date:Jul 04, 2013
kaging facility to guarantee its total capacity reaching 50,000 tons by 2016. Meanwhile, Biostime agreed to purchase 18,000 tons of infant formula from ISM per year from 2016.
Biostime and ISM started working together in 2011. Luo Fei, CEO of Biostime, said they need the steady and sufficient supply of milk from Europe.
In March, Biostime signed an agreement with La Laiteriede Montaigu, another French diary provider, to purchase at least 10,000 tons of products from the latter from 2014 to 201