Global food company, Danone, has invested NZ$40 million (approx. €25 million) in its Nutricia spray drying plant towards achieving carbon neutrality by 2021.
International flavour and fragrance group Givaudan has launched Mista, a new innovation platform for the food industry that will enable start-ups and established corporations to optimise ideas, products, people and investments.
The news that a study in the British Medical Journal is being used to highlight the amount of sugar in yogurts is no surprise.
According to RaboResearch’s latest Global Dairy Top 20 – A Shuffling of the Deck Chairs report, dairy price recovery in 2017 has positively affected the combined turnover of the top 20 companies, which, in 2017, was up 7.2% on the year in US dollar terms and 5.1% in euro terms.
Fonterra is a very large exporter in New Zealand, where the local market amounts amounts to around 4.7 million people and the local cows produce around 21.5 million metric tons of milk annually.