Displaying items by tag: Fonterra

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.

The world's largest milk powder drier at Fonterra's Darfield site kicked into gear last week.

Fonterra chairman John Wilson and chief executive Theo Spierings will lead a board of directors' visit to China next week to meet with Fonterra management and key stakeholders.

Canterbury-based processor Synlait Milk says it has decided to take a "significant allocation" of milk from Fonterra as permitted under the Dairy Industry Restructuring Act for the year ending July 2014.

Fonterra says MPI has confirmed that additional independent testing has definitively established no presence of Clostridium botulinum in Fonterra's whey protein concentrate.

The Ministry for Primary Industries has received results confirming the bacteria found in the whey protein concentrate (WPC) manufactured by Fonterra is not Clostridium botulinum.