Following are headline news of the latest issue of Dairy Products China News:
Treasure of
Plateau Launches Yak Milk Infant Formula
In late August,
Treasure of Plateau launches a yak milk infant formula, targeting the super
premium segment.
Yinqiao Biotech Launches New Fresh Milk
In early
September, Yinqiao Biotech launches a new fresh milk at a new product conference
in Xi'an.
Modern Dairy Performs Well in 2013
On 27 August
Modern Dairy releases its financial report for 2013, demonstrating its
continued strong performance.
Tianyou Dairy Targets Infant Formula
On 4 September,
Tianyou Dairy reveals its entry into the infant formula market via its
subsidiary Yellow River Dairy.
Shengmu Farming Plans for Organic Growth
Shengmu Farming
plans to list on the Hong Kong Stock Exchange, aiming to raise funds for its
business expansion.
Huishan Dairy IPO and Listing
Huishan Dairy
lists on the Hong Kong Stock Exchange to expand its resources.
Beijing Sanyuan to Expand Formula Business
On 27 September,
Beijing Sanyuan announces that it will build a 50,000 t/yr infant formula plant
in Beijing.
Government Further Promotes Infant Formula
Consolidation
On 28 September, 6
domestic infant formula processors showcase new premium products at a
conference in Beijing, an event reflecting the government's aim of accelerating
infant formula market consolidation.
Hebei Promotes Milk Powder/Formula Industry
Development
On 22 September,
the Hebei government launches "Suggestion on Accelerated Development of
the Milk Powder Industry", a policy designed to promote development of the
local milk powder and formula sector.
Dumex Caught in Bribery Scandal
In September,
Dumex gets caught up in a bribery scandal after China Central Television
reports that it bribed medical staff to boost sales of its infant formula at
hospitals in northern China. Dumex Caught in Bribery Scandal
Dairy Product Safety on the Agenda
The 19th annual
meeting of the China Dairy Industry Association in September brings familiar
themes such as food safety to the fore.
Key Processors'
Performance in H1
Recent
half-year reports from several key Chinese dairy processors show mixed
performances in the latest trading period.
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