Danone Boosts Baby Formula Imports to US Amid Supply Crunch, Reuters Reports
May 20 2022 - 8:46AM
Dow Jones News
--Danone SA has more than tripled ocean imports of baby formula
to North America between January and May amid a supply crisis, with
more than 90% going to the U.S., Reuters reports, citing cargo data
from shipping consultancy Ocean Audit.
--Data from Ocean Audit shows the French food company sent more
than 2.4 million cans of baby formula to North America from Jan. 1
to May 1, compared with nearly 770,000 cans in the same period of
2021, Reuters reports.
--Danone is delivering dried milk from the U.K. and the
Netherlands, according to Reuters.
Full story: https://reut.rs/3wHDpNV
Write to Pierre Bertrand at pierre.bertrand@wsj.com
(END) Dow Jones Newswires
May 20, 2022 09:31 ET (13:31 GMT)
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