeer

Process Expo changes 2021 dates

By Jim Cornall

The US’ largest trade show showcasing all aspects of the food and beverage processing and packaging industry has announced new dates and halls for the 2021 event.

The virtual event takes place from Friday, April 23 to Sunday, April 25.  Pic: Getty Images/Pat-swan

British Cheese Weekender returns

By Jim Cornall

The British Cheese Weekender returns next month with online classes, cook-alongs, tutored tastings and virtual farm tours.

Rabobank says demand will be in the driver’s seat in 2021.

Rabobank sees positive times ahead for dairy

By Jim Cornall

Rabobank said after a whole year of pandemic and lockdowns across the globe, the view of the future is clearer and more hopeful than it has been for months.

The board of directors has proposed the distribution of a dividend of €12.5m ($14.9m).  Pic: Granarolo

Granarolo meets 2020 financial targets

By Jim Cornall

Italian dairy company Granarolo S.p.A. said despite the challenging and complex nature of 2020, the company met its profitability targets.

 Fonterra said it expects its earnings performance to come under significant pressure in the second half.

Fonterra reveals Beingmate share sale in financial report

By Jim Cornall

Fonterra Co-operative Group Limited has announced its 2021 interim results, which show a total group normalized EBIT of NZ$684m (US$494m), normalized profit after tax of NZ$418m (US$302m) and a decision to pay an interim dividend of 5 cents alongside...

The company invested €2.7m in truck upgrades, which equates to a reduction of 112 tons of CO2 per annum. Pic: Food Union

Profits rise for Food Union Group

By Jim Cornall

Food Union Group, the international dairy and ice cream production and distributing group, has published its annual results for the year ending December 31, 2020.

Quantec's Dr Rod Claycomb and Raewyn McPhillips.  Pic: Quantec

Could milk ingredient help fight against Covid-19?

By Jim Cornall

New Zealand company Quantec said research it commissioned has found its patented New Zealand milk-derived ingredient IDP (Immune Defense Proteins) is effective at protecting cells against Covid-19.