Almost a year since it formed a partnership with India’s retail pioneer, Fonterra has released its first consumer products onto the country’s booming and fast-moving market.
Mars has signed an agreement to purchase a majority shareholding in German targeted nutrition business, foodspring and, as part of this transaction, Fonterra has sold its interest in foodspring’s parent Goodminton A.G, and will realize a gain on sale...
UK dairy company First Milk has formed a new strategic partnership with Havero Hoogwegt for global whey protein concentrate 80 (WPC80) sales and distribution.
This week’s Dairy Dialog podcast features three interviews, with Phil Griffin, Froneri Group head of sales on Froneri’s purchase of Fonterra’s Tip Top ice cream operation; on some new flavored butters in the US, with Bennett's Butter Co. chef and...
Fonterra farmers in Australia participating in the company’s Fixed Base Milk Price will be paid a guaranteed price of A$6.80 (US$4.74) per kilogram of milk solids (kgMS) for a portion of their milk for the 2019/20 season.
Beverage giant Coca-Cola and New Zealand dairy major Fonterra have partnered in what has been deemed a Strategic Alliance in South East Asia, with the first range of products from this having just been launched in Vietnam under the Nutriboost brand.
Fonterra Co-operative Group Limited has announced its 2019 interim results, which show the coop has returned a Net Profit After Tax (NPAT) of NZ$80m (US$55m), but normalised Earnings Before Interest and Tax (EBIT) are down 29% on the same period last...
New Zealand’s Fonterra Co-operative Group Limited has increased its 2018/19 forecast Farmgate Milk Price range to NZ$6.30-NZ$6.60 (US$4.29-$4.49) per kgMS, up from NZ$6.00-NZ$6.30 (US$4.08-$4.49), and revised its forecast earnings down to 15-25 cents...
NZMP, the global ingredients brand of Fonterra, has studied insights from some of the world’s largest food and nutrition research providers to create its top five dairy trends for 2019.
New Zealand dairy cooperative Fonterra has taken a stake in Motif Ingredients, a US-based food ingredients company that develops and commercializes bio-engineered animal and food ingredients.
Fonterra has announced it will introduce a new financial tool to help farmers gain more certainty of what they will be paid for their milk for the season.
The Health Ingredients Europe event, which incorporates two other shows, Natural Ingredients and Expo Food Tech, was held in Frankfurt, Germany, from November 27-29.
New Zealand’s Fonterra Co-operative Group Limited has revised its 2018/19 forecast Farmgate Milk Price range from NZ$6.25-$6.50 (US$4.30-$4.47) per kgMS to NZ$6.00-$6.30 (US$4.13-$4.33) per kgMS.
Fonterra’s Brightwater milk processing plant in Nelson, New Zealand, is now co-firing on wood after the site’s newly converted boiler was officially switched on.
Fonterra has teamed up with New Zealand-owned start up, Future Post, to turn Anchor Light Proof milk bottles and other soft plastics into fence posts for farms.
DairyReporter’s upcoming online webinar on Dairy Innovation takes place live online on Thursday, November 15, at 2pm UK time (3pm Paris, 9am New York).
Australia is increasingly wielding its soft power to teach workers in Asia more efficient dairy production techniques as income from exports to the region continues to rise.
New Zealand’s Fonterra Co-operative Group Limited has revised its 2018/19 forecast Farmgate Milk Price from NZ$6.75 (US$4.37) per kgMS to a range of NZ$6.25-NZ$6.50 (US$4.05-US$4.21) per kgMS and increased its forecast New Zealand milk collection volumes...
New Zealand dairy cooperative Fonterra has announced its FY18 annual results, the plan to improve its business performance and the outlook for FY19, including a review of its investment with Chinese company Beingmate.
New Zealand’s Fonterra Co-operative Group Limited has revised its 2018/19 forecast Farmgate Milk Price from NZ$7.00 (US$4.66) per kgMS to NZ$6.75 (US$4.49) per kgMS.
Fonterra’s new cream cheese plant has started production and is set to manufacture up to 24,000 metric tonnes of cream cheese annually for the Chinese market.
Fonterra Co-operative Group has announced Miles Hurrell will take over as the New Zealand cooperative’s interim chief executive with immediate effect, and the search for a new CEO will temporarily be halted.
Fonterra Co-operative Group Limited has revised its forecast 2017/18 Farmgate Milk Price, and updated its normalized earnings per share and dividend guidance.
Fonterra has announced a joint venture partnership with one of India’s largest consumer companies, Future Consumer Ltd, to produce a range of consumer and foodservice dairy products for the Indian market.
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 Australia and Bellamy’s Organic Pty Limited have strengthened their strategic partnership by signing a long-term supply agreement for the recruitment and supply of organic milk in Tasmania.
New Zealand dairy cooperative Fonterra is adding a new channel to its global foodservice business – Beverage House – to capitalize on what it says is an increased global demand for ‘adventurous’ tea and coffee drinks.
Half a million liters of Pahiatua groundwater (equivalent to about 18 milk tanker loads) will be saved daily due to the development and installation of a reclaimed water system at the local Fonterra site.
New Zealand’s Commerce Commission has released its opinion that Fonterra’s estimate of risk in calculating the cost of financing milk processing operations is too low.
New Zealand cooperative Fonterra, the world’s largest dairy exporter, is expanding its online presence to consumers in Southeast Asia for the first time through a new partnership with Lazada, an online shopping destination in the region.
New Zealand’s Fonterra Co-operative Group Limited has announced an opening forecast Farmgate Milk Price of NZ$7.00 (US$4.84) per kgMS for the 2018/19 season.
Fonterra’s Brightwater dairy factory is set to reduce its CO2 emissions by 25% following an industry first move that will significantly reduce the site’s reliance on coal.
International nonprofit GRAIN has revealed that the world’s top 10 dairy companies emitted roughly 231Mt (million tons) of CO2 in 2016, the equivalent of half of France’s total GHG footprint and a quarter of the emissions emitted by Germany.
Fonterra ended the first half of its 2017 financial year with revenue up 5% to NZ9.2bn (US$6.5bn) on the same period last year, and net profit after tax up 2%.
