China

Dairy Dialog podcast 47: Somerdale International, BrainMilk and Vegware

Dairy Dialog podcast 47: Somerdale International, BrainMilk and Vegware

By Jim Cornall

This week’s podcast features three interviews, with Stephen Jones, managing director of Somerdale International, whose cheeses have made it in to Costco’s first store in China; Aarti Arora-McLean, brand communications lead at Scottish eco-friendly packaging...

Under Shenzhen Stock Exchange rules it is only possible to sell up to 1% every 90 days directly on the exchange, or up to 2% in a single block every 90 days. Pic: ©Getty Images/lzf

Fonterra trying to sell Beingmate shares

By Jim Cornall

New Zealand dairy cooperative Fonterra says it is going to sell a portion of its stake in Beingmate Baby & Child Food Company Ltd, which is currently a shareholding of 18.8%.

RT-Mart is part of the Sun Art Retail Group, a hypermarket complex operator in China.

China’s RT-Mart to stock Keytone Dairy products

By Jim Cornall

Australian and New Zealand based Keytone Dairy Corporation Ltd has signed a listing agreement with RT-Mart through the company’s distributor Guangzhou YingLi for the listing of its proprietary products on RT-Mart.

Keytone said the integrated company will look to implement a step change in revenue and sales mix towards high value proprietary products.

Keytone Dairy eyes China with Omniblend acquisition

By Jim Cornall

Keytone Dairy Corporation Ltd, based in Sydney, Australia and Christchurch, New Zealand, has executed a binding agreement for the strategic acquisition of Omniblend Pty Ltd for A$22.6m (US$15.5m) plus an earn-out.

Edge believes the aid will provide only partial and short-term relief for farmers. Pic: Getty/Annimei

USDA authorizes $16bn aid package for US farmers

By Beth Newhart

US President Donald Trump and US Secretary of Agriculture Sonny Perdue announced ‘several actions’ to help farmers in the wake of the recent trade war with China, including $16bn in aid.

Cream of the crop: The dairy boom in China's bakery market

Cream of the crop: The dairy boom in China’s bakery market

By Gill Hyslop

Irish dairy processor Glanbia is capitalizing on the Chinese consumer’s growing penchant for full-fat dairy creams – especially prevalent in raft of exquisitely decorated cream-topped cakes on show at Bakery China.

More US dairy exporters are setting up offices in the Asean region. Pic: ©Getty Images/PytyCzech

Southeast Asia now second biggest market for American exporters

China crisis will have positive impact on US Dairy exports to favorite Asian region

By Richard Whitehead

Dairy exports from the US to Southeast Asia have been growing “exponentially”, and will only continue to increase as exporters eye new segments and use the region as a stepping-stone to China while a trade war between the countries rages on.

The sale of Westland to Yili is subject to shareholder and High Court approval. Pictured: Westland's Rolleston plant.

Yili set to buy NZ’s Westland for $404m

By Jim Cornall

The board of New Zealand’s Westland Co-operative Dairy Company Limited has signed a conditional scheme implementation agreement to sell the West Coast dairy cooperative to Hongkong Jingang Trade Holding Co., Limited (Jingang), a wholly-owned subsidiary...

The infant formula market is expected to be worth around $32bn by 2023. Pic: ©Getty Images/magone

Melamine 10 years on: Foreign and ‘foreign’ firms vie for position

By Richard Whitehead

A decade after the first convictions were handed down to figures at the center of a tainted infant milk powder scandal that rocked consumer confidence in Chinese domestic dairy products, how have local firms clawed their way back and what have foreign...

Jennewein Biotechnologie is building one of the largest fermentation plants in Central Europe. Pic: ©Getty Images/magone

Jennewein Biotechnologie and Yili join forces in HMO research

By Jim Cornall

Jennewein Biotechnologie GmbH, a German company involved in the research and manufacture of human milk oligosaccharides (HMO), and Inner Mongolia Yili Industrial Group (Yili Group), China’s leading dairy company, have signed a Memorandum of Understanding...

The region has some powerful reasons to attract Chinese companies. Pic: ©Getty Images/PytyCzech

Thailand and Indonesia in particular will take over from 10-year antipodean foray

SE Asia’s perfect storm of factors lures Chinese dairy investment

By Richard Whitehead

Dominating the news headlines twice in one week is not something done often by dairy majors anywhere in the world, never mind Southeast Asia. But Chinese dairy giants have now signaled their intent to set up a major presence in a region ranked the world’s...

Analysts have identified several factors that explain why Southeast Asia has become a dairy growth outlier. Pic: ©Getty Images/szefei

Southeast Asian dairy in a churn

By Richard Whitehead

Until very recently, Southeast Asia was a dairy wasteland. Supermarkets would all stock milk, cheese and yogurts, but in a fraction of the quantities one might expect to see in organized retail in other parts of the world, while food processors would...

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...