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Sa Des Eaux Minerales Devian Saeme and Danone Inc. | Date: 2014-04-10

The plastic bottle (1) is filled with liquid and provided with a rigid neck (4) that defines a narrow opening (5) with an inner diameter (D5) typically inferior to 40 mm. A flexible sheet-like cover member (C), having a lower closing element and an upper reinforcing element, is provided to seal the opening A reinforcing portion (10) of the reinforcing element (C2) is directly fastened to a central portion (6) of the closing element in contact with the annular upper face (F) of the neck and reinforces this central portion. A first surface (S1) suitable for displaying label information is defined by the reinforcing portion. The outer rim (8) of the reinforcing element extends along or close to a rim (4d) of the face (F). An optional pull tab (9) forming part of the closing element (C1) and/or an extension portion forming part of the reinforcing element (C2) may be provided.


The container (1) for a dairy product or similar food composition is provided with a hollow body (2), a bottom (2a) and an opening (6) typically surrounded by a generally planar annular flange (7) connected to the top of the body. Two flexible closure lids (15, 20) are used to define with the side wall of the body an upper compartment that extends between the two lids. The lower compartment is filled with the food composition. The inner lid (15) has an annular outer portion which is in continuous annular contact with an inner shoulder of the side wall (4) and extends upwardly from a central covering portion. A spoon (18) or other solid content may be provided in the upper compartment, below the outer lid (20). Several identical containers (1) can be grouped in a pack with breakable junctions at an outer side edge of the flange.


News Article | October 29, 2015
Site: www.sltrib.com

Danone rose as much as 3 percent in Paris and Nestle also gained Thursday after China said it will lift its one- child policy, boosting the outlook for sales of infant nutrition. Danone shares advanced as much as 3 percent to 65.16 euros, while Nestle added as much as 0.7 percent to 76.25 Swiss francs in Zurich. Mead Johnson Nutrition Co. rose as high as $83.75 in New York trading, a 5 percent gain. Danone, Nestle and Mead Johnson are among the biggest players in China's $19 billion baby-formula market, which represents about a third of the industry globally. China's announcement is good news for all such companies, according to Pierre Tegner, an analyst at Natixis in Paris. He estimates that baby food in China represents about 7 percent of Danone's earnings.


News Article | November 3, 2015
Site: economictimes.indiatimes.com

NEW DELHI: Jubilant FoodWorks has appointed S Murugan Narayanaswamy as senior vice-president of marketing for Domino's Pizza's India operations, according to a senior executive. Jubilant operates the pizza brand in the country. Narayanaswamy, who was working with Kansai Nerolac Paints prior to this assignment, replaces Harneet Singh Rajpal who quit the pizza maker in August this year.


News Article | October 29, 2015
Site: www.bloomberg.com

The foreign-exchange market grabbed the spotlight on the final day of what’s been the best month for global equities in four years. The yen rallied after the Bank of Japan refrained from expanding a record stimulus program, China’s yuan advanced on further steps to increase convertibility and the dollar erased its monthly gain against major peers. The Standard & Poor’s 500 Index slipped as it pared its October rally to 8.3 percent, while the the Stoxx Europe 600 Index trimmed is best monthly advance since July 2009. “We have had some big moves in currencies this week” and the dollar’s decline is “reflected pretty much across the board,” said Michael Sneyd, a foreign-exchange strategist at BNP Paribas SA in London. “We remain positive on the dollar, however, we are cautious over the next couple of weeks because we think data from the U.S. is at best going to be mixed.” Central banks have dominated markets this month, with a weak U.S. jobs report jolting equities out of a summer swoon and sinking the dollar on speculation the Federal Reserve would keep interest rates pinned near zero into 2016. Persistent signs of weak global growth prompted the European Central Bank to hint at potential extra stimulus, while China unexpectedly cut its lending rate. The dollar declined after U.S. inflation and consumer spending figures trailed estimates, damping the outlook for the economy. The Bloomberg Dollar Spot Index weakened 0.4 percent at 4 p.m. in New York, leaving it 0.3 percent lower for the month. The euro climbed 0.2 percent to $1.0993. Japan’s currency strengthened versus the dollar after Friday’s decision to continue expanding the monetary base by 80 trillion yen ($664 billion) a year. The yen added 0.6 percent to 120.54 per dollar. It’s lost about 10 percent of its value versus the greenback since the BOJ increased stimulus a year ago, with most of that occurring before the end of 2014. The yuan climbed 0.6 percent in onshore trading, and 0.3 percent offshore. The People’s Bank of China said it will consider a trial program in the Shanghai free trade zone allowing domestic individual investors to directly buy overseas assets. The S&P 500 slipped 0.4 percent to 2,079.36, trimming the best monthly advance since October 2011. The gauge has rallied 11 percent since its Aug. 25 low and trades above its average price for the past 200 days. “It’s not like the market is falling out of bed, but when you combine that with how much we’ve been up lately, it gives us an excuse to pull back,” said Matt Maley, an equity strategist at Miller Tabak & Co. in New York. “We just had this huge rally -- pulling back is normal and healthy.” Valeant Pharmaceuticals International Inc. lost 16 percent as the drugmaker said it will terminate a relationship with Philidor Rx Services after Bloomberg News reported that the closely associated pharmacy had altered doctors’ prescriptions to wring more reimbursements out of U.S. health insurers. The Stoxx 600 fell 0.1 percent amid mixed corporate results. It still rose 8 percent in October, the most since 2009, after President Mario Draghi said the European Central Bank will consider additional easing in December. The gauge is rebounding from a quarterly rout, led by gains in carmakers, miners and energy producers -- the groups most battered in the selloff. The MSCI All-Country World Index ended Friday little changed. The gauge surged 7.7 percent in October. Japan’s Topix capped its biggest monthly gain in more than two years. The Nikkei 225 Stock Average closed at its highest level since August. A gauge of 20 emerging-market currencies advanced for the first time in six days. Russia’s ruble rose 0.4 percent against the dollar after the central bank left interest rates unchanged for a second month. The MSCI Emerging Markets Index rose 0.1 percent, trimming its first weekly decline in October. The gauge rose 7 percent in October, the most since April. The Bloomberg Commodity Index advanced 0.7 percent to trim a fourth monthly retreat to 0.5 percent. Crude ended below $50 a barrel for a fourth straight month amid a global glut that’s showing no signs of relief. West Texas Intermediate crude futures ended the month on a three-day winning streak, rising 1.4 percent Friday to settle at $46.70 a barrel in New York. Commodities have suffered on excess supply and China’s economic slowdown, with a London metals index set for a sixth monthly decline, and energy companies posting more than $19 billion of writedowns in a week because of low prices. Royal Dutch Shell Plc announced its worst loss in 16 years on Thursday, including $8.2 billion in impairments. Chevron Corp. said it’s cutting about 10 percent of its workforce and scaled back its long-term production target amid the worst oil-market slump since the 1980s. Exxon Mobil Corp. posted higher-than-expected profit as soaring margins on processing oil into fuels blunted the impact of collapsing crude markets. Gold posted the biggest weekly decline since August amid renewed concern that the Federal Reserve will raise interest rates in December. Futures slipped 0.5 percent Friday to settle at $1,141.40 an ounce in New York, after touching $1,138.40, the lowest since Oct. 9. Prices dropped 1.8 percent this week, the most since Aug. 28. U.S. government bonds rose, following a two-day decline. The 10-year yield dropped two basis points to 2.15 percent. Germany’s 10-year yield fell one basis point to 0.52 percent. Treasuries still capped the worst week since August, with two-year note yields surging after the Fed hinted it may raise rates this year. Companies from Microsoft Corp. to American Express Co. and Norfolk Southern Corp. rushed back to the bond market to lock in cheap borrowing costs before the central bank ends its unprecedented zero-rate era. Fed Chair Janet Yellen and policy makers signaled this week they remain prepared to raise their key rate as soon as their next meeting starting Dec. 15, pushing the perceived odds of a rate increase to 50 percent.


The lack of refrigeration facilities in the developing countries, and increasing busy schedules of people are key growth drivers for the global UHT milk market. The Asia-Pacific UHT milk market is expected to witness the fastest growth, with a CAGR of 20.6%% during 2015 - 2020. The whole variant is expected to witness fastest growth with a CAGR of 14.4% during the forecast period. The supermarkets and hypermarkets dominated the sales among distribution channels in the global market. Milk is one of the essential food products consumed in every family. However, owing to the perishable nature, regular liquid milk is not purchased by the end-users in large volumes. Therefore, UHT milk is consumed worldwide, as an alternative to regular milk. The evolving consumer trends, such as on-the go consumption of milk is also boosting the growth of the global market of UHT milk. Earlier, milk was usually consumed during the breakfast or dinner. However, during the past few years, a shift in dietary trends has led to its pervasive consumption. Now-a-days, milk is consumed by individuals while in school, playground, gymnasium, and office. The government in many countries has been providing milk to children for promoting their growth. The sports and business people carry milk, in order to consume it on-the-go. This trend has affected the growth of the global UHT milk market in positive terms, as they can be carried safely to places without the need for refrigeration. The information and data in the publication "Global UHT Milk Market Size, Share, Development, Growth and Demand Forecast to 2020 - Industry Insights by Segment (Whole, Semi-Skimmed, Skimmed), by Distribution Channel" represent the research and analysis of data from various primary and secondary sources. A Bottom-up approach has been used to calculate the global UHT milk market by segment. The market numbers for countries are obtained through top-down approach. P&S Market Research analysts and consultants interact with leading companies of the concerned domain to substantiate every value of data presented in this report. The company bases its primary research on discussions with prominent professionals and analysts in the industry, which is followed by informed and detailed, online and offline research. With the increasing urbanization, the adoption of several trends related to lifestyle and well-being are in practice within the developing countries of Asia-Pacific, Middle East, and Africa. The growing apartment culture in countries, such as China and India is influencing the consumers to use products with larger shelf life. UHT milk accounts for approximately 60% share of the total milk consumption in China. The weaker economic conditions in Europe have propelled the demand for cheaper products in the past few years. Milk being one of the inherent parts of everyday meal for the majority of European population, its affordability is important for most of the households. The private label UHT milk brands offered by supermarkets and hypermarkets are relatively cheaper than, those offered by established brands. This offsets the negative impact of economic slowdown, as the consumers have an option to switch towards the substitutes of their preferred brand in the economically crunch situation. The major companies operating in the global UHT milk market include Nestle SA, Groupe Lactalis S.A., Fonterra Co-Operative Group Limited, Danone Limited, Grupo Lala, S.A.B. de CV, Sodiaal Group, Inner Mongolia Yili Industrial Group Co. Ltd., China Mengniu Dairy Company Limited, Devondale Murray Goulburn Co-Operative Co. Limited. P&S Market Research is a market research company, which offers market research and consulting services for various geographies around the globe. We provide market research reports, industry forecasting reports, business intelligence, and research based consulting services across different industry/business verticals. As one of the top growing market research agency, we're keen upon providing market landscape and accurate forecasting. Our analysts and consultants are proficient with business intelligence and market analysis, through their interaction with leading companies of the concerned domain. We help our clients with B2B market research and assist them in identifying various windows of opportunity, and framing informed and customized business expansion strategies in different regions.


News Article | October 29, 2015
Site: www.bloomberg.com

Danone rose as much as 3 percent in Paris and Nestle SA also gained after China said it will lift its one-child policy, boosting the outlook for sales of infant nutrition. Danone shares advanced as much as 3 percent to 65.16 euros, while Nestle added as much as 0.7 percent to 76.25 Swiss francs in Zurich. Mead Johnson Nutrition Co. rose as high as $83.75 in New York trading, a 5 percent gain. Danone, Nestle and Mead Johnson are among the biggest players in China’s $19 billion baby-formula market, which represents about a third of the industry globally. China’s announcement is good news for all such companies, according to Pierre Tegner, an analyst at Natixis in Paris. He estimates that baby food in China represents about 7 percent of Danone’s earnings. A committee of China’s ruling Communist Party approved plans to allow all couples in China to have two children, the official Xinhua News Agency said Thursday at the end of a four-day party gathering in Beijing. There’s been a worldwide boom in the flow of baby food to China, with quantities ranging from single cans sold via Amazon.com Inc. to 25 metric-ton orders through suppliers on Alibaba.com. Since a 2008 infant-formula scandal that hospitalized 50,000 babies, the Chinese have sought out foreign-made brands. That’s accelerating now with the development of online marketplace sites such as Alibaba Group Holding Ltd.’s Tmall.com and Taobao. About 30 percent of baby formula consumed in China is ordered via the Internet following a “very, very quick shift” in purchasing patterns, according to Danone Chief Executive Officer Emmanuel Faber. Much of Danone’s European sales growth in recent quarters has come from exporting products to Asia.


News Article | October 30, 2015
Site: www.businessinsider.com

Shanghai (AFP) - Family entertainment giant Disney on Friday welcomed Beijing's scrapping of the one-child policy as investors bumped up Chinese "baby concept" stocks, but analysts warned the benefits to companies might be limited. China announced the end of its controversial family planning policy at the close of a meeting of the ruling Communist Party on Thursday, with a communique saying all couples will be allowed two children. On a visit to China, Walt Disney chief Robert Iger said the change was "good timing" for the US company as it prepares to open a theme park in the commercial hub Shanghai. "It was good timing... Obviously kids are good for Disney," Iger told a conference in Shanghai, to audience laughter. The Walt Disney Co. and Chinese partner Shanghai Shendi Group broke ground on the $5.5 billion park in April 2011. The opening was originally planned for this year, and was later pushed back to 2016. But Disney, whose businesses range from movies to merchandise, believes the world's most populous nation has strong potential regardless of the family planning rules, Iger said. "China is a good market, policy change or not," he said. "Yes, we love kids of course, but we love everybody." Other beneficiaries include global dairy-related companies such as France's Danone and Mead Johnson Nutrition of the United States, whose stock prices rose on Thursday after the policy change was announced. A series of food safety scandals in China, including one in 2008 when several infants died and thousands fell ill because of poisoned milk, has driven demand for foreign infant formula brands. The relaxation of the policy comes as China's working age population is shrinking and social tensions are on the rise, and the policy has created a significant gender imbalance given a traditional preference for boys. "The relaxation will likely lead to a higher birth rate in China," UBS Securities Asia said in a research report, but added that the extent of the rise was "uncertain as birth rates in its East Asian neighbours are also very low". "Short-term benefits of the policy relaxation will be limited, as demographic shifts tend to be very long term," it added. Some urban Chinese couples cite the cost of raising a child as a disincentive to having more than one. But entrepreneur Liang Yan, who runs her own store Little Angel selling baby milk powder and clothing in the northern province of Shanxi, welcomed the change -- especially given slowing growth which has forced her to shut two other shops. "More babies means higher demand and more customers," she told AFP. "Who knows what people think of the policy. But after a couple of years, our sales should be able to jump." Stock investors also cheered the news, pushing up listed Chinese companies which offer products for children. Beingmate Baby and Child Food surged by its 10 percent daily limit on the Shenzhen market on Friday, despite previously reporting a first-half net loss of more than 100 million yuan ($16 million). Shenzhen-listed Nappy provider C&S Paper also surged 10 percent in Shenzhen while Guangdong Alpha Animation and Culture, which produces animation and toys for children, jumped 7.87 percent. In Shanghai, milk producer Bright Dairy and Food gained 4.12 percent. But one analyst warned the gains might be short-lived. "The market has speculated on the baby concept for years, but how this policy (change) will actually affect companies is still unclear," Zhang Qi, an analyst from Haitong Securities, told AFP. "The easing of the one child policy might not have such a big effect on the birth rate as it's difficult to reverse the current population structure," he said.


News Article | November 1, 2015
Site: www.ibtimes.com

Shares of condom companies in China dropped last week while companies that sell infant formula, nappies and strollers received a boost, as the global investment community prepared to understand the long-term business implications of China’s decision to scrap its one-child policy. The controversial family-planning program began in 1979 to curb a surging population at a time when extreme poverty was widespread in China. And analysts say the policy shift, which comes after more than 30 years of enforcing the one-child rule for urban residents -- could lead to between 3 and 8 million extra births a year in the country. Shares of Japanese condom maker Okamoto Inc., whose condoms are extremely popular with Chinese tourists, tanked by 10 percent in Tokyo since the Chinese Communist Party’s ruling at its fifth Plenum meeting in Beijing Thursday. Shares of London-based Reckitt Benckiser Group Plc, the maker  of Durex condoms, also fell. On the other hand, shares in China Child Care Corp., which makes hair- and skin-care products for kids, ended the week 40 percent higher on the Hong Kong stock exchange. Formula makers in Hong Kong and mainland China also gained, led by Beingmate Baby & Child Food Co., which surged 10 percent on the Shenzhen stock exchange. “It will definitely be good for us,” a babywear store manager in Shanghai told International Business Times, adding: “Just imagine -- people will need more nappies, more milk powder, more baby clothes.” Shares of France-based infant-formula maker Danone rose 3 percent in Paris. The company along with Nestle SA is a big player in the $19 billion Chinese infant-formula industry where Japanese and European brands are seen as being safer and of better quality, according to reports. In New Zealand, which is China’s primary supplier of milk powder and other dairy products, the local dollar gained nearly a percent after the announcement. And the real estate industry too is looking at long-term impact of the impending population boom. However, investor enthusiasm is yet to rub off on analysts, some of whom say that the economic effect will be limited in the short term, as according to recent polls, the high cost of living in Chinese cities, low incomes and wider worries of an impending economic slowdown have discouraged most middle-class households from having a second child. “My feeling is that the impact of this change is going to take time,” Frank Chen, executive director of research for China at real estate company CBRE, told IBT.


News Article | October 30, 2015
Site: www.thehindubusinessline.com

Shares of baby stroller maker Goodbaby International Holdings Ltd and diaper maker Hengan International jumped on Friday after China scrapped its one-child policy. China's ruling Communist Party said on Thursday it would ease family planning restrictions to allow two children for all couples. Companies that cater to the childcare industry welcomed the news, with Goodbaby climbing 8.9 per cent, Hengan rising 3.3 per cent and skin care products maker China Child Care, formerly Prince Frog, gaining 17.3 per cent. Shares of infant formula maker Biostime International rose 11.8 per cent, milk powder maker Yashili International surged 9.6 per cent, and dairy products maker China Mengniu Dairy also climbed 6.7 per cent. Stock prices for baby food makers, which climbed after China pledged on Thursday to ease family planning restrictions, may have surged too soon, with analysts and one leading company predicting little chance of a significant bump in demand from the policy change. Shares for milk-powder maker Danone SA hit a five-month high and Mead Johnson Nutrition Co reached a two-month high. The announcement comes at a time when sales for baby food and milk formula companies have weakened due to China's economic slowdown and its campaigns to promote breastfeeding. Global prices for whole milk powder fell in July to levels not seen since 2009, according to the U.S. Department of Agriculture. But no baby boom is not expected to be forthcoming soon as small families are an engrained part of Chinese culture and adding more children is too expensive for many. Analysts note that an easing of policy in late 2013, allowing couples to have a second child in situations where one spouse was only child has only had a minor impact. As of June, only 1.5 million of the 11 million eligible couples had applied for second child. Mead Johnson, one of the top five international baby formula brands in China, said it did not expect the policy adjustment to "significantly impact births or birth rates in China, consistent with what we have seen in previous rounds of relaxation." ANZ analysts added that a huge impact on milk powder demand for New Zealand, the top dairy exporter to China, was unlikely. "It is primarily in the richer Eastern seaboard cities where consumers can afford formula based on New Zealand powders," they wrote in a note to clients. "Here, the policy has been less binding - particularly after the policy was relaxed somewhat in 2013, but also because wealthier people generally want fewer children. But it all helps at the margin." New Zealand has seen its shipments of whole milk powder slide 65 per cent in the first five months of 2015, according to the USDA. Shares in the shareholder's fund of New Zealand's Fonterra Cooperative Group Ltd, the world's biggest dairy exporter, made only modest gains on Friday morning. Retail sales of baby food in China in 2011 totalled 68 billion yuan, or about $10.7 billion, with sales of baby milk formula accounting for about 90 per cent of the value, the USDA said in a report last month, citing data from Euromonitor. Fred Gale, a senior economist for the USDA, said he did not expect a detectable impact on dairy demand from the change in policy due to the expense of raising a child in China - a sentiment echoed by Chinese citizens posting to microblogging site Weibo. But Bunge Ltd, a top global agricultural trader, is predicting the change will add millions more babies to China's population over the long term. The change is "good for demand, but it's not necessarily steaks," Bunge Chief Executive Soren Schroder told Reuters. "It's the whole spread of basic food, starting with infant nutrition and then working its way up to poultry, pork, processed foods of various types," he said.

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