All news articles for December 2016

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China direct

Chinese dairy shoppers becoming less satisfied with their milk

By RJ Whitehead

Customer satisfaction is on a downward spiral among Chinese dairy consumers, according to the latest national research report on shoppers’ attitudes to liquid milk, which also highlighted how the public are now demanding higher-quality products.

Coveris to close Anderson factory. Picture credit: Coveris.

Coveris to close US plant, axing 100 jobs

By Jenny EAGLE

Coveris, which makes packaging for liquid milk products, yogurt, soft, processed and natural cheese, among others, will close its Anderson, US, facility, axing 100 jobs next year.

Fonterra says a deal with Bank of China New Zealand will help its Chinese operations. Pic: ©iStock/travellinglight

Bank of China and Fonterra sign deal

By Jim Cornall

Bank of China New Zealand has signed an agreement with New Zealand dairy cooperative Fonterra that establishes a RMB 1.5bn (NZ$300m, US$213m) multi-currency bank facility including a Chinese currency component.