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Big Brands > Fonterra

Fonterra slashes forecast FGMP again as volatility continues

Fonterra has slashed its farm gate milk price (FGMP) forecast for the 2014/15 season to NZ$4.70 (US$3.63, €2.93) - the third such reduction since it was first announced in May.

WPC botulism scare a food safety 'watershed moment' for Fonterra

The whey protein concentrate (WPC) botulism scare was a "watershed moment" for Fonterra in terms of food safety, an independent inquiry into the incident has concluded.

dispatches from Emballage 2014, Paris

Egemin scoops warehouse automation deal for Synutra

Egemin Automation will design and install a turnkey intralogistics system for Synutra’s first milk processing plant outside of China.

Danone loses bid to restart stalled NZ$1bn Fonterra WPC damages suit

An attempt by Danone to restart its stalled botulism scare damages suit against Fonterra in New Zealand has been rejected.

News in brief

Kerry and Fonterra join EU sports nutrition group

Dairy ingredient giants Kerry and Fonterra have joined the European Specialist Sports Nutrition Alliance (ESSNA) bringing its total membership to 47.

Massey chosen as site for food safety research centre

Massey University will be the site of the New Zealand Government’s Food Safety Science and Research Centre planned to open in mid-2015.

Sri Lanka lifts temporary ban on Fonterra milk powder sales

Sri Lanka has lifted a temporary ban on the sale of three batches of Fonterra milk powder after "no food safety or quality issue" was identified during tests....

Sri Lanka suspends sale of Fonterra milk powder batches over illnesses

Sri Lanka has suspended the sale of three batches of Fonterra-made Anchor milk powder after complaints of illness in children.

GEA to build second giant Fonterra milk powder drier

GEA has been drafted in by Fonterra to build the New Zealand dairy giant a second 30 tonnes per hour capacity milk powder facility.

Fonterra pleads not guilty to buttermilk disposal and odor charges

Fonterra has pleaded not guilty to nine charges related to the 2013 disposal of, and odor caused by, more than 3m litres of buttermilk and contaminated milk.

DISPATCHES FROM INTERNATIONAL WHEY CONFERENCE 2014

Opportunities in protein-enriched 'everyday food' for the elderly: Fonterra

The elderly needn't make significant dietary changes to boost their daily intake of protein and could instead rely on enriched "everyday food", research by Fonterra suggests.

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....