New Zealand-based dairy group Fonterra says that a branded milk powder marketed in Bangladesh has been cleared for sale in the country after impendent testing found the product free from the industrial chemical melamine.
Two of the world’s leading suppliers and manufacturers of dairy goods have moved to play up their commitments in China as the legacy of the ongoing melamine scandal continues to impact on their operations.
This week, Fonterra announces support for a Chinese charity to protect infants and mothers in rural areas and Friesland says it will not budge on its provisional 2007 milk price.
This week, Fonterra spies an end to rising commodity prices; Saputo reviews its operations following a fire in its US operations and ice cream gets political.
This week, Fonterra commits to its troubled Chinese operations, and Europe-based groups First Milk and Emmi reveal their latest financial performances.
New Zealand dairy and dairy ingredients giant, Fonterra, has launched its high-calcium dairy drink, Anlene Concentrate in Malaysia, after an encouraging year on the market in Thailand.
After a busy period of expansion for Fonterra, the New
Zealand-based dairy cooperative says it remains far from finished
with its global consolidation plans as it looks to key markets such
as Asia to target growth.
This week, Glanbia says it expects to offset dairy cost pressures
by meeting full year growth, and Fonterra is expected to target
expansion in Australia.
Fonterra is launching a new online sales channel for its dairy
commodities which will allow it to respond more quickly to price
changes - and may spur the development of an international dairy
futures or derivatives market.
Fonterra, one of the world's largest dairy companies, has become
the latest processor to announce it would measure carbon emissions
across its entire supply chain.
New Zealand-based Fonterra claims to have made further steps
towards improved sustainability for dairy production by cutting
another 5 per cent off its energy bill.
Fonterra has developed a technique that allows colostrum to be
added to ready-to-drink beverages with a longer shelf-life, opening
up opportunities for new kinds of products and building sales of
the ingredient in Asia.
Fonterra, New Zealand's largest dairy co-operative, predicted world
commodity prices would continue rebounding strongly over the next
few months as supply and demand tightened.
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,...
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.
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.
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.
New Zealand dairy group Fonterra will today unveil a range of dairy
protein crisps with up to 80 per cent protein content for use by
makers of energy and sports bars as well as healthy and slimming
snack foods.
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, 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...
Asian drinks conglomerate San Miguel (SMC), currently embroiled in
a bidding war with New Zealand dairy co-operative Fonterra for
Australia's National Foods, is being lined-up as a potential buyer
for New Zealand Dairy Foods,...
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,...
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.
San Miguel, the Philippines-based packaging and food giant, upped
bidding stakes for Australia's National Foods yesterday. The move
falls in line with the company's policy to expand its presence in
other global markets.
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.
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...
Sales of colostrum and a high-antibody milk have risen
significantly in key Asian markets following the outbreak of SARS
earlier this year, reports New Zealand dairy leader Fonterra.
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.
Dairy multinational Fonterra, has confirmed that the US Food &
Drug Administration has inspected two of its New Zealand
manufacturing sites as part of the agency's moves to step up
vigilance of all major food manufacturer's...
An attempt by a food ingredients billionaire to take over New
Zealand's second biggest dairy company could head into difficulties
if a farmers' collective wins the day, reports local New Zealand
paper The Evening Post.
A New Zealand entrepreneur, the main shareholder in Australian food
ingredients firm Burns Philp, announced a takeover bid on Friday
for dairy products company New Zealand Dairy Foods.
