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Alliance Deploys Beef X-Ray Technology to Improve Packaging and Labeling
Nov 30, 2016Alliance Group has invested over $2m to install a new beef x-ray technology at two of its plants in New Zealand to improve packaging and labeling of meat products. The New Zealand red meat processor and exporter has deployed the new x-ray ...
Tags: Alliance, Beef X-Ray
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First Milk to Sell CNP Professional Business to Protein Partners
Oct 27, 2016First Milk has agreed to sell its Manchester-based CNP Professional business to The Protein Partners. The company took the decision after a full strategy review. First Milk said the move will allow it to focus more on its core product ...
Tags: First Milk, Protein Partners
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Fonterra Forecasts Market-Linked Organic Milk Price
May 13, 2016Following Fonterra’s recent announcement that it plans to introduce a market-linked organic milk price for its organic milk farmers, the Co-operative has forecast an opening market-linked organic milk price of $9.20 per kg milk solids ...
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Fonterra to Sell Australian Yogurt and Dairy Dessert Business to Parmalat Australia
Dec 21, 2015New Zealand-based dairy company Fonterra Co-operative Group is selling its Australian yogurt and dairy dessert business to Parmalat Australia. In this regard, both companies entered into negotiations which resulted in signingof the ...
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Fonterra’s Australian Business Invests $93.9m in Modern Cheese Facility
Dec 3, 2015New Zealand-based dairy cooperative Fonterra’s Australian unit is investing NZD$141m ($93.9m) in the construction of a modern cheese facility at its Stanhope factory premises. The new facility will be constructed in place of the ...
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First Milk to Sell Glenfield Dairy to Graham’s The Family Dairy
Dec 2, 2015First Milk has agreed to sell its Glenfield Dairy business to Graham's The Family Dairy. The financial details of the transaction have not been disclosed. The Glenfield Dairy sale is intended to allow First Milk to focus on its hard ...
Tags: First Milk, Glenfield Dairy, Family Dairy
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Fonterra and Beingmate Have Formed a Global Partnership That Will Help Meet China's Demand
Sep 9, 2014New Zealand dairy co-operative Fonterra Co-operative Group Limited and a leading Chinese infant food manufacturer Beingmate have formed a global partnership that will help meet China’s growing demand for infant formula. Fonterra ...
Tags: Fonterra, Infant Food
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MPI Has Found That Fonterra's Whey Protein Concentrate Ingredient Were Free
Aug 30, 2013New 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
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Fonterra Temporarily Suspended Consumer Operations in Sri Lanka After Faced Allegations
Aug 27, 2013Fonterra 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
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Dairy Giant Fonterra Has Temporarily Closed Its Operations in Sri Lanka
Aug 26, 2013Dairy 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 ...
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Fonterra and Dutch Firm a-Ware Food Plan to Set up a New Cheese Facility
Mar 5, 2013New Zealand-based multinational dairy co-operative Fonterra and Dutch firm A-ware Food have announced a partnership to set up a new cheese facility and dairy ingredients plant in Heerenveen, Netherlands. Fonterra chief executive officer ...
Tags: Fonterra, A-ware Food, cheese facility, dairy ingredients plant
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Fonterra Plans to Invest More Than NZ$100m to Set up a New Ultra-High Temperature Facility
Mar 1, 2013New Zealand-based multinational dairy co-operative Fonterra plans to invest more than NZ$100m ($82.44m) to set up a new ultra-high temperature (UHT) milk processing facility at its Waitoa site in Waikato. This move is a part of Fonterra's ...
Tags: multinational dairy co-operative, Fonterra, ultra-high temperature milk
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Unusual Weather Has LED Theo Spierings to Forecast an Increase in Global Dairy Prices
Dec 12, 2012Unusual weather around the world, including the drought this summer in the US, has led Fonterra CEO Theo Spierings to forecast an increase in global dairy prices in the first half of 2013. Spierings also pointed to weather events in ...
Tags: dairy price, dairy industry, food industry, Spierings
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Dairy Giant Fonterra Loweres Its Forecast for Annual Earnings in Its Next Financial Year
Dec 11, 2012Dairy 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
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Fonterra Has Announced Plans to to Raise up to NZ$525m for a New Shareholder Trust
Oct 26, 2012Fonterra,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 ...