Science fiction
OPINION: Last week's announcement of Prime Minister’s new Science and Technology Advisory Council hasn’t gone down too well in the science community.
This is the company that has spent millions preparing a greenfield site near Otorohanga to build a new milk plant but is still looking for capital to construct the plant.
The company's loan facility is due to expire at end of this week and a decision on whether the project is still a goer could be made soon.
Fonterra collect most of the milk from around Otorohanga and the co-operative's farmer shareholders are privately opposed to the project. They claim there is no need for more stainless steel capacity and that the NZ milk pool is not growing.
