Emerging Markets

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...

Future Consumer Ltd is part of the Future Group, which plans to launch 1,100 stores in India this year.

New Fonterra JV looks to Indian market

By Jim Cornall

Fonterra has announced a joint venture partnership with one of India’s largest consumer companies, Future Consumer Ltd, to produce a range of consumer and foodservice dairy products for the Indian market.

HUL currently markets ice creams and frozen desserts under the Kwality Wall’s and Magnum brands.

Hindustan Unilever to acquire Adityaa Milk ice cream business

By Jim Cornall

In India, Hindustan Unilever Limited (HUL) has announced it has signed an agreement with Vijaykant Dairy and Food Products Limited (VDFPL) and its group company to acquire its ice cream and frozen desserts business consisting of its brand Adityaa Milk.

LMS Competence Center. Photo: ESMERA.

SMEs can win €200k funding for their technology

‘Does your robot have the potential to unlock real-life F&B challenges?’

By Jenny Eagle

The European Commission launched the ESMERA (European SMEs Robotics Applications) project this year and is offering €200k ($232,000) to European Small and Medium sized Enterprises (SMEs) who have robot technology that can unlock real-life problems.

a2MC has increased its shareholding in ordinary shares of Synlait to 17.39%.

News in Brief

Synlait not concerned by Ebert Construction receivership

By Jim Cornall

New Zealand dairy company Synlait Milk Limited has sought to clarify its arrangements with Tetra Pak and Ebert Construction Ltd in the delivery of two capital projects at Synlait Pokeno and Synlait Dunsandel, following the announcement that Ebert Construction...