Stephen Jones, director and co-founder, Somerdale International
This week I am starting my working week off in Düsseldorf. This is the home of Interpack, the once every three-year packaging colossus that takes over the trade showgrounds in that German city. I expect to visit many stands and look at many machines, ranging from bulk bag filling to packaging for shelf units.
As packaging and label laws keep changing, the global regulatory affairs team at Campden BRI discussed what lies ahead for dairy processors with Dairy Industries International.
Danone has launched a €1 billion efficiency programme. CEO Emmanuel Faber notes, “While we delivered a robust performance in 2016, the challenges we faced, including a slower turnaround of dairy in Europe and major market volatility, are a clear case to step up in our ability to seize consumer opportunities and improve our efficiency.
Product manager, Tetra Pak
Kraftkar has scooped the coveted title of World Champion Cheese at the 29th annual World Cheese Awards, coming top among a record number of entries that were judged at the Kursaal Congress Centre in San Sebastián, during the first day of the International Cheese Festival.
Tetra Pak has released a consumer study to highlight opportunities in the food and beverage market for seniors, those aged 60 and over, the fastest growing consumer group in the world.
Milk prices are finally increasing, after years of the doldrums, according to International Farm Comparison Network (IFCN) Monitoring, which notes the world milk price increased by 35% to a level of about US$30 or €27/100 kg milk since June 2016.
Fonterra Co-operative Group Limited has announced a good performance in the first half of the current financial year, with normalised earnings of $665 (€596) million up 77% on the comparable period, and net profit of $409 (€366) million up 123%.