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Fonterra butter recall vital to protect brand synonymous with New Zealand dairy, expert

Fonterra’s recall decision concerning 410,000 packs of butter was the right thing to do, and action to this front to protect its brand image was crucial, according to a top...

‘No reports of injury’ says Fonterra after massive butter recall

Fonterra has recalled 410,000 packs of butter after consumer complaints about the presence of ‘fine metal objects’, and has moved quickly to limit fallout from the incident.

'Our competitors will be laughing all the way to the bank': Fonterra savages mooted milk regulation changes

Dairy giant Fonterra has reacted angrily to New Zealand (NZ) government proposals that its member farmers provide more milk to competitors, insisting the move will ‘line foreign pockets’ and ‘handcuff’...

Tumbling dairy prices up in latest Fonterra Global Dairy Trade auction

The majority of internationally traded commodity dairy products traded in the latest Fonterra Global Dairy Trade auction event sold for higher prices, arresting a series of price slides dating back...

Row erupts over Fonterra’s plan to ship NZ school milk

The New Zealand Green Party says that Fonterra’s plan to supply free school milk should be undertaken by the New Zealand government rather than ‘profit-driven companies’.

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Fonterra admits 'mixed' results on sustainability

The world's largest dairy processor Fonterra claims its 10,500 dairy farmers are delivering results from a sustainability standpoint, but admits that more work needs to be done.

Greenpeace slams Fonterra over alleged ‘climate crime’

NGO Greenpeace New Zealand (GPNZ) has attacked Fonterra’s continued use of controversial palm oil co-product, palm kernel expeller (PKE), as a supplementary dairy farm feed.

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Fonterra welcomes measures to liberalise Asia-Pacific dairy trade

Fonterra has welcomed the recently released 'broad outlines' of the so-called Trans Pacific Partnership (TPP) to liberalise dairy trade within the Asia-Pacific region.

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Fonterra chairman announces plan to step down in 2012

Fonterra chariman Sir Henry van der Heyden has announced his intention to step down from his current role at the New Zealand co-operative's annual meeting in 2012.

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Fonterra ingredients MD resigns

The managing director of Fonterra's Global Ingredients and Foodservice (GIF) division, Andrei Mikhalevsky, has resigned and will leave the business by the end of the year.

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Developing world dairy boom is sustainable: Fonterra chairman

Fonterra chairman Henry van der Heyden believes that the current dairy boom in China and India that has underpinned rising prices for products worldwide will continue.

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Fonterra fears NZ $20m daily milk loss due to massive gas leak

Fonterra says it fears it will lose around NZ $20m of milk a day after it was forced to close 15 of its 17 processing sites on North Island, following...

Fonterra recalls cheese products

The New Zealand-based dairy giant Fonterra has announced a recall of its cheese products that are being sold in the Australian market, it said in a statement issued this week.

'Record' results see Fonterra secure ingredients for overseas success

Improved performance within Fonterra’s ingredients businesses worldwide has seen the firm announce a record turnover of NZ $19.9bn (€11.6bn) in 2010/11.

NZ carbon tax will damage dairy competitiveness, Fonterra warns

Dairy giant Fonterra is concerned that applying ‘carbon costs’ to New Zealand's agriculture sector will make it harder for dairy firms to compete and push production to less emission-efficient countries.

Whey more potential in protein market, claim new partners Fonterra and First Milk

European food and sports beverage makers are set to benefit from a new dairy ingredients joint venture, which is aimed at increasing whey protein manufacturing capacity in Europe as well...

Fonterra cuts dairy suppliers to save struggling organic business

A reduction in dairy farmers and a focus on emerging markets are two strategies Fonterra is adopting in a bid to save its struggling organic business.

Fonterra’s commissioned report faces industry criticism

A report commissioned by Fonterra to investigate the fairness of the dairy giant’s milk pricing has faced criticism from its competitors, according to news reports.

Fonterra to invest $40m in new Chinese dairy to meet booming milk demand

Fonterra is to invest $40m (€35m) in its third Chinese dairy farm as the firm expects demand to treble in the region over the next ten years.

Fonterra looks to treble production at NZ site through $250m investment

Dairy giant Fonterra aims to pump a further $250m into a new site in New Zealand, an investment that would treble milk processing at the facility.

Global dairy prices slide in latest Fonterra auction

International dairy prices have taken another tumble at the latest Fonterra auction, dropping to their lowest level so far this year.

Fonterra reports China milestone, looks to India

 New Zealand-based dairy giant Fonterra is now looking at expansion in India after a successful foray in China, including a recent bumper bond listing in Shanghai.

Fonterra faces big challenges ahead in China

Fonterra may face an uphill struggle in its bid to expand in China despite the promise of significant market growth, according to an Asian food industry analyst.

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Bond issue reveals Fonterra’s Chinese expansion plans

Fonterra has signaled its intention to invest further in the Chinese dairy market with its first bond issue denominated in Chinese renminbi.

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Fonterra joins exclusive world customs advisory group

Fonterra has been given a seat on an exclusive world trade advisory group which, the co-operative says, will allow it to aid the “smooth the flow” of New Zealand imports...

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