Archives for June 11, 2020

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Vinamilk looks to South Korea market expansion

Vinamilk looks to South Korea market expansion

By Jim Cornall

Vietnamese dairy giant Vinamilk already had a sweetened condensed creamer in the South Korean market, but now it is launching soymilk and milk tea to further expand its sales in the country.

Tetra Pak commits to net zero emissions

Tetra Pak commits to net zero emissions

By Jim Cornall

Tetra Pak has announced an ambition for net zero emissions across the value chain by 2050, supporting this with an intermediate 2030 target of net zero carbon emissions across its own operations.

ICMSA says milk prices for farmers must reflect recovery

ICMSA says milk prices for farmers must reflect recovery

By Jim Cornall

The chairperson of the Irish Creamery Milk Suppliers Association’s (ICMSA) dairy committee says his association expects the prices to be announced by milk processors in the coming days for milk supplied in May to reflect a “surging recovery.”

Mengniu expecting big drop in profits

Mengniu expecting big drop in profits

By Jim Cornall

In March, China Mengniu Dairy Company Limited, said the group’s sales in February and March 2020 were affected by the coronavirus outbreak.