Posts Tagged ‘ melamine ’

Beijing's Sanyuan To Rent Sanlu Assets

Jan 8th, 2009 | By ChinaRetailNews.com Editor | Category: Food & Beverage

Following confirmation of milk producer Sanlu's bankruptcy, Beijing-based rival Sanyuan has adjusted its acquisition plan and announced that it will rent some of Sanlu's assets.



Mengniu Predicts CNY900 Million Losses In 2008

Dec 29th, 2008 | By ChinaRetailNews.com Editor | Category: Food & Beverage

China's leading dairy group Mengniu has published a report, stating that according to the unaudited management accounts as of November 30, 2008 and other relevant documents, the group might see a CNY900 million loss in the year 2008.



China's Sanlu Enters Bankruptcy Process

Dec 26th, 2008 | By ChinaRetailNews.com Editor | Category: Law & Order

The Shijiazhuang-headquartered Chinese dairy group Sanlu has confirmed that the group had handed in a bankruptcy liquidation application to the Intermediate People's Court of Shijiazhuang and all the work was being carried out in accordance with legal procedures.



China's Sanyuan Sets Up Branch To Facilitate Sanlu Acquisition

Dec 12th, 2008 | By ChinaRetailNews.com Editor | Category: Food & Beverage

Beijing based Sanyuan Foods has published a report which says that its board of directors has approved a proposal to set up a subsidiary in Shijiazhuang to facilitate its proposed acquisition and merger with Sanlu.



Guanshengyuan To Explore Overseas Market With High-end Product

Dec 3rd, 2008 | By ChinaRetailNews.com Editor | Category: Food & Beverage

According to Weng Mao, chairman of Guanshengyuan Group, the company is preparing for a new market plan to launch a high-end product in overseas markets in 2009 and the product will be sold on the Chinese domestic market at the same time.



U.S. Food Producer Says Its Milk Powder Does Not Contain Melamine

Dec 1st, 2008 | By ChinaRetailNews.com Editor | Category: Food & Beverage

Following reports in Chinese media that its milk powder contains melamine, Mead Johnson, one of the major infant formula milk powder producers in the U.S., has announced that the reports were not true and its milk powder does not contain the harmful substance.