Displaying items by tag: Fonterra

Fonterra has appointed Pascal De Petrini as managing director of its Asia Pacific, Middle East & Africa (APMEA) business unit.

PEOPLE WHO WANT to make submissions to stage one of the Government Inquiry into the Whey Protein Concentrate Contamination Incident have until October 14 to do so.

THE FONTERRA Shareholders' Council says the final payout of $6.16 ($5.84 farmgate milk price and 32c dividend) for a fully shared-up farmer was an accurate reflection of the season.

Fonterra has forecast an increase in its 2014 farmgate milk price by 50c to $8.30 per kgMS.

SMALL AND medium-size infant formula makers are each losing up to $2 million a week in China as consumer confidence erodes following the false Fonterra botulism scare.

FONTERRA MAY soon own its first dairy farms in Australia. The Australian newspaper reports Fonterra is teaming up with state-owned China Investment Corporation to buy Van Diemen's Land (VDL), Tasmania, in whole or in part.

Fonterra's second farming hub in China will be located at Ying County, Shanxi Province and  it is looking to secure strategic partners in the development.

FONTERRA’S RECENT botulism scare has not dented customer confidence, says chairman John Wilson.

Fonterra remains fourth in Rabobank's list of the top 20 dairy companies with a turnover of US$16 billion in dairy sales in 2012.

Fonterra chief executive Theo Spierings says its precautionary recall was not the result of any one single cause, but the result of a number of separate and unrelated events occurring in an unforeseen sequence.