Dairy Crest will pump the best part of £25m into its factories this year as it embarks on the first stage of a three-year, £75m capital expenditure programme.
Robert Wiseman Dairies is investing £8m into doubling its processing capacity for filtered milk at its Droitwich dairy after striking a deal with Tesco to boost production of its ‘Pure’ range.
Glanbia is revising its 2010 earnings per share guidance upwards as figures from the dairy ingredients business improve with the recovery in global dairy prices.
It’s a sticky issue that just won’t go away. There are sugar-free, tooth whitening and nicotine added versions but none from leading makers, as yet, that are dissolvable in rain.
CME Group is launching cheese futures and options on its Globex trading platform to help processors and manufacturers protect themselves from price volatility.
International dairy prices now stand in “a more comfortable range” but a spike in EU production this spring could spark another major fall, according to Rabobank.
Robert Wiseman has announced that full year sales and profits will beat expectations but warned that higher diesel and packaging costs may put pressure on margins in the new financial year.
No race should have rules that favour the strongest competitors. But unless the capabilities and interests of SMEs are taken into consideration before the starting gun is fired for new food regulations, they will struggle to keep up and may have to drop...
Fonterra has claimed that ingredients prices are recovering and market confidence is returning as a group of US senators accuse the New Zealand-based co-op of holding a virtual monopoly of key internationally traded dairy commodities.
A recent flurry of merger and acquisition activity in the dairy industry could be a sign of things to come as companies look to adjust to a more volatile marketplace.
FrieslandCampina is seeking to become less dependent on milk powder, casein, and basic cheese after these categories contributed to a double-digit drop in revenue for 2009.
Analysts and industry commentators have described the mooted sale of the Irish business of Glanbia Plc to Glanbia Co-op as a ‘win-win’ deal for both parties.
Spanish food giant Ebro Puleva is set to depart the dairy category where its Puleva Omega-3 milk has been a pioneering product, following an agreement to sell off its dairy business worth €630m to Lactalis, Europe's largest dairy group.
Dutch chemical company, DSM has sold its LAFTI range of probiotic strains targeted at immunity enhancement to the Institut Rosell-Lallemand but is to retain the dairy segment.
Tetra Pak said stronger sales in the final quarter of 2009 and emerging markets offset declining demand in Eastern Europe and Central Asia as it posted an increase in net sales of 1.2 per cent for the year to almost €9bn.
Never before has the dangling of golden carrots in the boardroom been so closely scrutinised. DSM and others’ decisions to ensure those carrots have green shoots of sustainability attached to them is a wise and forward thinking move.
Marel has announced that it is to sell subsidiary Stork Food and Dairy Systems to Dutch investor Nimbus as part of a strategy to focus on its core processing segments.
Reports of my death have been greatly exaggerated, quipped Mark Twain. Predictions of the demise of Cadbury following the approval of Kraft’s offer are premature and are flawed by knee-jerk anti-Americanism.
The recession has not dented the will of consumers to pay price premiums for products that deliver digestive, bone and other benefits, according to European consumer research conducted by global inulin and oligofructose leader, Beneo-Orafti.
Danisco has reported a drop in quarterly revenues but culture sales grew strongly thanks largely to continued conversion from bulk starter to Direct Vat Inoculation (DVI).
Omega-3 specialist Martek has signed an agreement with Fonterra to become its sole source supplier of DHA and ARA for infant formula and milk drinks aimed at young mothers and pregnant women.
Swiss dairy processor Emmi is expanding its cheese business, buying stakes in packaging specialist Diprola in France and Venchiaredo, an Italian fresh cheese and mozzarella maker.
Nampak announced a 60 per cent fall in profits in 2009 as its chief warned that 20 per cent of its operations must either turnaround or face being closed or sold off.
A fund to help bolster the European dairy sector has been welcomed by the industry but the European Dairy Association (EDA) warns it must be spent appropriately.
Is taxing soda really an evil plan to curb your individual freedom? Conspiracy theories aside, perhaps it’s simply a sensible scheme to tackle obesity when personal choice has failed.
Cadbury has given a confident presentation of its stand-alone strategy in the midst of speculation that the company is unlikely to hold onto its independence following Kraft’s failed take-over bid.
