Manufacturers will have another opportunity to reduce salt in their
products thanks to a new dairy-based ingredient from New Zealand
co-op Fonterra, which claims to replace salt and maintain flavour.
Food miles, the trendy catchphrase alluding to pollution caused by
food exports, is 'a red herring' that detracts from serious
environmental issues to be faced by food producers, says Fonterra's
trade strategy manager,...
New Zealand dairy co-operative Fonterra sold almost a tenth more
milk-derived ingredients this year than the previous 12 months,
pushing its overall revenue up 6 per cent to NZ$13 billion
(€6.4bn), it reported yesterday.
Fonterra, the New Zealand dairy co-operative, said it sold more
dairy ingredients this May than in any other month ever, as it
continues to expand on the world dairy market.
Fonterra's suppliers have set a new record for the just-completed
production year, bringing more dairy ingredients on to an already
competitive market.
Fonterra, the world's biggest exporter of dairy products, said
today that it has gained approval from the Chinese government for
its purchase of a 43 per cent stake in dairy company San Lu.
Fonterra, New Zealand's largest dairy co-operative, has formed a
research partnership with the US dairy industry, in an
international approach to promoting and proving health claims for
dairy products.
Two of the world's largest dairy firms, New Zealand's Fonterra and
Europe's Arla, are looking to increase their operations in the
Polish dairy industry, according to a recent report.
Early success for Fonterra's chocolate-flavoured cheese in Taiwan
has the firm planning to expand the product across Asia in an
attempt to "re-define cheese".
The New Zealand dairy co-operative has bought a 43 per cent stake
in one of China's biggest dairy processors, as the world's dairy
giants scramble for position in one of the most promising markets.
A reverse osmosis machine capable of extracting excess water from
milk is expected to significantly cut transport costs for New
Zealand dairy co-operative Fonterra.
Technology able to isolate genetic information has uncovered a new
generation of enzymes in dairy cows' stomachs, as New Zealand dairy
group Fonterra looks to capitalise.
Fonterra, the New Zealand dairy co-operative, is set to build a new
multi-million dollar research and development centre to help it
move ahead in global added value product trends.
Months after New Zealand dairy giant Fonterra lost out to San
Miguel in the bid for National Foods, the firm unveils this week
plans to expand its presence in Australia.
New Zealand dairy co-operative Fonterra announced today that it has
pulled out of the three month bidding war to buy National Foods,
crowning San Miguel the new owner of Australia's largest publicly
traded dairy company, Tom...
New Zealand dairy co-operative Fonterra, currently involved in a
bidding war for Australia's National Foods, has been told by the
Australian Takeovers Panel to issue a supplementary bidder's
statement about its possible...
New Zealand dairy co-operative Fonterra has upped its share price
offer for Australia's leading dairy company National Foods,
trumping a rival bid from San Miguel Corporation (SMC) and gaining
the unanimous backing of National...
Fonterra's CEO, Andrew Ferrier, arrived in Victoria, Australia
yesterday as part of a last-ditch attempt to convince Australian
dairy farmers to back the dairy co-operative's bid for the
country's leading dairy company,...
Andrew Ferrier, Fonterra's CEO, today reiterated calls for a united
dairy industry amid the mounting threat of cheaper soy, nut and
rice-based dairy alternatives, Tom Armitage reports.
Fonterra has developed a label that can be recycled along with the
plastic wrap that goes around pallets of goods in order to reduce
the amount of waste that is sent to landfill.
Fonterra, the New Zealand dairy co-operative, has extended its
share offer to buy Australian food group National Foods to 8 March
- despite National Foods' board urging its shareholders to back a
rival offer from Philippines-based...
Fonterra, the New Zealand dairy co-operative, has announced it is
to sell off its under-performing Mexican cheese division, in
keeping with its long-term strategy to move away from
commodification, Tom Armitage reports.
The New Zealand dairy giant has threatened to walk away from it
takeover bid for Australian-based National Foods on the grounds
that the AUD$2 billion (€1.14bn) asking price is too much.
Fonterra, the New Zealand dairy co-operative, is looking to exploit
a growing market for intellectual property (IP) licensing by
creating a new formulated milk business to join its line of
value-added subsidiaries, reports Tom Armitage.
Fonterra intends to make an off market takeover offer for all of
the shares of National Foods Limited [NFD] in a bid to open up the
lucrative Asian food and beverage market, writes Anthony
Fletcher.
Fonterra has built a new processing plant in New Zealand as part of
its strategy to move its dairy business away from commodification
and towards producing more value-added products.
Fonterra, New Zealand's multinational dairy co-operative, has
jumped on the low-carb bandwagon by launching a strain of milk
protein designed to produce new low-carb yoghurt. But is all this
hype just another commercial gimmick,...
New Zealand dairy giant Fonterrra has outlined ambitions to tap in
on anticipated growth in demand for dairy imports to China.
Speaking at a conference in Auckland today CEO Andrew Ferrier said
that the country represented 'considerable...
Dairy ingredients giant Fonterra says a new joint venture, set up
to search for novel health ingredients in milk, has already
identified a number of bioactives, currently waiting for patents.
Fonterra, New Zealand's leading dairy exporter, said on Monday that
it plans to axe hundreds of jobs in order to streamline its
business for future core efficiency. Over the next two years the
group plans to cut 700 administrative...
A new milk powder drier will begin processing milk today at
Fonterra's Edendale plant. The factory that is now possible of
processing 11 million litres per day will create an extra 62
permanent jobs.
Dairy giant Fonterra is about to increase premiums to organic milk
suppliers who choose to meet United States Department of
Agriculture (USDA) standards.
The Australian Commerce Commission has received an application from
one of Australia's largest food companies, National Foods, to
acquire up to 100 per cent of the issued shares of New Zealand
Dairy Foods (NZDF).
