VegNews1d
It’s a New Era for Oat Milk: “We Are Committed to a More Sustainable Future”
The next wave of innovation in the plant-based milk market is here with barista-focused oat milk, eco-friendly packaging, and ...
Channel NewsAsia Singapore23d
Oatly to close its Singapore plant, 34 employees affected
SINGAPORE: Swedish drink company Oatly announced on Wednesday (Dec 18) the closure of its Singapore plant in Senoko after three years in operation. The move aims to improve the company's "future ...
Just-Food24d
Oatly to close Singapore facility as cost cuts continue
Oatly’s oat-based milk drinks. Credit: Maddie Red / Shutterstock.com Oatly plans to close its Singapore manufacturing facility as part of a strategy to reduce costs and take the oat-drinks ...
The Motley Fool21d
Why Oatly Stock Was Sinking This Week
The latest implementation of this is the closure of a factory in Asia. On Wednesday, Oatly announced the closure of a company-owned production facility in Singapore. This is the latest ...
Asia One22d
Oatly shuts down Singapore plant: 59 employees to be laid off, including 25 from Yeo's
Oatly, a Swedish drink manufacturer, partnered with Yeo's in 2019 to build a $30 million plant in Singapore to produce its oat milk. The facility opened in October 2021.
Yahoo Finance24d
Oatly to close Singapore facility as cost cuts continue
Oatly plans to close its Singapore manufacturing facility as part of a strategy to reduce costs and take the oat-drinks business into profitability. Sweden-headquartered Oatly said it expects to ...
Seeking Alpha23d
Oatly closes its Singapore facility as part of asset-light supply chain strategy
Oatly Group AB (NASDAQ:OTLY) announced on Wednesday the closure of its Singapore facility in the Europe & International segment. The Sweden-based company said the action aligns with its asset ...
The Straits Times23d
Swedish oat milk producer Oatly to shut down its Singapore facility
SINGAPORE - Swedish oat milk producer Oatly is closing its manufacturing facility in Singapore, the company’s first factory in Asia, after evaluating its supply chain network in the region.
Channel NewsAsia Singapore22d
Yeo's lays off 25 employees after Oatly closes Singapore plant; 59 workers affected in total
SINGAPORE: Food and beverage company Yeo’s will lay off 25 workers following Oatly's decision to close its Singapore plant. This is on top of the 34 Oatly employees in Singapore who will be ...
Nasdaq23d
Oatly Group AB Announces Closure of Singapore Facility to Streamline Operations and Reduce Costs
Oatly Group AB, the world's leading oat drink company, announced the closure of its Singapore manufacturing facility as part of its asset-light supply chain strategy, aiming to improve cost ...
Nasdaq21d
Why Oatly Stock Was Sinking This Week
For alt-milk products specialist Oatly Group (NASDAQ: OTLY), the weekend likely can't come fast enough. The company's stock was having a rough time on the market; according to data compiled by S&P ...