European seller joins Global Dairy Trade

Date: 13.06.2023Source: Global Dairy Trade

Global Dairy Trade (GDT) is excited to announce that European seller Solarec is joining GDT, with the potential of offering a range of dairy ingredients including Butter, Skim Milk Powder (SMP), Whole Milk Powder (WMP) and Mozzarella (MOZZ).

Solarec, 100% owned by 5 cooperatives (Laiterie des Ardennes accounts for 90%), is mostly a B2B dairy producer based in the fertile and diverse Belgian Ardennes. Solarec transforms 1.55 billion litres of milk annually from two production sites (Recogne and Baudour) into 110,000 tonnes of milk powder, 50,000 tonnes of butter, and 190 million litres of UHT milk. Recently, the company has added mozzarella to its product range, with a potential annual production of 32,000 tons. They supply products to more than 80 countries on all five continents.

Solarec Managing Director, Louis Ska, said, “Joining GDT allows us to obtain credible reference prices for our products on an efficient and reliable platform. It also provides us with access to a worldwide pool of active buyers. This fits well with our strategic plan and the aspirations of our shareholders.”

Added Geoffrey Paulus, Solarec Sales Director: “We are pleased to be partnering with GDT to help meet global demand and trusted dairy standards.” 

Shaun McCauley, Global Dairy Trade’s Managing Director Europe, is delighted that Solarec sees the potential in leveraging the GDT Events platform to expand their business and gain access to new customers around the globe.

Said McCauley: “We are proud to support Solarec as they grow to meet the future of dairy. Solarec will benefit from enhancements to the GDT platform designed to better meet the needs of European participants. These enhancements will not only benefit Solarec, but also the broader European dairy industry, as they will facilitate increased price transparency for a wide range of core European dairy ingredients to be offered on our world-leading price discovery platform. Our strategic shareholding partnerships with EEX, NZX, and Fonterra further strengthen our position in supporting the growth of dairy risk management instruments, ultimately benefiting Europe as a whole.”  For more visit globaldairytrade.info

David Cox / IDM

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