china
Fonterra agrees sale of China JV farms
Fonterra has agreed the sale of its two joint venture farms in China in Shandong province.
Reckitt sells China infant formula business
Reckitt Benckiser Group is selling its infant formula and child nutrition business in China to Primavera Capital Group for US$2.2 billion.
Yili Group achieves remarkable growth in 2020 annual report
Yili’s Q1 2021 report released at the same time also showed a YOY increase of 32.49% in terms of total revenue.
Fonterra completes sale of two China farms
Fonterra has completed the sale of its two wholly owned China farming hubs in Ying and Yutian.
The pandemic through the OECD numbers
I find statistics fascinating, and how these numbers interact with our daily lives. The Organisation for Economic Cooperation and Development (OECD) released some new figures recently, showing that growth of gross domestic product (GDP) in the G20 area slowed to 2.1% in the fourth quarter of 2020, down from the large rebound in the previous quarter (7.8%) that followed the unprecedented falls in the first half of the year due to Covid-19 containment measures.
Demand seen as dairy driver in 2021, says Rabobank
After a whole year of pandemic and lockdowns across the globe, the view of the future is clearer and more hopeful than it has been for months for the world dairy markets.
Organic proteins help meet demand for premium kids’ snacks in China
Arla Foods Ingredients is demonstrating how its organic dairy proteins can help meet emerging opportunities for premium kids’ snacks in China.
Milk supply up in 2021, says AHDB
Despite the disruption to food markets by coronavirus early in the year, dairy markets recovered quickly and remained surprisingly robust through 2020.
Somerdale acquires blended cheese business of Abergavenny Fine Foods
The acquisition reinforces Somerdale’s position as a leader in the supply of blended cheese.
Nestlé launches powdered milk product to support mobility
Nestlé is launching a milk product for adults, consisting of a unique combination of ingredients supporting the three pillars of mobility: bone health, muscle strength and joint functionality.