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Fonterra raises 'dim sum' funds for China expansion

New Zealand dairy major Fonterra has raised RMB1.25bn (US$210m) through a five-year offshore “dim sum” bond issue to to repay debt and expand its operations in China. 

Fonterra cream E.coli recall proves safety system 'works': Federated Farmers

Fonterra's decision to recall 8,700 bottles of potentially E.coli-contaminated fresh cream proves only that the cooperative's "quality assurance system works," New Zealand dairy farmer representative, Federated Farmers, has claimed....

Fonterra recalls Anchor fresh cream over E.coli fears

Fonterra Brands NZ is recalling thousands of bottles of fresh cream in New Zealand after tests revealed that the products may be contaminated with E.coli.

Danone to sue Fonterra over WPC botulism recalls

Danone has terminated its existing supply contract with Fonterra and plans to sue the dairy exporter over the whey protein concentrate (WPC) Clostridium botulinum contamination scare that led to product recalls...

Dairy Partners Americas investment shows ‘commitment’ to Brazil: Nestlé

The latest investment by Dairy Partners of Americas, the South American joint venture between Nestlé and Fonterra, in its Brazilian operations shows its “commitment” to the country, Nestlé has claimed....

'We're here to stay', says Fonterra after EU-sourced whey launch

Fonterra Europe has signalled that it is "here to stay", following the launch of its European-sourced whey protein ingredient, NZMP europro. 

Danone WPC dispute talks 'not working out': Fonterra

Fonterra may still face legal action from Danone over the recent whey protein concentrate (WPC) botulism scare, the New Zealand-based dairy cooperative's CEO has admitted.

News in brief

Fonterra Australia completes purchase of Tamar Valley Dairy assets

Fonterra has completed the purchase of the assets of Tamar Valley Dairy, an Australian yogurt manufacturer that went into administration earlier this year.

Fonterra to acquire under-administration Tamar Valley Dairy yogurt assets

Fonterra has moved to strengthen its leading position in the Australian yogurt sector through the acquisition of Tasmanian firm, Tamar Valley Dairy, which went into administration earlier this year.

Fonterra must show ‘willingness to learn’ from WPC botulism scare: Inquiry

Fonterra faces "serious global implications" unless it learns from the mistakes that led to the recent whey protein concentrate (WPC) botulism scare, the committee overseeing an independent investigation into the...

Fonterra disposal practices probed over 'Lake of Buttermilk' concerns

An investigation into Fonterra's buttermilk disposal practices has been launched in New Zealand in response to concerns about the size of a dumping site dubbed the 'Lake of Buttermilk'.

Fonterra: Asia behind global foodservice growth

The world’s biggest dairy company, Fonterra, believes that global foodservice growth is being driven by the emerging Asian markets, where it estimates the category will increase at around 13% per...

Danone seeking €200m damages from Fonterra over WPC recalls

Danone has confirmed that it is seeking around €200m ($270m) in compensation from Fonterra to cover the costs associated with the infant formula product recalls it ordered in response to...

News in brief

Fonterra appoints new Apac head

Fonterra has announced the appointment of a new head for its Asia-Pacific, Middle East & Africa business unit.

Fonterra, Danone in talks to resolve WPC botulism dispute

Fonterra has denied it has “any legal liability” to Danone in relation to its recent whey protein concentrate (WPC) contamination scare, despite being in talks with the French dairy giant over...

Russia removes temporary Fonterra dairy import ban

Russia has lifted the temporary import and distribution ban imposed on Fonterra dairy products following the New Zealand-based dairy cooperative's decision to recall three batches of whey protein concentrate (WPC)...

AgResearch 'recommended further testing' of recalled Fonterra WPC

New Zealand research organisation AgResearch has moved to distance itself from Fonterra's decision to recall three batches of whey protein concentrate (WPC), rubbishing claims that it "confirmed the presence" of Clostridium...

Fonterra, NZ, Sri Lanka meet to resolve DCD protest issues

Fonterra, New Zealand and the Sri Lankan government have met to “discuss progress in resolving” the recent issues that led to the closure of all Fonterra Brands Lanka faculties last month....

Danone reviewing Fonterra WPC botulism false alarm ‘compensation options’

Danone is reviewing its “recourse and compensation options” in relation to the Fonterra whey protein concentrate (WPC) botulism alert that led it to pull potentially-affected infant formula products from shelves in eight...

News in brief

World’s biggest milk powder drier starts work in New Zealand

“Drier Two”, the world’s largest milk powder drier kicked into gear last week at Fonterra’s Darfield site in New Zealand to produce its first batches of whole milk powder, which...

Opinion

Fonterra's problem lies mainly in how it communicates with the Chinese

The longstanding dairy relationship between China and New Zealand ought not to have worked so well, but it has, and will continue to, in spite of two substantial safety scares...

'No plans' to sue Fonterra over false WPC botulism alarm, says Nutricia

Danone-owned Nutricia has rubbished reports that it is considering legal action against Fonterra over the false whey protein concentrate (WPC) botulism alarm that led it to recall 67,000 units of...

False alarm is good news, but false positive must be investigated

The news that there was no botulism risk from Fonterra’s batches of whey will come as a huge relief to the company and consumers around world, according to New Zealand...

News in brief

Fonterra resumes operations in Sri Lanka following protest-driven closures

Fonterra has resumed operations in Sri Lanka, less than a week after it closed its head office and Biyagama processing plants in response to growing anger amongst consumers about the safety and...

Fonterra latest

Botulism scare was a false alarm, reveals NZ ministry

New Zealand’s Ministry of Primary Industries have confirmed the scare surrounding contaminated whey protein concentrate supplied by dairy giant Fonterra was a false alarm. 

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