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Dan Ice World 34th Issue – October 2015 Dear colleague, In this issue of our newsletter, we have some very exciting news for you. As to the trends of raw materials, we have seen the price of wooden sticks stabilizing at the lower levels and availability is good.

Skim milk powder is another story. The last 3 months we have seen so big fluctuations that have never been experienced in the history. We have seen prices falling by up to 40 - 45% within 3 weeks (although there were no sellers at these prices!) and then going up again with the same amount within 2 - 3 weeks.

Today, the price is somewhere around 2200 EUR, but fluctuations are definitely not excluded. However, more and more buyers seem to realize further downside opportunity is little to none, and some-where in the coming 6 months we might see a slowdown in milk production as current commodity prices are still well below cost price... In terms of new products from Danice we do have lots of news that you will see below... However, I would specially highlight our new

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packaging line within mould labelling (IML) that we offer at a very reasonable price level… Please see below the picture of our new packaging line.

Furthermore, we have expanded our operation into the dairy pro-ducts: yoghurt, drinking yoghurt, cream cheese, breakfast cream etc... We have developed some low cost recipes, especially for those of you whose equipments stand idle for the winter season! Some of our dairy products can be produced on the already exist-ing lines at many customers’ site! And that is very exciting news... Please feel free to share your interests and comments with us… Enjoy reading! Kind regards - Cameron Skandarioon New Products Our new packaging line within mould labelling (IML)

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New Trends within Ice Cream: Trend Key Factors right now, within ice cream, are words like “Indulgence”, “Healthy”, and “Individualism”. Below, we are pleased to give you some examples of new pro-ducts within this trend. Indulgence: Banoffee Enjoy a vanilla ice cream with banana pieces and a Banoffee ripple Toffee Fudge Give in to the temptation of creamy vanilla gelato, luscious toffee sauce and gourmet caramel curls

Salted Caramel Caramel ice cream with a swirl of salted caramel

Coffee Amaretto Savour a moment of refined mas-carpone gelato, decadent Coffee Amaretto sauce, ladyfinger coffee pieces and gourmet cocoa. Healthy: Organic products

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Greek Yoghurt Frozen Yoghurt with blueberry with mango chunks

Individualism: Self serving Choose your ice cream – Soft Ice or Yoghurt Ice Add toppings: Sauces: Chocolate, Strawberry, Mango, Raspberry, Forest Fruit, Passion Fruit Sundaes: Cherries, Exotic Fruit, Apple Pie, Red Fruit, Roses

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Transfer of Production – Integrated Products – Luxice™ I am pleased to inform you that the producer of our Luxice™ pro-ducts, Cargill Texturizing Solutions, will be transferring the produc-tion of all integrated products, that is Luxice™ stabilizers series 2000 to 8000, to their new state-of-the art plant in Turkey within the next few months. The reasons behind this are:

Moving to a modern factory with improved processing and quality standards

Offering a much higher capacity to follow the growth

of our customers

Convenient location, close to Istanbul main sea harbour and to logistic routes serving fast growing markets in Eastern Europe, Middle East and rest of the world.

The major changes that will occur are:

The packaging will be changing from 25 kg carton boxes to 25 kg paper bags

All products to be marked as “made in Turkey”

The production of Luxice™ 1000 series and below will remain in our French site. The Application Center, which many of you have visited in France, will also remain in France, which continues to do the product de-velopment and customer seminars...

We are now working with Cargill team to secure the smoothest transition including handling of the combined orders of integrated products and dry blended products that remain to be produced out

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of France. So I do not expect that this move will have a major im-pact in the way with do business with you.

Should you have questions, please revert to your Danice Team.

- Cameron Skandarioon Status on our Ice Cream Product Development Centre The rebuilding and upgrade of the Ice Cream Product Develop-ment Centre (IPDC) is now nearly completed, and the Ice Cream equipment used for the various tests is being installed.

The equipment, to be installed permanently in the new enlarged process area, com-prises a Mix Prepara-tion Unit, a selection of Tetra Pak Con-tinuous Freezers and Ingredient Dozers of the newest genera-tion and an Extrusion work table. In addition to this, the PDC has a large range of equipment

for tests within freezing, filling, extrusion and moulding, which can fulfil requests for almost any test setup. Now, it is possible for our customers to utilize the PDC by making tests on new recipes, test various solutions on our equipments, or in cooperation with Dance and our Ice Cream Academy to initiate a product development.

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The good news is that all you need is gathered in one place: Danice and its ingredients, Ice Cream Academy and PDC with all needed equipment! In order to book and find out about fees and available slots, please contact us. Price Trends for Oils It seems that the oil market is getting more bullish and expects higher prices in coming months. That is what we read from the graph below…. A good advice is to cover the season on time be-fore prices go higher.

Some of the analysts, working on the oil market, have some posi-tive view on the coming months. As one analyst puts it: “Palm oil is a reminder that there are still opportunities for commod-ity bulls with a 19% advance. The world’s most-used edible oil capped the biggest advance since 2009 last month, surging into a bull market after entering a bear market just a month earlier, as the strongest El Nino in almost two decades threatens to parch crops in Southeast Asia.” Furthermore it is expected that the “Production may decline in the first and second quarters of 2016 as the moisture deficit from El Nino and a low yielding period from January start to affect crops, according to Dorab Mistry, director at Godrej Industries Ltd.

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Looking at the graph on the previous page, we do foresee higher prices. Discuss your forecasts with us! For those who do not want to speculate in the oil market, we have the possibility to make con-tracts at locked on prices. If you are interested, please contact your sales managers at Danice. Upcoming Exhibitions Danice is going to participate in the below exhibitions. Please let us know if you want us to arrange for a meeting. We hope that we shall meet. Gulfood, Dubai 27 – 29 October 2015. You will find Danice in Za’beel Hall – Stand Z-C2 FI Europe & Ni, Paris, 1 – 3 December 2015 Danice will be there, but without our own exhibition Sigep, Rimini, 23 – 27 January 2016 You will find Danice in Booth 65-Hall C3

We hope that you have enjoyed this newsletter. If you have any comments, please do not hesitate to contact lone.buus@tetrapak.com. If you are interested in getting previous issues of Dan Ice World please let us know.