investment
Arla expands in Saudi Arabia
Arla Foods has invested over SAR64 million (€15m) in its Saudi Arabian dairy business production lines since September 2021, upgrades which will provide more diverse products for export to other countries in the region.
Glanbia Nutritionals invests €1.4 million in R&D facility
Glanbia Nutritionals is investing €1.4 million into upgrading its Research and Development facility in Kilkenny, Ireland, expecting to open its doors for operation in Q3 of 2022.
Business & trade, Dairy processing, End products, Ingredients
Beneo announces multi-million investment in capacity extension for prebiotic chicory root fibre
Beneo has announced a multi-million investment programme to expand capacity for its prebiotic chicory root fibre production sites in Pemuco, Chile and Oreye, Belgium.
CP Kelco invests more than $50 million in Citrus Fiber capacity expansion
Strong customer demand and market potential are key drivers in building the company’s new production line.
First Milk invests in Agricarbon
First Milk has invested in soil carbon measurement company, Agricarbon, acquiring a 5% stake in the business.
Upland updates with new plant
Upland dairy in Germany is investing around €20 million in a new, ultra-modern production building in Usseln, due to open this autumn.
Hochland invests in future
The pandemic has not stopped German dairy group Hochland from working on its future, with the sum of around €140 million invested in 2020.
Milk Specialties Global begins lactoferrin production
Milk Specialties Global is entering the lactoferrin market following a multi-million-dollar investment at the company’s Fond Du Lac, Wisconsin facility.
Frischpack expands prepack and sustainability
The Frischpack Group in Germany is investing at its Viersen location, with expansion to the prepack area there, as well as a push towards climate neutrality.
Greiner Packaging invests to increase recycled content in packaging
Greiner Packaging UK & Ireland has invested over £3,700,000 in a new PET decontamination and extrusion line to enable the use of more recycled materials in its market leading pot and tub range.
Yili to double butter capacity at Westland in NZ
Yili Group of China has announced it is investing NZ$40 million (€23.8m) in Westland Dairy, which will double capacity of premium consumer butter production.
First Milk announces £12.5m investment in cheese & whey processing facilities
The investment takes First Milk’s total capital spend on manufacturing sites to around £30m since 2018.
Ferd explores opportunities for next chapter in Elopak’s history
After 64 years as owner of Elopak, Ferd is now exploring the opportunity of inviting additional investors into the company.
TurtleTree Labs raises $6.2 million in Pre-A funding round
Investment from Green Monday Ventures, Eat Beyond Global, KBW Ventures, and Verso Capital will allow biotech company TurtleTree Labs to expand its focus into functional components in milk.