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Bright Dairy & Food Co.

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China's fledgling and buoyant dairy industry was brought to its knees after last year's melamine scandal but, slowly, there are signs growth is returning to the sector. Beijing has ordered China's dairies to tighten up their supply chains and the country's top processors are highlighting those moves to convince consumers their milk is safe. Mark Godfrey reports from Beijing.

Shanghai-based Bright Dairy & Food Co, China’s third-largest dairy products maker, has announced plans to build a dairy plant in Chaozhou in Guangdong province, run by a new wholly-owned dairy subsidiary. 

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Synlait Milk, the New Zealand infant formula manufacturer for brands like A2 Platinum and Munchkin, has set out plans to spend NZD300m over the next three years in areas including production and packaging.

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Bright Dairy & Food Co., the Chinese dairy group, saw its profits fall by more than a quarter amid a decline in sales.

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China's Bright Dairy & Food Co. has reported a slump in earnings in the first nine months of the year as higher sales were offset by factors including an increase in sales expenses and a jump in financial costs.

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Demand in Asia for local FMCG products is growing at twice the speed of global brands, a report from Kantar Worldpanel claimed today (16 October).

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Bright Food & Dairy Co. has confirmed plans to invest CNY43.3bn in the development of an “ecological” dairy farm project.

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Bright Dairy & Food Co., the Chinese group, has reported a 4% drop in half-year earnings amid "intense" competition in the sector.

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Bright Dairy & Food Co. plans to raise CNY9bn (US$1.45bn) to buy a controlling stake in Israel's Tnuva from its parent company Bright Food Group Co.

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China's Bright Dairy and Food Co. has reported a jump in sales and profit for the first quarter of the year.

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Bright Dairy & Food Co., a listed subsidiary of Chinese food group Bright Food Co., saw profits jump almost 40% in 2014.

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Chinese food giant Bright Food Group is reportedly planning to list its Australian unit, Manassen Foods, this year.

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Bright Dairy & Food Co., a listed subsidiary of Chinese food group Bright Food Co., reported higher sales and earnings for the first nine months of the year.

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Olive oil giant Deoleo this week announced its board had backed a takeover bid from private-equity giant CVC Capital Partners. Elsewhere, Mondelez International announced plans for another plant in Russia and the political party that looks set to be the major party in India's next government said it would ban foreign supermarkets entering the country's retail sector.

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Food retailers eyeing India would have been surprised to hear the BJP political party, tipped to lead the country's next government, publish a tough stance on foreign investment in its retail sector. Nestle CEO Paul Bulcke hinted the food giant could be looking at further disposals and Wal-Mart said more affordable organic groceries would be available in the US after a tie-up with the recently-revived Wild Oats brand.

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Australia's Freedom Foods Group has struck a deal to supply China's Bright Dairy with "value-added" milk products.

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Bright Dairy & Food Co., the dairy unit of Chinese food giant Bright Food, has signalled it plans to invest in driving growth across its business by increasing production capacity by 40%.

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New Zealand infant formula and dairy ingredients group Synlait Milk has reported higher annual profits but said changes to regulations in China hit sales, which came in below target.

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Dutch dairy giant FrieslandCampina is to take a stake in New Zealand infant formula and dairy ingredients company Synlait Milk, which is set to float this month.

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New Zealand dairy ingredients and infant formula firm Synlait Milk has set a final price of NZ$2.20 (US$1.73) per share for its IPO.

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New Zealand dairy ingredients and infant formula firm Synlait Milk has outlined plans for its IPO - and how it intends to spend the proceeds from the listing.

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New Zealand dairy Synlait Milk has announced plans to invest US$15m in upgrading its lactoferrin production.

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The week was dominated by the annual results from Tesco, the UK's largest - and the world's third-biggest - retailer. Much of the focus was on comments from new CEO Philip Clarke, who was frank about the challenges the retailer faces at home and abroad. On our analysis pages, we looked at Tesco, the EU health claims process, the problems retailers face with out-of-stocks and Nestle's latest investment in China. Meanwhile, the news of the death of Pietro Ferrero, the joint CEO of confectioner Ferrero, saddended many in the industry.

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Bright Dairy, one of China's major dairy manufacturers, is to invest about CNY1.4bn (US$214.5m) to build a new plant in Shanghai.