There could be another dairy health scare brewing in China and this one starts in our backyard.
Displaying items by tag: Theo Spierings
FONTERRA HAS reduced its forecast farmgate milk price for the 2014/15 season from $7 to $6/kgMS and announced an estimated dividend range of 20-25 cents per share
FONTERRA IS "very confident" with its legal position in the Danone case and has budgeted just $11 million, says Lukas Paravicini, chief financial officer.
FONTERRA PLANS to spent up to an extra $500 million to increase capacity through its plants, with emerging market demand growing faster than expected, says chief executive Theo Spierings.
Fonterra has appointed Pascal De Petrini as managing director of its Asia Pacific, Middle East & Africa (APMEA) business unit.
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.
Fonterra is in damage control as its export markets react to potentially contaminated whey protein concentrate ending up in infant formula and other dairy products.