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Singapore Firm Buys Share of Russian Dairy Milk
Thursday, February 02, 2012 (888 reads)


Russian Dairy Milk Co. has formed an investment deal with Singapore company Olam International, which will acquire 75% of the Russian firm. The companies together will invest about $400 million over four to five years to add four modern dairies and increase the cow population from 3,600 to 20,000.



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Global Dairy Products Market to Reach US$494 Billion by 2015
Thursday, February 02, 2012 (882 reads)


The global dairy products market is set to reach $494 billion by 2015, according to a report by Global Industry Analysts, Inc. Globally, the demand for dairy products is on an upswing, driven by the advent of novel functional dairy protein products. The market is also driven by new product introductions, particularly in ice cream and frozen desserts, yogurt and cheese.



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