We chat to dsm-firmenich’s Dr. Heinz Flatnitzer to find out more about financed emissions, offering life cycle assessment platform Sustell to lenders, and how dairy farmers can benefit from sustainability-linked finance.
UK cheese producers exporting to Canada face losing millions of pounds and are already taking a hit during post-Brexit bilateral negotiations to establish a Free Trade Agreement (FTA) with the country.
Small and mid-sized farmers will have additional time to enrol into the voluntary program, which offers financial support when market volatility seriously impacts milk prices.
Saputo Inc. has released its annual financial report, revealing an increase in revenue following a string of acquisitions and comments on the recent dairy tariffs in Mexico.
The Kazakhstan-Hungarian private equity fund (CCL Kazakhstan ‘Silk Road’ Agriculture Growth Fund) has financed a dairy-commodity farm in the Akmola region of Kazakhstan – Aina dairy farm LLP – for $10.4m, by purchasing a majority stake.
Bank of China New Zealand has signed an agreement with New Zealand dairy cooperative Fonterra that establishes a RMB 1.5bn (NZ$300m, US$213m) multi-currency bank facility including a Chinese currency component.
Danone shares rose today as rumours strengthened the French dairy giant would sell its medical and paediatric nutrition business (Nutricia), but is the firm streamlining its activities around its core foods businesses or just shifting infant-medical...
New Zealand dairy major Fonterra has raised RMB1.25bn (US$210m) through a five-year offshore “dim sum” bond issue to to repay debt and expand its operations in China.
The sale of Morningstar to Canadian dairy giant Saputo has enabled Dean Foods to reduce its long-term debt by almost a third, according to the Dallas-based dairy giant.
The UK’s Food Standards Agency has been applauded by the Government Office for Science for its practice, use and management of science, and its transparency in holding meetings in public.
The European Commission has proposed forcing companies to disclose
all financing done off the books as part of a four-point initiative
to prevent accounting scandals such as the recent bankruptcy of
Parmalat.
Italian dairy group Parmalat has announced its gross operating
profit for the first four months of the year has steadied, as a
government-appointed administrator prepares to meet creditors next
week in an attempt to ward off liquidation.
Gostomel Glass Factory, Ukraine's largest glass-bottle producer, is
borrowing €13.3 million from the EBRD to build a new facility that
will enable it to produce 600,000 beer bottles a day.
Things just keep going from bad to worse for Parmalat. Just a week
after it escaped defaulting on a bond repayment by the skin of its
teeth, and with barely enough time for new chairman and turnaround
expert Enrico Bondi to warm his...
The finances of Parmalat, the Italian dairy group, hit the
headlines again last week with the announcement that it planned to
liquidate its €496.5 million investment in the Cayman Islands-based
Epicurum fund - an investment which...
Europe's largest sugar producer, Südzucker, has closed a five-year
convertible bond of €250 million, the proceeds from which will be
used to lift its stake in two subsidiaries.
