Market News
Permeate Market Key Developments:
- In August 2018, Glanbia Nutritionals and Proliant Dairy Ingredients entered into a joint venture to set up a plant in Michigan to produce whey protein by investing US$ 85 million. This helped the company in expanding its product portfolio and thereby increase its customer base.
- In June 2018, Idaho Milk Products, a company that converts raw milk into milk protein concentrate, and milk permeate announced an expansion facility of worth US$ 26 million in Michigan, U.S. This facility is expected to increase the company’s overall production capacity by 1 million pounds per day and thereby cater towards expanding the company’s product portfolio.
- In March 2015, Glanbia plc., an Ireland based nutritional ingredients company started operations at its plant in Waterford, Ireland. This helped the company in expanding its product portfolio and thereby increase its market presence in Ireland.