President and CEO Dan Fachner said the company is looking at a new product concept.

Through the program, Danone also plans to increase its use of renewable energy.

Potential applications include beverages and dairy items.

Postbiotics, which aren't alive, are heat-treated probiotics.

Solving the stretching, melting and browning issues could boost a growing category.

Potential applications for Citri-Fi ingredients include dairy alternatives, beverages, ice cream and frozen foods.

The facility's features include a dairy processing pilot plant.

The transaction could result in a write-off of up to $1 billion.

Lise Kingo and Gilbert Ghostine are replacing Guido Barilla and Cécile Cabanis on Danone SA's board.

The product line of naturally sourced colors can be applied to foods and beverages.