Fonterra

The partnership will leverage Fonterra’s innovation in functional dairy proteins, Milk Fat Globule Membrane (MFGM) and probiotics and By-Health’s involvement in vitamin and dietary supplements.

Fonterra and By-Health partner on R&D of nutritional solutions

By Jim Cornall

Fonterra and By-Health Co. Ltd., a global vitamin and dietary supplements (VDS) enterprise, have entered into a strategic R&D partnership to focus on developing innovative nutritional solutions for the health and wellness market.

Fonterra CEO Miles Hurrell called new COO Whineray 'a results-orientated New Zealand business leader.'

Fonterra creates new management position

By Jim Cornall

New Zealand dairy cooperative Fonterra has created the new role of chief operating officer, and the position will be filled by Fraser Whineray, who will start in early 2020.

Fonterra said it will build on its foodservice business in China.

Fonterra announces record loss and new strategy

By Jim Cornall

Fonterra has announced its FY19 annual results, the final milk price for the 2018/19 season, a new strategy and changes to its operating model and management team.

Fonterra's FY19 report will now be no later than September 30, 2019.

Fonterra confirms big losses and defers reporting date

By Jim Cornall

New Zealand dairy cooperative Fonterra has changed the date for reporting its audited financial results for the 2019 financial year (FY19) ended July 31, 2019, as it confirmed losses for the financial year would be in the NZ$590m-NZ$675m (US$376m-US$430m)...

Fonterra's Darfield plant is one of six manufacturing sites aiming to reduce water use by 30% by 2030.

Fonterra targets water savings

By Jim Cornall

More than 3.4bn liters of water will be saved every year if new water targets Fonterra launched this week are achieved.

“We expect to see further growth from acquisitions, with a long-awaited shift in the top three of the global ranking likely.

Rabobank publishes Dairy Top 20

By Beth Newhart

Nestlé, Lactalis and Danone continue leading the global dairy industry, but could see some shakeups in the future, according to a new analysis from Rabobank.

Under Shenzhen Stock Exchange rules it is only possible to sell up to 1% every 90 days directly on the exchange, or up to 2% in a single block every 90 days. Pic: ©Getty Images/lzf

Fonterra trying to sell Beingmate shares

By Jim Cornall

New Zealand dairy cooperative Fonterra says it is going to sell a portion of its stake in Beingmate Baby & Child Food Company Ltd, which is currently a shareholding of 18.8%.

Fonterra said the market continues to be attractive for its dairy protein and dairy speciality ingredients.

Fonterra sells foodspring to Mars

By Jim Cornall

Mars has signed an agreement to purchase a majority shareholding in German targeted nutrition business, foodspring and, as part of this transaction, Fonterra has sold its interest in foodspring’s parent Goodminton A.G, and will realize a gain on sale...

Fonterra's Fixed Base Milk Price is a risk management tool that lets farmers lock in a set price for up to 70% of the season’s milk before it starts. Pic: ©Getty Images/petej

Fonterra announces fixed base milk price for 2019/20

By Jim Cornall

Fonterra farmers in Australia participating in the company’s Fixed Base Milk Price will be paid a guaranteed price of A$6.80 (US$4.74) per kilogram of milk solids (kgMS) for a portion of their milk for the 2019/20 season.

NZMP showcased its solutions at Gulfood in Dubai and Food Ingredients China (FIC) in Shanghai.

NZMP moves to soothe uncertainty

By Jim Cornall

NZMP, the global dairy ingredients brand of Fonterra, has refreshed its market-leading risk and commercial solutions.

Fonterra's Danfield plant.

Fonterra ups milk price, drops earnings forecast

By Jim Cornall

New Zealand’s Fonterra Co-operative Group Limited has increased its 2018/19 forecast Farmgate Milk Price range to NZ$6.30-NZ$6.60 (US$4.29-$4.49) per kgMS, up from NZ$6.00-NZ$6.30 (US$4.08-$4.49), and revised its forecast earnings down to 15-25 cents...

Digestive wellness is one of the top 5 dairy trends for 2019, according to NZMP. Pic: ©Getty Images/ChrisChrisW

NZMP picks top 5 dairy trends for 2019

By Jim Cornall

NZMP, the global ingredients brand of Fonterra, has studied insights from some of the world’s largest food and nutrition research providers to create its top five dairy trends for 2019.

Motif’s biotech team will harness genetic science and fermentation technology to re-create and sell animal proteins and food ingredients, including those similar to dairy ingredients. Pic: ©Getty Images/gorodenkoff

Fonterra buys in to bio-engineered food company

By Jim Cornall

New Zealand dairy cooperative Fonterra has taken a stake in Motif Ingredients, a US-based food ingredients company that develops and commercializes bio-engineered animal and food ingredients.

The new tool is expected to be introduced in June 2019.

Fonterra introduces Fixed Milk Price tool

By Jim Cornall

Fonterra has announced it will introduce a new financial tool to help farmers gain more certainty of what they will be paid for their milk for the season.

Fonterra is targeting a reduction in carbon emissions of 30% by 2030 and net zero by 2050 across all New Zealand operations.

Fonterra site to reduce emissions by 25%

By Jim Cornall

Fonterra’s Brightwater milk processing plant in Nelson, New Zealand, is now co-firing on wood after the site’s newly converted boiler was officially switched on.

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