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Big Brands > Fonterra

Fonterra profits up 65%

New Zealand’s Fonterra Co-operative Group has announced a 65% increase in net profit after tax to NZ$834m ($604m) for the financial year ended July 31, 2016.

Fonterra opens hub for China, invests in Tasmania

New Zealand’s Food Safety Minister Jo Goodhew has welcomed the opening of the Fonterra Ying Hub in Ying County, Shuozhou City, Shanxi Province, China.

News in brief

Fonterra says incident at Edendale plant not an explosion

Fonterra says all employees at its Edendale milk processing plant in New Zealand are safe following the collapse of a raw milk silo on Friday afternoon.

News in brief

Fonterra cuts time to get UHT products to China by two-thirds

Fonterra’s project to align and enhance its supply chain from New Zealand to mainland China has seen a reduction in the time it takes to get UHT products to market...

Fonterra boosts forecast milk price

Fonterra Co-operative Group Limited has today announced an increase to its 2016-17 forecast Farmgate Milk Price.

News in brief

Fonterra adds to share dividend

Fonterra Co-operative Group Limited has confirmed it will pay a further NZ$0.10 ($0.07) per share on its previously announced 2015/16 forecast dividend of NZ$0.40 ($0.29) cents per share.

ESSNA set to strike on protein spiking

The European Specialist Sports Nutrition Alliance (ESSNA) will in weeks finalise its guidance on so-called ‘protein spiking’ - the controversial practice of falsifying product protein content via nitrogen manipulation.

Commission releases draft report on Fonterra’s base milk price calculation

New Zealand’s Commerce Commission has released its draft report on Fonterra’s base milk price calculation for the 2015-16 dairy season.

Big increase in UHT milk consumption in Sub-Saharan Africa

Dairy market specialist Proteus Insight says that by the end of 2015, consumption of UHT white milk in Sub-Saharan Africa increased at an average annual rate of 22% since 2013.

Fonterra adopts new palm products sourcing standard

Following discussions with Greenpeace and supply partners, Fonterra has adopted a new standard for sourcing of palm products.

Fonterra generates fertilizer from wastewater

New wastewater treatment technology at Fonterra’s Edendale site in New Zealand is turning dairy waste into fertilizer that is being used on local pastures. 

When is it best to introduce complementary feeding for infants? Commission asks EFSA

The European Commission has asked the European Food Safety Authority (EFSA) to update its scientific opinion on the appropriate age for introduction of complementary feeding for infants.

Fonterra predicts reduction in milk collection

Fonterra Co-operative Group Limited says there is no change to its forecast farmgate milk price, and that less milk is being produced globally.

Predator-free New Zealand is critical to the dairy industry: Fonterra

Fonterra has welcomed the New Zealand Government’s ambitions to make the country predator free by 2050, saying the ‘hugely significant goal’ is shared by the dairy industry.

China direct

Formula scandal sends Fonterra’s Beingmate into the red

Fonterra's Chinese business partner has seen healthy expected profits turn into substantial anticipated losses for the first-quarter of the financial year after a milk powder scandal.

Fonterra says innovation the key to shaping the global dairy sector

New Zealand dairy cooperative Fonterra’s chief operating officer of global operations, Robert Spurway says R&D is one of the most important factors shaping the dairy industry today.

Fonterra switching to Z biodiesel

Fonterra has launched its switch to new Z biodiesel as a foundation customer for the ZBioD fuel.

News in brief

Fonterra’s NZ$8m upgrade for lactose

An NZ$8m ($5.6m) upgrade is under way at Fonterra’s Edgecumbe site to capture lactose that previously could not be extracted from the site’s waste stream.

Which companies pay the most for milk?

The international Milk Price Review shows the standardized milk price calculations for April 2016 deliveries.

Tip Top dips into China ice cream market

Will Hokey Pokey be a hit in Hangzhou? New Zealand dairy cooperative Fonterra is hoping so, as it tries out its Tip Top ice cream in the Chinese market through...

Who are the world’s top 20 milk processors?

IFCN, the Dairy Research Network, has released the IFCN Top 20 Milk Processor list.

Fonterra’s new cheese slice line expansion officially opens

Fonterra has officially opened its new slice-on-slice cheese expansion at Eltham, New Zealand, with the plant now able to produce enough cheese to fill more than 3bn burgers each year.

Fonterra forecasts higher milk price

New Zealand dairy cooperative Fonterra has announced an opening forecast Farmgate Milk Price of NZ$4.25 ($2.86) per kgMS for the 2016/17 season, an increase of NZ$0.35 ($0.24) on the forecast...

Fonterra looks to growth through Anchor Food Professionals foodservice

Fonterra has launched its new global foodservice brand, Anchor Food Professionals. 

Fonterra seeing rise in demand for organic milk

Fonterra says increased demand in the marketplace for organic milk means prices are higher for farmers supplying it to the New Zealand cooperative.

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