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Monday, June 18, 2012
Arla, Mengniu China Dairy signs US$290 million deal
June 18, 2012 Arla, Mengniu China Dairy signs US$290 million deal      Arla Foods' push into Asia is boosted by an important US$290 million deal with China's top dairy firm, Cofco. Arla said it will boost its revenues in China by 2016, from ...
Monday, June 18, 2012
Mengniu Dairy to invest in large-scale farms in China (Press release)
June 18, 2012 Mengniu Dairy to invest in large-scale farms in China Press release Mengniu Dairy plans to invest RMB3.5 billion, or US$552 million, to build 8-12 self-operated large scale dairy farms in China  by 2015. The farms will feature ...
Saturday, June 16, 2012
Mengniu to buy fresh milk from major farms
June 16, 2012 Mengniu to buy fresh milk from major farms By 2015, Mengniu eyes to spend up to RMB3.5 billion (US$550 million) to buy all its fresh milk from large-scale farms instead of getting from small farmers who currently supply about ...
Friday, June 15, 2012
Mengniu Dairy to spend US$549.15 million on new farms
June 15, 2012 Mengniu Dairy to spend US$549.15 million on new farms China Mengniu Dairy will release funds of RMB3.5 billion (US$549.15 million) to build 8-12 dairies by 2015 to ensure the value of its milk product and rebuild consumer conf ...
Monday, May 14, 2012
Food safety fears trigger China Mengniu Dairy's company revamp
May 14, 2012 Food safety fears trigger China Mengniu Dairy's company revamp Ever since tainted milk killed children in 2008, the security of food quality has been a factor to an executive revamp and soul-searching at the country's biggest d ...
Thursday, April 26, 2012
Mengniu Dairy to invest almost US$175-million in Hunan
April 26, 2012 Mengniu Dairy to invest almost US$175-million in Hunan China Mengniu Dairy Co., Ltd., one of the largest dairy producers in the country, seeks to construct a RMB1.1-billion (US$174.89-million) complex in Leiyang, a city in Hu ...
Friday, April 13, 2012
China Mengniu Dairy names new CEO
April 13, 2012 China Mengniu Dairy names new CEO China Mengniu Dairy Co Ltd, the country's largest dairy producer that has been involved in scandals of tainted milk, has appointed its new chief executive officer with effect from Thursday (A ...
Thursday, March 29, 2012
Mengniu Dairy to invest US$0.55 billion in building pastures
March 29, 2012 Mengniu Dairy to invest US$0.55 billion in building pastures China Mengniu Dairy Co., Ltd. announced on Tuesday (Mar 27) that it would spend RMB3-3.5 billion (US$0.48-$0.55 billion) in establishing its own pastures supporting ...
Wednesday, March 28, 2012
Mengniu Dairy Net gains US$0.25 billion in 2011
March 28, 2012 Mengniu Dairy Net gains US$0.25 billion in 2011 Last year, China Mengniu Dairy Company Limited gained RMB1.59 billion (US$0.25 billion) net profit, which increased 28.45% from RMB127 million (US$20.13 million) in 2010. Meanwh ...
Thursday, December 29, 2011
Mengniu pledges to tighten control amid milk scare
December 29, 2011 Mengniu pledges to tighten control amid milk scare   China Mengniu Dairy Co vowed on Tuesday (Dec 27) to increase oversight of its suppliers after inspectors found elevated levels of aflatoxin in a batch of milk at its Sic ...
Thursday, December 29, 2011
Mengniu's tainted milk traced back to mildewed feed
December 29, 2011 Mengniu's tainted milk traced back to mildewed feed   Mildewed feed given to cows was the cause of the excessive levels of aflatoxin found in milk from Mengniu Dairy Group and Fujian Changfu Dairy Industry Group, according ...
Monday, December 5, 2011
Mengniu starts distribution of dairy products in Hong Kong
December 5, 2011 Mengniu starts distribution of dairy products in Hong Kong   China Mengniu Dairy Company Limited has announced the commencement of the distribution of its dairy products in Hong Kong, which sales points include Kai Bo Food ...
Tuesday, October 25, 2011
Mengniu Dairy said to plan bid for Pfizer Nutrition
October 25, 2011 Mengniu Dairy said to plan bid for Pfizer Nutrition    China's largest dairy firm Mengniu Dairy Co Ltd is planning to bid for Pfizer's infant-nutrition business, a unit that has been put for sale by the pharmaceutical giant ...
Tuesday, October 25, 2011
Mengniu dismisses talks with Pfizer on nutrition unit
October 25, 2011 Mengniu dismisses talks with Pfizer on nutrition unit   China Mengniu Dairy Co Ltd said Monday (Oct 24) it is not in direct talks with Pfizer to bid for its nutrition business, following a media report it was considering su ...
Tuesday, September 27, 2011
Mengniu Dairy earmarks US$141 million on milk source this year
September 27, 2011 Mengniu Dairy earmarks US$141 million on milk source this year   China Mengniu Dairy Co Ltd spent RMB700 million (US$109 million) on milk source construction last year and will spend RMB900 million (US$141 million) this y ...
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