Dairy Crest to expand milk processing facility in Cornwall

 Breaking News
  • Building the Unilever of the Future Unilever has announced the next steps in its transformation into a simpler, more agile and more focused business. The changes are designed to further drive long-term performance and shareholder value, and build upon the company’s Connected 4 Growth programme. Unilever will simplify its corporate structure. This entails moving from two legal entities – Unilever NV and [...]...
  • Irish Whiskey Association Welcomes 14% Increase in Exports in 2017 Irish whiskey exports recorded a 14.2% increase in value in 2017, according to the Central Statistics Office’s (CSO) 2017 Trade Statistics report. Irish whiskey is exported to over 135 international markets. The category saw a 16.7% increase in exports to the US, its largest export market; a 15.7% increase in exports to Canada and 9.2% increase in [...]...
  • 1 in 5 Meals Eaten Out of Home as European Consumers Favour Service Over Home Cooking More flexible menus and an increase of meal occasions from breakfast and all day brunch through to dinner has led to a €4.1 billion increase in food service sales in 2017 to €335.9 billion according to a new report launched by IRI GIRA Foodservice. One in five meals (18% of all meals) are consumed outside the [...]...
  • Nestlé UK & Ireland Cuts More Than 60 Billion Calories in Just Three Years The amount of sugar in Nestlé’s UK and Irish products has been reduced by more than 2.6 billion teaspoons since 2015 thanks to an ongoing, intensive programme of innovation and reformulation. A report, issued by Nestlé, reveals that more than 60 billion calories have also been removed from Nestlé UK & Ireland’s portfolio in the [...]...
  • Müller Targets New Segments of UK Yogurt Category Müller UK & Ireland has announced two new yogurt products as it continues to develop, manufacture and market a new generation of branded yogurt and desserts products. The dairy company, which is the Official Yogurt of British Athletics*, has revealed Müller Quark Yogurt and Müller Corner Lactose Free*, with both products launching in March and May [...]...

Dairy Crest to expand milk processing facility in Cornwall

Dairy Crest to expand milk processing facility in Cornwall
July 17
13:00 2013

UK-headquartered Dairy Crest plans to expand its milk processing facility at Davidstow in Cornwall with an investment of £40m, to produce whey powder – a key ingredient for baby food.

The company plans to use the whey generated at Davidstow creamery during the production of cheese to produce demineralised whey powder.

“The company is currently finalising the required investments for the expansion and is in talks with several prospective partners.”

Davidstow creamery has been manufacturing Cathedral City cheddar cheese for the past 60 years and uses milk from more than 400 farmers in the region.

Dairy Crest noted that the project will add greater value to the high-quality whey stream at the Davidstow creamery and will
generate attractive returns for shareholders.

The company is currently finalising the required investments for the expansion and is in talks with several prospective partners.

Dairy Crest stated that it would reveal further details of the project in September.

The latest development was announced at the company’s Annual General Meeting on 16 July.

The company noted that for the three months ended 30 June 2013, overall trading and financial position have been in line with its expectations.

Dairy Crest chief executive officer Mark Allen said that all three of the company’s product categories, Cheese, Spreads and Dairies, are well positioned to generate medium-term growth.

“We are also making good progress with new projects to increase the returns we get from whey and move into other added value products,” Allen added.

During the quarter revenues were driven by the Cathedral City and Clover brands, which outperformed their respective markets.

Dairy Crest said that its cost reduction programme, which aims to deliver annual savings of £20m, is still on course.

About Author



Related Articles

Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • March 18, 2018ProWein
  • March 21, 2018World Olive Oil Exhibition
  • March 28, 2018FOOD INDUSTRY
  • April 4, 2018The leading event for the snack and food-on-the-go market
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber

Subscribe Here