Beijing Sanyuan Foods Co Ltd<600429> plans to invest a total of RMB 680 million to build a milk processing park in Daxing District in Beijing, the capital city of China. The firm said in a statement filed with the Shanghai Stock Exchange yesterday that it has obtained the board's approval for the project...
Close to four thousand milk collection stations in China have been shut down due to substandard conditions, Song Kungang, director-general of the China Dairy Industry Association, said on Wednesday...
UK dairy cooperative Milk Link has announced details of a proposed strategic refocusing of its long-life and extended shelf life milk and cream business...
Joyoung Co Ltd<002242>, a leading soymilk machine maker in China, said its net profit in 2008 surged 71.71% year on year to RMB 540 million because of the contaminated milk scandal last year.According to the company's annual report, the company's earnings per share in 2008 were RMB 2.25, up 43.31% year...
The additive OMP, or osteoblast milk protein, in one of Mengniu Dairy's premium products is "not harmful to human health," according to an online statement posted by the China's Ministry of Health (MOH) ...
Exports of Chinese dairy products in 2008 decreased by 10.4% to 121,000 tons due to the contaminated milk powder scandal, according to the General Administration of Customs (GAC).Dairy product exports totaled US$300 million in 2008, up 24.5% year on year amid a worldwide price hike, with an average export...
CHINA'S Yili Industrial Group reported a net loss last year as a result of the baby formula milk scandal, according to its statement to the Shanghai Stock Exchange Market yesterday.
TIAN Wenhua, the former chairwoman of the bankrupt Sanlu Group Co, will go on trial next Wednesday in connection with the melamine milk scandal, Caijing Magazine reported yesterday.
Singapore has lifted the suspension on the import of milk and milk products from China, the country's Agri-Food and Veterinary Authority (AVA) said in a statement Thursday.
KKR & Co LP, the private equity company of Henry Kravis and George Roberts, will invest US$100 million in a Chinese raw milk supplier, betting the US$18-billion market will recover from a contamination scandal, two people familiar with the plan said yesterday.