Displaying items by tag: Fonterra

It's been another bad morning for the dairy industry.

Fonterra has welcomed the formal approval by the shareholders of Beingmate Baby and Child Food Company Ltd to establish a joint venture to purchase the cooperative's Darnum plant in Australia.

Your old mate wonders if the recent sudden and under-the-radar departure of Fonterra's top communications man Kerry Underhill may be linked to the board's recent re-think on the co-op's communications strategy.

On-shelf dairy prices for consumers in China are too high so demand is not growing, says Fonterra's chief executive Theo Spierings.

Fonterra says its Te Awamutu site has become the first in the world to be awarded the Food Safety System Certification 22000 – Quality, an internationally recognised food safety accreditation.

Fonterra says milk collection this season will be down 5% compared to last year.

Fonterra has delivered some good news for its farmers this morning – it's lifting the forecast earnings per share by 5c/kgMS and boosting its financial aid to farmers.

Fonterra's communications boss Kerry Underhill has left the co-op after only two years on the job.

Fonterra's grip on the New Zealand ice cream market is facing a new test.

Fonterra has recently doubled its capacity to produce lactoferrin, a high-value ingredient that requires 10,000 litres of milk to produce one kilogram.