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Big Brands > Fonterra

Fonterra and Beingmate unveil China infant formula partnership

Fonterra is prepared to pay NZ$615m (US$514m, €390m) for a 20% stake in Chinese baby food manufacturer Beingmate in its latest attempt to expand its presence in China’s lucrative infant formula...

DSM Q2 nutrition profits slip 11% as key markets struggle

Sales slipped 6% and net profits 11% in Q2 for DSM’s human and animal nutrition arm as adverse currency movements, a slow US vitamins and omega-3 food supplements market and...

Fonterra slashes FGMP forecast citing 'continuing volatilty'

Fonterra has reduced its farmgate milk price (FGMP) forecast for the 2014/15 to NZ$6.00 (US$5.11, €3.80) per kg of milk solids (kgMs), citing "continuing volatility."

Job cuts proposed at botulism scare impacted Fonterra Canpac plant

Fonterra has acknowledged that proposed job losses at its under-capacity Canpac packing plant can be attributed in part to last year's whey protein concentrate (WPC) botulism scare.

Danone slams NZ High Court for 'undue delay' in Fonterra WPC case

Danone has slammed a New Zealand High Court decision to stall its legal battle to recoup money lost as a result of the Fonterra whey protein concentrate (WPC) botulism scare....

Abbott making 'progress' repairing Fonterra botulism scare damage

Abbott Laboratories' CEO believes the company has “recovered about as well" as it could have in the year since the Fonterra WPC botulism scare that led it to recall infant formula in China,...

China

Abbott and Fonterra to join forces in widespread China expansion

A US-based infant formula major and New Zealand’s biggest exporter have joined forces to build up to five dairy farms in China to secure supply for China’s newfound voracious appetite...

Top 20 Dairy Manufacturers - the Ups and Downs of 2013

European dairies Nestlé, Danone and Lactalis made up the podium in the latest Rabobank Dairy Top 20. Can you guess how the likes of Fonterra, Saputo, Yili and Mengniu lined up?

Fonterra and Dairy Crest enter infant formula ingredients partnership

Dairy Crest and Fonterra have entered into a strategic partnership to produce and market infant formula ingredients, demineralized whey powder and galacto-oligosaccharide (GOS).

Fonterra, Dairy Crest quiet on demineralized whey partnership reports

British firm Dairy Crest has confirmed it will be “partnering with someone” to supply demineralized whey powder for infant formula, but declined to confirm reports it is close to sealing...

2014 SPECIAL EDITION: DAIRY PRODUCT QUALITY TESTING

Fonterra never checked Sanlu's dairy products prior to deadly China melamine crisis, study warns

Decentralized milk supply chains were largely to blame for the melamine scandal that bankrupted China’s Sanlu in 2008, but its partner Fonterra's experience ‘did not appear helpful’ in stopping deadly...

News in brief

Fonterra names new global operations head

The world’s biggest dairy exporter has appointed a new head of global operations, with Robert Spurway taking on the newly-created position on Fonterra’s management team.

China cuts number of permitted imported infant formula brands to less than 100

Just 94 foreign infant formula brands have so far been given approval for sale in China under new regulations - down from reportedly more than 800.

Nestlé, Fonterra divide up Latam JV Dairy Partners Americas

Fonterra and Nestlé have "realigned" their decade-old Latin American joint venture, Dairy Partners Americas, to "better reflect" the strategic focus of each company....

News in brief

NZ to establish post-WPC scare food safety advisory panel

Following last year's whey protein concentrate (WPC) botulism scare, the New Zealand government has announced plans to establish a Food Safety and Assurance Advisory Council that will provide it with...

Former Amcor exec fined for 'major role' in Fonterra tender fix

A former Amcor executive has been ordered to pay a NZ$60,000 fine for the “major role” he played in attempting to fix a 2004 call for tender by Fonterra.

Fonterra fined NZ$300k for WPC food safety failings

Fonterra has been fined NZ$300,000 (US$256k, €187k) by a New Zealand court after admitting four food safety violations relating to last year's whey protein concentrate (WPC) recall.

Woolworths private label milk contract losses will 'impact volumes': Lion

Australian processor Lion Dairy has admitted that being dropped as Woolworths’ private label milk supplier in Victoria and Western Australia “will impact volumes” at two plants.

Fonterra budgets NZ$11m for Danone WPC recall lawsuit

Fonterra has budgeted for a payout of just NZ$11m ($9.5m, €6.85m) in its ongoing legal battle with Danone over last year’s whey protein concentrate (WPC) botulism scare.

Fonterra breaks ground on its biggest SE Asia site

Fonterra has begun construction on what will be its biggest manufacturing investment in Southeast Asia in the last decade.

NZ Prime Minister has his work cut out in China

New Zealand’s reputation in China as a provider of safe and quality dairy products has taken a heavy blow in recent times, a new consumer confidence survey suggests.

Fonterra to plead guilty to botulism scare charges

Fonterra, the world’s biggest dairy company, has indicated that it will plead guilty to charges following and investigation by New Zealand’s Ministry for Primary Industries into events leading up to...

Dubai site 'reflects growth' in Middle East, Africa: Fonterra

Fonterra has opened a warehouse in Dubai to support increasing demand for its dairy ingredients in the Middle East, Africa, and the CIS region. 

Operations set to begin at NZ$120m Fonterra UHT milk plant

Fonterra's NZ$120m ($99m, €73m) Waitoa UHT plant is on track to produce its first batches of Asia-destined Anchor brand long-life milk and cream in March – just over a year...

News in brief

DairyAmerica and Fonterra end SMP export deal

US marketing cooperative DairyAmerica and New Zealand-based dairy giant Fonterra have called time on their 13-year old skim milk powder (SMP) export agreement.

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