Emerging Markets

Pic: Getty Images/Kiwis

New products in the dairy aisles: December

By Jim Cornall

It’s a limited round-up of products this month, partly because we’re publishing a week early, but also because there aren’t as many launches this month.

Oddlygood products are currently sold in Finland, Sweden, the UK, US, Russia and the Baltic countries.  Pic: Valio

Funding for Oddlygood Global plant-based business

By Jim Cornall

Oddlygood Global, which aims to be a leader in plant-based products, has closed its first round of financing, with Mandatum Asset Management investing €25m ($28m) in the company, which was spun off from Valio earlier this year.

The private placement by Yili attracted 53 institutional and individual investors from around the world. Pic: Yili

Yili raises $1.89bn from shares

By Jim Cornall

Yili Group has released its non-public offering announcement, signifying the finalization of the largest private placement in the consumer sector on China's A-share market.

The project is expected to create more than 5,000 new jobs for local communities, directly and indirectly. Pic: Yili

Yili Group developing ice cream production facility in Indonesia

By Jim Cornall

Chinese dairy giant Yili Group has officially launched the first phase of the Yili Indonesia Dairy Production Base. Upon completion of its second phase, it will become the country's largest ice cream factory with a daily production capacity of 4m...

Dewlay Cheesemakers invested in a new enterprise resource planning system. Pic: Made Smarter

Made Smarter reaches milestone

By Jim Cornall

A new wave of manufacturers in the food and drink industry have helped the UK technology adoption program Made Smarter mark its third anniversary by reaching a major milestone.

The upgraded site aims to encourage more face-to-face customer interactions and meetings. Pic: Glanbia

Glanbia Nutritionals investing in Irish R&D facility

By Jim Cornall

Global ingredient and service solution company Glanbia Nutritionals is investing €1.4m ($1.6m) to upgrade its Research and Development facility in Kilkenny, Ireland, and is expecting to open its doors for operation in Q3 of 2022.

Symrise said the new facility will support future dairy and beverage developments as well as UK bakery manufacturers. Pic: Symrise

Symrise opens UK innovation lab

By Jim Cornall

German supplier of fragrances, flavors, food, nutrition and cosmetic ingredients, Symrise, has opened an innovation lab co-located at Colworth Science Park in the UK.

Dairy Dialog podcast 161: BENEO, FAIRR on COP26, GNT

Dairy Dialog podcast 161: BENEO, FAIRR on COP26, GNT

By Jim Cornall

This week, we feature interviews with two companies involved with the upcoming FiE event. We have conversations with Rudy Wouters, head of the BENEO Technology Center and Myriam Snaet, head of market intelligence and consumer insights at BENEO; and Maartje...

At first, the new Dutch manufacturing facility will add 40,000 tons of yogurt production capacity each year. Pic: Getty Images/Andrey Elkin

News in Brief

FAGE to construct new €150m facility in the Netherlands

By Jim Cornall

Greek dairy company FAGE said due to increased sales volumes in Europe, it plans to increase production capacity by constructing a new manufacturing facility at the Riegmeer Hoogeveen business park in the Netherlands.

Watch: Anuga – Szega

Watch: Anuga – Szega

By Jim Cornall

Szega Foods, a company from Hungary, introduced a range of plant-based products at Anuga.

Watch: Anuga – Magda

Watch: Anuga – Magda

By Jim Cornall

Polish company Jogurty Magda was turning heads at the Anuga event held in Cologne, Germany.

Ukraine and Israel look to cooperate on dairy

News in brief

Ukraine and Israel look to cooperate on dairy

By Jim Cornall

Ukraine and Israel have met to discuss working together on aspects of the dairy industry, the Ukrainian Embassy in Israel announced via Facebook.

Halo Food recently changed its name from Keytone Dairy.

Halo signs $40m deal with Theland China

By Jim Cornall

Halo Food Co. Limited, which recently changed its name from Keytone Dairy Corporation Limited, has announced its wholly-owned subsidiary Keytone Enterprises (NZ) Company Limited has signed a memorandum of strategic cooperation with Theland New Cloud (Shanghai)...

The company said the product has “an umami and tangy taste profile.

Microalgae-based cheese alternative developed

By Jim Cornall

Sophie's BioNutrients, a food production technology company, together with Ingredion Idea Labs innovation center in Singapore, have collaborated to produce the company’s first microalgae-based cheese alternative from Sophie's BioNutrients'...

Pic: Getty Images/SB

BiaVest and Development Capital to acquire Nomadic Dairy for €29m

By Jim Cornall

Food investment group BiaVest has partnered with Development Capital to acquire Donegal-based Nomadic Dairy from Donegal Investment Group plc for an upfront amount of €23m ($26.7m) and up to €6m ($7m) deferred consideration, contingent on FY 2022 financial...

VitaKey co-founders Dr Robert Langer and Dr Ana Jaklenec, with researcher Stephanie Tomasic. Pic: VitaKey

Fonterra and VitaKey partner on probiotics

By Jim Cornall

Looking to a future where it is likely that many foods will be more valued for their specific health benefits, Fonterra and VitaKey Inc. have announced a dairy science collaboration on Fonterra’s probiotic strains.

Dairy Dialog podcast 156: Anuga, Arla Foods Ingredients

Dairy Dialog podcast 156: Anuga, Arla Foods Ingredients

By Jim Cornall

On this week’s podcast we talk to Arla Foods Ingredients’ Mads Dyrvig, head of sales development, business unit health & performance, and two more interviews from the recent Anuga event in Cologne, Germany: Soriya Jamet, export sales & marketing...