Dairy giant Fonterra has lowered its forecast for annual earnings in its next financial year, blaming currency fluctuations and "difficult" trading conditions in Australia and New Zealand. The New Zealand company said today (28 August) it ...
Tags: Dairy giant, Dairy, net profit, Fonterra
Danone and Fonterra are planning to acquire a controlling stake in India-based Tirumala Milk Products, a leading supplier of liquid milk in the country. The company's private equity investor Carlyle Group, and the promoters have started a ...
Tags: Danone, Fonterra, Tirumala Milk Products, liquid milk
Fonterra has struck a deal to buy the processing assets of New Zealand Dairies, which went into receivership last month. Russian baby food group Nutritek acquired a majority stake in New Zealand Dairies in 2008 and aimed to use the ...
Tags: Dairies Assets, receivership
Food Standards Australia New Zealand (FSANZ) has approved an application from dairy giant Fonterra to use hydrogen peroxide as a processing aid to control lactic acid-producing micro-organisms during the manufacture of certain dairy ...
Tags: peroxide, FSANZ, Fonterra, Australia, New Zealand, dairy, hydrogen
Arla Foods and Fonterra have teamed up with Danish analytical solutions provider Foss to develop a screening method to determine whether milk has been tampered with for financial gain. The'fingerprint'-based screening technique will ...
Tags: Arla, Fonterra, Foss, China, Denmark, milk, dairy, safety, melamine
US-based Batory Foods has introduced Simply Crisps, a crisp product high in protein for bakers and cereal manufacturers. In addition to Fonterra Whey Crisps under the Batory's ingredient list, Simply Crisps offers a wider choice. The new ...
Tags: crisp product, bakers and cereal manufacturers, ingredient list
Fonterra, a New Zealand multinational dairy firm, is upgrading its facility in Spreyton and Wynyard in Tasmania, Australia, with an investment of $6m, as part of its strategy to woo dairy farmers to supply milk to the company. According ...
The former CEO of Fonterra has joined the board of directors of US agribusiness giant Bunge. Ferrier, who left New Zealand dairy giant Fonterra in July last year, will join the Bunge board with immediate effect, the group said today (5 ...
New Zealand-based multinational dairy co-operative Fonterra is planning to establish a local office in Delhi, India in 2013, in order to take advantage of growing demand for dairy products in the country. The office will be headed by ...
Tags: dairy, local office, Delhi, Amul and Mother Dairy
Richard Webb contributes a valuable skill-set to the success of his company BALWYN, VICTORIA, AUSTRALIA, December 3, 2012 /24-7PressRelease/ -- Richard Webb, Director of Jewel Business Solutions, has been recognized by Worldwide Who's Who ...
Tags: Worldwide Who's Who, networking, career enhancement services
New Zealand dairy giant Fonterra aims to increase its presence in the Indian dairy market through the establishment of"on the ground"leadership in the country. Fonterra has appointed Hamish Gowans as general manager in India and announced ...
Tags: dairy market, first office, leadership
The New Zealand government plans to set up a model dairy farm in Burma, in order to support the country’s efforts to become more self-sufficient. The farm will be built with an investment of NZ$6m ($4.89m), over a period of five ...
Tags: New Zealand, government, dairy farm, Burma
New Zealand dairy giant Fonterra has announced plans to open two more large-scale dairy farms in China,increasing milk production and completing the groups first"farm hub"in Hebei Procince. The two additional farms bring the number of ...
Fonterra,the New Zealand dairy group,has announced plans to to raise up to NZ$525m(US$416m)for a new shareholder trust. The Fonterra Shareholders'Fund,revealed today(26 October),is designed to give third-party shareholders exposure to the ...
Multinational dairy co-operative Fonterra plans to close its century-old Cororooke facility,near Colac in south-west Victoria,Australia,by June 2013 as it is too expensive to be upgraded. The closure will be carried out in a phased manner ...
Tags: upgrade, closure, phased manner, jobs