Fonterra

Fonterra's milk powder products facility in Malaysia has reopened.

Fonterra reopens Malaysian milk powder plant

By Jim Cornall

Fonterra has reopened its milk powder manufacturing plant in Malaysia following a NZ$7m (US$4.8m) investment to boost manufacturing efficiencies and ensure it continues to meet health and safety, and food safety and quality standards.

Ministers from New Zealand and Lithuania have met to discuss agriculture and the dairy sector. Pic:© iStock/MikhailMishchenko/kolesnikovserg

New Zealand and Lithuania discuss dairy

By Jim Cornall

New Zealand Primary Industries Minister Nathan Guy and Lithuanian Agriculture Minister Bronius Markauskas have met in Vilnius, Lithuania, to discuss agricultural issues – including dairy – in the two countries.

Fonterra has published its first half results, with net profit after tax rising by 2%.

Fonterra first half profits rise

By Jim Cornall

Fonterra ended the first half of its 2017 financial year with revenue up 5% to NZ9.2bn (US$6.5bn) on the same period last year, and net profit after tax up 2%.

There have been several new appointments in the dairy world recently.

New appointments in the world of dairy

By Jim Cornall

The Sodiaal Group in France has announced the appointment of Yves Legros as chief executive officer of Candia, replacing Giampaolo Schiratti.

Fonterra has developed a white butter to meet demand in the Middle East and North Africa.

Fonterra develops white butter for Middle East

By Jim Cornall

Fonterra’s Research and Development Centre alongside its global ingredients business, NZMP, has developed a new white butter product for manufacturers in the Middle East market.

Fonterra and LIC have developed an online tool for farmers to analyze their data to improve performance.

Fonterra and LIC develop online data tool Agrigate

By Jim Cornall

Fonterra and Livestock Improvement Corporation (LIC) are in the final stages of developing an online tool, Agrigate, designed to help farmers improve their farm performance by using their existing data.

Fonterra is hoping to grow sales of cheese in South Korea following growth in exports since a free trade agreement signed in December 2015. pic: ©iStock/colematt

Fonterra looks to cheese to grow Korean market

By Jim Cornall

As New Zealand marks the one-year anniversary of its Free Trade Agreement (FTA) with South Korea, Fonterra Co-operative Group says it is looking to grow sales of its dairy products there, particularly cheese.

Bellamy's has a new CEO, with Andrew Cohen temporarily at the helm.

Shares down as Bellamy’s returns to trading

By Jim Cornall

There have been changes at Australian formula makers Bellamy’s as CEO Laura McBain has stepped down and been immediately replaced with former COO Andrew Cohen taking over in a temporary capacity.

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.

Probiotic supplement growth is outstripping glucosamine, multivitamins, calcium, omega-3s, CoQ10 and protein. ©iStock/kzenon

Probiotic supplements on rise in global €40bn market

By Shane Starling

Latest data from Euromonitor International shows the global probiotics market is worth about €40bn, yoghurt continues to be the dominant mode of delivery although probiotic supplements are growing fastest.

Fonterra has published its 2015/16 financial report, revealing profits after tax of $604m

Fonterra profits up 65%

By Jim Cornall

New Zealand’s Fonterra Co-operative Group has announced a 65% increase in net profit after tax to NZ$834m ($604m) for the financial year ended July 31, 2016.

'We have spent a while on it - but it’s important to get this right.' ©iStock/Brian Balster

ESSNA set to strike on protein spiking

By Annie Harrison-Dunn

The European Specialist Sports Nutrition Alliance (ESSNA) will in weeks finalise its guidance on so-called ‘protein spiking’ - the controversial practice of falsifying product protein content via nitrogen manipulation.

Fonterra is turning dairy waste from its Edendale plant into fertilizer for local farmers

Fonterra generates fertilizer from wastewater

By Jim Cornall

New wastewater treatment technology at Fonterra’s Edendale site in New Zealand is turning dairy waste into fertilizer that is being used on local pastures.