Yili

Westland's Rolleston site.

Westland urges shareholders to approve sale to Yili

By Jim Cornall

The board of Westland Co-operative Dairy Company Limited is urging all its shareholders to exercise their votes at, or before, the Scheme Meeting on July 4 to support the sale of the cooperative to Hongkong Jingang Trade Holding Co., Limited, a wholly...

Westland's Rolleston plant.

News in brief

Westland Milk Products lowers pay-out prediction

By Jim Cornall

Lower than expected sales have led to the board of New Zealand’s Westland Milk Products to lower its predicted payout range for the 2018-19 season to NZ$5.80 - NZ$6.00 (US$3.95-US$4.08).

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...

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...

Invited guests witnessed Yili's launch of Joyday ice cream in Indonesia.

Yili launches in Indonesia

By Jim Cornall

In Jakarta, Indonesia, China's largest dairy company, Yili Group, held a product launch event on October 23 which heralded the company’s entrance into the Indonesian market.

The aim of the cooperation is to establish an integral chain approach in China from water, feed, animal health, medication use, milk production and storage to milk quality.

Yili and Qlip sign MoU

By Jim Cornall

China’s biggest dairy company, Yili, and Dutch safety testing company Qlip have signed a Memorandum of Understanding on collaboration.