Fonterra's after-tax profits for the first half of the year rose by 50% as the co-op shifted milk into higher-priced commodities such as cream and skim milk powder.
Fonterra’s R&D teams are working to develop dairy products that deliver health benefits around improved cognition, sight and even mood. We hear from Judith Swales, CEO of Fonterra Asia Pacific, to learn more.
Dairy cooperative Fonterra outlined its strategic innovation priorities – with a focus on nutritional benefits such as ‘cognition, sight and stress’ – as it noted higher milk prices were squeezing the margins of dairy processing business.
New data published by the Coller FAIRR Protein Producer Index says despite pockets of leadership and innovation the animal agriculture sector is unprepared for the decade of transition on climate change and risks looking “outdated and unattractive.”
Fonterra’s dairy ingredient business, NZMP, is launching a new carbonzero certified organic butter. Hans Huistra, Fonterra president of Europe and Africa, speaks to FoodNavigator about the launch and the drive to low-carbon dairy.
Dairy price recovery in 2017 has positively affected the combined turnover of the top 20 companies, which, in 2017, was up 7.2% on the year in US dollar terms, according to RaboResearch’s latest report, ‘Global Dairy Top 20 – A Shuffling of the Deck Chairs.’
A just-published Greenpeace investigation alleges that New Zealand dairy giant Fonterra Cooperative Group’s key supplier of palm kernel extract (PKE) has links to a huge expanse of deforestation in Indonesia.
Fonterra’s Research and Development Centre alongside its global ingredients business, NZMP, has developed a new white butter product for manufacturers in the Middle East market.
The elderly needn't make significant dietary changes to boost their daily intake of protein and could instead rely on enriched "everyday food", research by Fonterra suggests.
Danone has terminated its existing supply contract with Fonterra and plans to sue the dairy exporter over the whey protein concentrate (WPC) Clostridium botulinum contamination scare that led to product recalls across Asia, Australasia and the Middle...
Danone has confirmed that it is seeking around €200m ($270m) in compensation from Fonterra to cover the costs associated with the infant formula product recalls it ordered in response to the New Zealand-based dairy exporter's recent whey protein...
Warren Buffett famously once warned: “It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently.”
Europeans are among the most apathetic people in the world about their health as they age – creating big challenges for manufacturers of healthy foods targeting this growing demographic, suggests new research from Fonterra.
Dairy giant Fonterra has entered into a “mutually beneficial” agreement that will see it process dairy ingredients in the Netherlands for the first time.
Improved performance within Fonterra’s ingredients businesses worldwide has seen the firm announce a record turnover of NZ $19.9bn (€11.6bn) in 2010/11.
Danisco has signed a deal that will allow the ingredients supplier to sell two probiotic strains developed by Fonterra to a wider food and drink audience.
After a busy period of expansion for Fonterra, the New
Zealand-based dairy cooperative says it remains far from finished
with its global consolidation plans as it looks to key markets such
as Asia to target growth.
This week, Glanbia says it expects to offset dairy cost pressures
by meeting full year growth, and Fonterra is expected to target
expansion in Australia.
Fonterra is launching a new online sales channel for its dairy
commodities which will allow it to respond more quickly to price
changes - and may spur the development of an international dairy
futures or derivatives market.
Fonterra has developed a technique that allows colostrum to be
added to ready-to-drink beverages with a longer shelf-life, opening
up opportunities for new kinds of products and building sales of
the ingredient in Asia.
New Zealand dairy group Fonterra will today unveil a range of dairy
protein crisps with up to 80 per cent protein content for use by
makers of energy and sports bars as well as healthy and slimming
snack foods.
New Zealand dairy co-operative Fonterra has upped its share price
offer for Australia's leading dairy company National Foods,
trumping a rival bid from San Miguel Corporation (SMC) and gaining
the unanimous backing of National...
Fonterra intends to make an off market takeover offer for all of
the shares of National Foods Limited [NFD] in a bid to open up the
lucrative Asian food and beverage market, writes Anthony
Fletcher.
Fonterra has built a new processing plant in New Zealand as part of
its strategy to move its dairy business away from commodification
and towards producing more value-added products.
Fonterra has built a new processing plant in New Zealand as part of
its strategy to move its dairy business away from commodification
and towards producing more value-added products.
Dairy ingredients giant Fonterra says a new joint venture, set up
to search for novel health ingredients in milk, has already
identified a number of bioactives, currently waiting for patents.
Fonterra Cooperative, a New Zealand based dairy products company,
said on Monday that it has various growth options but remained coy
on its intentions towards Australia's National Foods, reports Dow
Jones.
An attempt by a food ingredients billionaire to take over New
Zealand's second biggest dairy company could head into difficulties
if a farmers' collective wins the day, reports local New Zealand
paper The Evening Post.
A New Zealand entrepreneur, the main shareholder in Australian food
ingredients firm Burns Philp, announced a takeover bid on Friday
for dairy products company New Zealand Dairy Foods.
New Zealand's competition regulator on Friday said it was again
negotiating to extend the deadline for its decision on whether
Australian dairy group National Foods can buy New Zealand Dairy
Foods.
French food group Groupe Danone was yesterday named as a likely
suitor for the Fonterra offshoot New Zealand Dairy Foods, reports
The New Zealand Herald.
