New Zealand dairy cooperative Fonterra’s chief operating officer of global operations, Robert Spurway says R&D is one of the most important factors shaping the dairy industry today.
Since the recent lifting of sanctions on Iran, companies are starting to see the country as a potential destination for exporting a variety of items, including dairy.
Fonterra has completed construction of a new plant at is Clandeboye site - an investment that doubles its production of individual quick frozen (IQF) grated mozzarella.
New Zealand-based dairy cooperative Fonterra says it has benefited
from both its raw dairy and processing businesses as revenues rose
NZ$853m (€449m) to NZ$7.3bn (€3.8bn) over the first half of the
year.
The shareholders' council of dairy cooperative Fonterra yesterday
called for a clearer distinction in the financial reporting
on the performances of the company's commodities and
processing operations.