UHT cream launched for Chinese bakeries
Fonterra has introduced a new UHT bakery cream for its booming foodservice business in China.
The world's largest dairy company, Nestle is spending $23 million to boost its ice cream business in China.
The company has opened a new production line in Tianjin to produce its popular Nestle 8Cubes brand, and is increasing its cold storage capacity in Guangzhou.
Nestle 8Cubes, available only in China, is a bite-size snack of individual ice cream cubes with a crunchy chocolate and sesame seed coating.
“This investment will enhance our ability to meet increasing consumer demand for our products,” says Ouyang Kai, vice president of Nestle Greater China region’s ice cream business unit.
“It also underlines our confidence in the long-term dynamics of the China market.”
Nestle has two ice cream factories in China, which produce Nestle brand products as well as the local brand 5Rams.
The 5Rams brand is known for its range of ice cream cones, which include flavours such as purple yam, lychee, and melon, as well as a selection of ice cream sticks in flavours including red bean, green bean and chestnut.
Nestle says it is looking to a long-term sustainable ice cream business in China.
“In the vibrant Chinese market, to expand production capacity and increase investment demonstrates our Chinese ice cream market confidence and determination, and helps us meet growing Nestle consumer needs.
“We constantly strive to meet consumers’ desire for ice cream products of high quality, innovation and safety,” the company says.
ANZ says the latest cut to its floating rates will be welcome news to many of its business and agri customers still feeling the effects of high inflation and interest rates.
Fonterra has introduced a new UHT bakery cream for its booming foodservice business in China.
Auckland manufacturer and distributor of colostrum-based supplements, New Image International, celebrated its 40th anniversary this month.
LIC farmers are set to benefit from a genetics collaboration with US company, Sexing Technologies (ST).
"It was awesome to see not only where our milk goes but to find out more about the range of ways it's used."
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