So, cows are a major source of methane but how do you measure how much gas a cow burps?
Fonterra says it has been “fully transparent’ about Beingmate’s performance and its impact on the co-op’s financial position.
Fonterra shareholders could end up losing over $1 billion on the co-op’s controversial investment in Chinese infant formula company Beingmate, says business commentator Rod Oram.
Beingmate is very close to appointing a chief executive officer, says Fonterra’s chief executive Theo Spierings.
Fonterra's China business head Christina Zhu says its Beingmate joint venture needs a leadership revamp.
Fonterra is disputing claims made in the April 10 issue of Dairy News that its plans to turn around the co-op’s disastrous investment in Chinese baby food company Beingmate will be hampered by the return of the company’s founder.
Chinese media say Fonterra’s two directors on its joint venture, Beingmate have expressed reservations about a new independent director approved by the board recently.
Fonterra's plan to turn around its disastrous investment in Chinese baby food company Beingmate won’t be smooth sailing.
Fonterra's lack of majority control over troubled Chinese company Beingmate is hindering efforts to turn it around.
The China infant formula market has been very challenging for several dairy companies operating there for the last 18 months – not just Fonterra, says Rabobank senior dairy analyst Michael Harvey.