Fonterra Names Four Independently Assessed Director Candidates
Fonterra Co-operative Group has confirmed the independently assessed candidates standing for election to its board in 2026.
Fonterra has opened its upgraded Chengdu Application Centre, bringing New Zealand dairy expertise closer to customers in one of China's fastest-growing regions.
First opened in 2015, the Chengdu Application Centre has moved to a more central location in the city's Jinjiang District. With the upgraded facilities, Fonterra's technical experts, chefs and customers are now better empowered to develop, test and showcase food and beverage products.
Fonterra chief executive of Greater China, Teh-han Chow, says the investment builds on Fonterra's nearly half-century presence in China and reflects the co-op's focus on staying close to customers in a fast-moving market.
"China's foodservice sector is evolving quickly, and our customers are looking for dairy solutions that help them respond to changing consumer tastes with speed, quality and confidence.
"Through our upgraded centre, we can co-create more closely with customers, develop more relevant applications, and bring the benefits of premium New Zealand grass-fed dairy to more Chinese consumers across Southwest China and beyond.
"By bringing our technical expertise closer to customers in Chengdu, we can better understand local needs, move faster on new ideas and help turn those insights into practical foodservice solutions."
New modern kitchens will allow customers to see how Fonterra products perform in applications such as cakes and beverages, supported by seminars, demonstrations and virtual learning sessions led by Anchor Food Professionals advisory chefs.
Chengdu, the megacity capital of Sichuan province, is known for its spicy food and teahouse culture. In 2010, it became the first city in Asia to be named a UNESCO City of Gastronomy, making it a natural place for Fonterra to expand its local investment.
Alongside sites in Beijing, Shanghai, Guangzhou, Shenzen and Wuhan, Chengdu is one of six Fonterra application centres in China. This network helps Fonterra work closely with customers to understand changing food trends, support innovation, grow demand for New Zealand milk and deliver more value for farmer shareholders.
New Plymouth-based Manuka honey exporter Egmont Honey has completed its acquisition of Taihape beekeeping business Tweeddale's Honey, with settlement finalised on Friday, 18 September.
Westpac NZ is calling on farmers and growers to start preparing now for the possibility of a dry summer, as likely El Niño conditions raise the risk of drought across parts of the country.
Fonterra Co-operative Group has confirmed the independently assessed candidates standing for election to its board in 2026.
Fonterra has revised its Farmgate Milk Price forecast for the 2026/27 season, lifting the midpoint and narrowing the range on the back of improving global dairy commodity prices.
New Zealand's citrus growers were challenged to build their future on the value embedded in their fruit rather than the volume they produce, at Citrus New Zealand's annual gathering in Gisborne on 17 September.
Leading John Deere technicians and apprentices from New Zealand and Australians were recognised at the recent sixth annual JD Technician of the Year Awards, held in Brisbane.
OPINION: It seems Canterbury processor Synlait is still in the doldrums.
OPINION: Get offside with New Zealand First leader Winston Peters at your own peril.