Fonterra Expands China Foodservice Business with New Anchor Essence Cream
Fonterra is strengthening its foodservice presence in China with the launch of a new cream for professional bakeries at Bakery China 2026 in Shanghai.
Fonterra Shareholders Council chairman Duncan Coull says today’s arbitration decision on the claims made by Danone has made this a tough day for the co-op.
Coul says it is farmer owners who will ultimately bear the cost, a fact he says is not lost on the Fonterra business.
He says Fonterra has made significant strides since the 2013 incident in terms of strengthening its operational processes, culture, and governance – as per the independent review process recommendations – and embedding them into our co-op’s functions and framework.
“Council is confident this has been done to a high standard and that our co-op is well placed in its journey to become the world’s most trusted source of dairy nutrition.”
The council was also confident the co-op acted with integrity when it issued the precautionary recall.
“Do What’s Right is one of our four values and in continuing to put safety ahead of all else we will build on the trust people throughout the world have in us.
“As tough as this outcome is, the lessons learned have enabled our co-op to emerge stronger and we now need to move forward together - proud of who we are, what we have achieved, and of our commitment to our values.”
Taranaki's sunshine and energy sector expertise are powering a new approach to renewable energy, with the launch of BlueGreen Frontiers.
Meridian Energy says it welcomes the Fast-Track Panel's draft decision proposing the easing of access restrictions on Lake Pūkaki hydro storage for a three-year period.
The science underpinning New Zealand's dairy, beef and sheep grazing systems was largely established from the 1950s onward, but new analysis shows that the climate those systems were built for has shifted significantly.
Beef + Lamb New Zealand (B+LNZ) has unveiled a new tool to help sheep farmers better understand the genetics in their flock and make more informed decisions.
Classified as an unwanted organism under the Biosecurity Act, the invasive weed velvetleaf can be resistant to many herbicides, making it difficult to control, while statistics note it has the potential to reduce yields by up to 70%.
Zespri's sales of kiwifruit for the 2025 season have broken all past records.
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