Tag Archives: Fonterra

Fonterra Cooperative Group has tapped Robert Spurway to head up its global operations division in a newly created role as New Zealand’s dominant dairy exporter chases global ingredient sales to offset volatility in dairy prices. Spurway is currently with the company as acting director of New Zealand operations in NZ milk products and has previously worked across the Tasman for …

The Ministry for Primary Industries has filed four charges in the Wellington District Court against Fonterra Cooperative Group for breaches of the Animal Products Act during last year’s whey protein concentrate incident. The charges are that Fonterra failed to process dairy products in accordance with its risk management programme and didn’t notify authorities about the lapse, exported dairy products that …

Fonterra Cooperative Group, the world’s biggest dairy exporter, will “vigorously defend” a claim by French food processor Danone over last year’s recall of whey protein concentrate. best essay writing services The Auckland-based company is working through Danone’s claim after negotiations for a commercial settlement failed. The French company will file papers in the High Court in Auckland today and has …

Units of Fonterra Shareholders’ Fund were cut to ‘sell’ from ‘hold’ by brokerage Craigs Investment Partners because of the ongoing squeeze of rising raw material costs and weaker prices for value-added products such as casein and cheese. Fonterra’s 2014 normalised earnings before interest and tax may fall 24 percent to $764 million, Craigs analyst Arie Dekker said in a report. …

Fonterra Cooperative Group chief executive Theo Spierings says months of talks with Danone over losses from the whey protein concentrate recall have failed to reach a commercial solution, suggesting the issue may end up in the courts. Danone put the cost of the Fonterra WPC 80 recall at 350 million euros when it announced its third-quarter results last month. Spierings …

By Brierley Penn “I think that we are world class in manufacturing and in food safety, but we have to lift our game,”said Theo Spierings, CEO of Fonterra, at today’s China Business Summit, held in Auckland. “We have to become the NASA of food safety and quality.” Spierings brought a message of collaboration and unity in rebuilding New Zealand’s reputation …

Fonterra Cooperative Group, which was embroiled in a false food safety alarm last month, is seeking to double its Chinese milk production in China with plans for a second farming hub in the Shanxi Province. The world’s biggest dairy exporter plans to develop five 3,000-cow farms in Ying County, doubling its Chinese milk production to an annual 300 million litres, …

New Zealand dairy products ranging from milk powder to mozzarella cheese are being held on the wharves at Chinese ports as officials debate what form of additional testing should be applied following Fonterra Cooperative Group’s whey protein scare. free spy apps for iphone The Ministry of Primary Industries in Wellington confirmed to BusinessDesk late last week that exporters other than …

cell phone spy free p id=”yui_3_7_2_1_1377459141818_2879″>Fonterra Cooperative Group says it has suspended its consumer operations in Sri Lanka, where sales of its products have been temporarily banned from sale, because of nationalist protests outside its local offices. The company”s Sri Lanka business is currently prevented by a court order from selling, advertising or making public statement with customers or consumers, …

?Fonterra Cooperative Group, beset by food standards issues after the bacteria that can cause botulism was found in its supply chain, had another stumble in China in May when 42 tonnes of milk powder were held up over elevated nitrate levels. cell phone hacking The milk powder was among 163 batches of foods and cosmetics prevented from entering China by …