Maeil Dairies

Maeil Dairies, a Korean manufacturer of milk products, infant formula, coffees and juices, has entered into a joint venture agreement with Hangzhou, China based Beingmate Baby & Child Food, a leading Chinese baby formula manufacturer, to develop new health-focused baby milk products. Named Hangzhou Beingmate Maeil Food Company, the joint venture will reportedly focus on the production of a special instant formula for premature or low-weight babies, lactose-intolerant infants and …