Fonterra Announces Interim Leadership Changes Ahead of Richard Allen CEO Transition
Fonterra has announced interim changes to the leadership of its Global Ingredients business.
OPINION: The hustle and bustle of one of Bangkok's most popular fast food outlets may feel a world away from a typical Fonterra farmer's operation.
Yet KFCs all over Thailand use milk from New Zealand farms, thanks to a recent custom partnership.
The key ingredient used is a cooking cream, from milk that is powdered, and then shipped to the Netherlands to be processed.
This specialised product, created for KFC but now spreading to other restaurants, makes Portuguese egg tarts - a permanent dessert item on the chicken outlet's menu.
The egg tarts are just one example of Fonterra's somewhat invisible efforts in Thailand to move milk into the country through its food service division.
And KFC is but one of 9000 outlets Fonterra says it services in the kingdom.
State farmer Pāmu says a programme it's running to help skilled operators into farm ownership is paying dividends.
Central Otago farmer Bevan McKnight no longer worries about leaving a few Angus cattle behind while mustering on the 13,000ha station he leases.
Livestock Improvement Corporation (LIC) and the Ag Emissions Centre have completed the latest phase of a mult-year methane research project, providing important insight into the role genetics may play in reducing gross emissions.
A lavish signing ceremony in Delhi has cemented in place a deal that will have massive economic benefits for some of NZ's key primary exports - notably forestry, horticulture, sheepmeat and wool.
Fonterra has announced interim changes to the leadership of its Global Ingredients business.
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