New Zealand's parliament has voted in favour of an amendment to the Dairy Industry Restructuring Act (DIRA) – effectively giving Fonterra’s Trading Among Farmers (TAF) scheme the go-ahead
Dairy exporter Fonterra has claimed that its proposed acquisition of New Zealand Dairies’ (NZDL) Studholme processing plant will boost competition for raw milk on the country’s South Island, rather than reduce it.
Fonterra has been forced to make changes to its website, after the New Zealand Advertising Standards Authority concluded that the dairy exporter had milked several nutritional claims.
Fonterra has signed a conditional agreement to acquire the milk processing assets of South Canterbury-based New Zealand Dairies (NZDL), and said the dairy site would boost its export capacity, where it is processing around 150m litres of milk per year...
Dairy giant Fonterra is operating within the rules when it sets the price it pays to farmers for their raw milk, the New Zealand Commerce Commission has confirmed.
Dairy giant Fonterra has entered into a “mutually beneficial” agreement that will see it process dairy ingredients in the Netherlands for the first time.
Dairy giant Fonterra has announced the opening of a new Shanghai-based innovation centre, in its latest effort to tap into Chinese demand for new, innovative dairy products.
Fonterra Chairman, Sir Henry van der Heyden, said a Bill currently in the New Zealand parliament was ‘crucial’ to the industry in his opening remarks to the Primary Production Select Committee.
Fonterra has confirmed to DairyReporter.com that it is undertaking a review of its New Zealand speciality cheese business Kapiti, but was unable to reveal whether any specific plants were earmarked for closure.
Fonterra CEO Theo Spierings says that 'rapid growth' of around 50% forecast for dairy products in Indonesia means that the firm plans to build a new blending and packing plant in the country to help it respond more swiftly to market needs.
Fonterra has opened its second farm in China and said it plans to build a further three to service massive consumer demand in nearby Beijing and the country at large.
A retail price war in Australia and New Zealand hit Fonterra’s consumer sales hard in the first half of 2012, while the firm said a strategy refresh will see it refocus its efforts on lucrative Chinese, Asian and Latin American markets.
Fonterra plans to build a second milk drier costing NZD $300m at its Darfield site, citing higher milk production levels and increased demand from the Middle East, Southeast Asia and China, while CEO Theo Spierings had pointed to “six key megatrends”...
A stronger New Zealand (NZ) dollar, higher levels of global milk production and uncertainties on international markets – including a potential Middle Eastern conflict – has led Fonterra to lower its farmgate milk price for the 2011/12 season.
New Zealand dairy processor Fonterra has told DairyReporter.com that it is working to cross-leverage its scientific expertise in infant health and nutrition – in areas such as probiotics – to cater for the booming market in adult and senior nutrition.
New Zealand dairy co-operative Fonterra has presented what it claims is significant research showing that its proprietary probiotic strains reduce childhood disease and childhood allergy rates, while the addition of dairy lipids to formula aids infant...
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 UK-based food safety expert.
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.
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’ the firm.
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 to December 6.
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’.
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.
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.
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.
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 a break in a gas pipeline on Monday that led to operator Vector requesting that businesses do not use...
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.
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.
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.
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 as improving the speed and reliability of the supply of such ingredients,...
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.
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 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.
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 and exports.
Fonterra has published draft rules, developed with global dairy firms including Arla Foods and FrieslandCampina, to govern the opening up of its online trading platform to outside companies.
Fonterra has opened up new European headquarters in Amsterdam. Koert Liekelema, general manager for Europe, explains how the move will help the New Zealand dairy grow its value-added ingredients business.
An allergy scare involving the functional food product Whole has prompted Fonterra to advise manufacturers to communicate more prominently the use of dairy ingredients in foods.
