New Zealand’s Fonterra Co-operative Group said it welcomes the appointment of Bao Xiufei to the role of general manager of Beingmate Baby & Child Food Co Ltd. Fonterra has an 18.8% share in the Chinese food company.
A just-published Greenpeace investigation alleges that New Zealand dairy giant Fonterra Cooperative Group’s key supplier of palm kernel extract (PKE) has links to a huge expanse of deforestation in Indonesia.
New Zealand dairy cooperative Fonterra is adding a new channel to its global foodservice business – Beverage House – to capitalize on what it says is an increased global demand for ‘adventurous’ tea and coffee drinks.
Half a million liters of Pahiatua groundwater (equivalent to about 18 milk tanker loads) will be saved daily due to the development and installation of a reclaimed water system at the local Fonterra site.
New Zealand cooperative Fonterra, the world’s largest dairy exporter, is expanding its online presence to consumers in Southeast Asia for the first time through a new partnership with Lazada, an online shopping destination in the region.
New Zealand dairy cooperative Fonterra Co-Operative Group Limited has announced chief executive Theo Spierings is to leave his role later this year; meanwhile, its interim results for the half year ending January 31, 2018, show a net profit after tax...