Fonterra to develop third dairy farm hub in China New Zealand-based global dairy giant Fonterra Co-operative Group Ltd (Fonterra) has announced it has signed an agreement with US pharmaceutical and health care company Abbott Laboratories ...
Tags: Fonterra, a proposed dairy farm hub, Food
Fonterra, a New Zealand-based dairy co-operative, has entered into an agreement with Abbott Laboratories to develop a new dairy farm hub in China. According to Fonterra, the move comes in response to the growing demand for quality ...
Tags: Fonterra, dairy farm, Food
Fonterra, a New Zealand-based dairy co-operative, has signed an agreement with Abbott Laboratories to establish a new dairy farm hub in China. The move comes in response to the growing demand for quality milk in China. Both the ...
Tags: Fonterra, dairy farm, Food
UK-based dairy foods company Dairy Crest has entered into a strategic agreement with New Zealand-based dairy co-operative Fonterra to sell demineralised whey powder. Under the agreement, Fonterra will market and sell two Dairy Crest ...
Tags: Agriculture, Food, dairy foods
New Zealand-based dairy giant Fonterra and Swiss food major Nestle have opened a new dairy distribution facility in Araras, Brazil, with an investment of NZ$45m. The facility was set up through the companies' South American joint venture ...
Tags: Fonterra, Nestle, Dairy Distribution
Fonterra has received approval from it board of directors to establish a NZ$235m milk powder plant at its Pahiatua site in the Manawatu, which will enable it to process an additional 2.4 million liters each day. The announcement follows ...
Tags: Agriculture, Food, milk, milk powder
Fonterra, a New Zealand-based dairy co-operative, has said that it could face a legal challenge from French dairy major Danone over an infant formula contamination scare. The company had discovered a potentially fatal ingredient in a ...
Tags: Agriculture, Food, dairy
Fonterra, a dairy co-operative in New Zealand, has increased its stake to 9.06% in Australian dairy firm Bega Cheese. The co-operative said in a statement to the Australian Securities Exchange that it has purchased an additional three ...
Tags: Fonterra, Bega Cheese
Fonterra, a dairy co-operative in New Zealand, has purchased a 6% stake in Australian dairy firm Bega Cheese for A$46m. As per the deal, the New Zealand co-operative purchased 9.3 million shares at AUD4.95 per share. Fonterra CEO Theo ...
Tags: Fonterra, Bega Cheese
Fonterra, a New Zealand-based dairy firm, is stepping towards the launch of its own branded milk formula in China, following the recent allegations that its products contained botulism-causing bacteria. Fonterra CEO Theo Spierings was ...
Tags: Fonterra, Milk Formula
Fonterra has posted NZ$736m ($608m) in net earnings for the full-year 2013, an 18% increase compared with NZ$624m in 2012, despite a drought which resulted in lower milk production in Australia. The co-operative cited strong demand in ...
New Zealand’s Ministry for Primary Industries (MPI) has found that Fonterra’s whey protein concentrate ingredient and the products made using it, including infant formula, were free from Clostridium botulinum. MPI has carried ...
Tags: Fonterra, Botulinum Concerns
Fonterra has temporarily suspended its consumer operations in Sri Lanka after it faced allegations that some of its milk products were contaminated. The protests comes after claims by the Sri Lankan authorities that some of Fonterra's ...
Tags: Fonterra, milk products
Dairy giant Fonterra has temporarily closed its operations in Sri Lanka, including its plants and office, due to the unstable situation in the country. This move of the company is to protect its people and farmer shareholders' assets from ...
China's consumer quality watchdog issued a warning Monday morning over two potentially tainted New Zealand-made Karicare-brand infant formula products because of botulism concerns. The General Administration of Quality Supervision, ...
Tags: NZ Milk