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The Dawn reconstituted liquid milk has the same content as the Rewa Life but is sealed in a red packet. Chief executive Amita Singh earlier said the short supply of some Rewa products was the result of the shortage of raw material. "Consumers may be
German food technology company GEA Group Aktiengesellschaft says it has bought a New Zealand company, Nu-Con, which is a major global supplier of equipment to handle raw bulk materials. Auckland-based Nu-Con has 167 employees, and generated revenues
Dairy giant Fonterra wants to pour another $250 million into trebling milk production at its Darfield site with a new dryer vying to be the largest in New Zealand. The co-operative entered talks about stage two of the project with neighbours at a
25 05/06/2011 Chinese interests could be putting New Zealand's export trade at risk. Experts have warned operators are using the country's lax company laws to create complex structures that allow them to appear to be New Zealand companies.
Fonterra Cooperative Group had its long-term debt rating affirmed at AA- by Fitch Ratings, which cited a strong credit profile, synergies between its ingredients and consumer units, and the legal subordination of its milk payments to farmers.
Fonterra Cooperative Group, the world's biggest dairy exporter, says it is on track to report record production for the 2010/2011 season, after a mild autumn resulted in record pasture growth. With two weeks in the season still to go, the dairy giant
A US heavyweight dairy company that looks to be the first to join Fonterra's global online auction was among rivals who questioned the groundbreaking sales platform when it was launched. California Dairies, which handles 9 per cent of total US milk
The quality of the nation's fresh milk has improved and testing shows it is now free from melamine, according to the Ministry of Agriculture. The ministry, which oversees the production and collection of fresh milk, is responsible for ensuring its
Fonterra, the world's largest dairy exporter, may cut next season's farmer payout by about 13 per cent as New Zealand's currency strengthens, ASB Bank and BNZ have said. The company may pay its 10,500 farmer shareholders $7 a kg of milk solids in the
Fonterra says some months' before auction site sells other companies' product May 11 (BusinessDesk) Fonterra Cooperative Group says it will be some months before it agrees to sell rival dairy companies' product on the globalDairyTrade platform. The