Fonterra to double butter output at Edgecumbe to meet Chinese demand for ‘muddy buns’

CHINA – Fonterra, a multinational dairy co-operative, is set to double up its butter output at Edgecumbe to meet the increasing demand for Chinese ‘muddy buns’ which is  a growing trend. According to the company, ‘Muddy Buns, Dirty Dirty Bread, or Zang Zang Bao’ as they’re known in China, are creating a social media frenzy…

China dairy company Beingmate appoints new general manager

CHINA - Chinese milk powder manufacturer Beingmate has appointed a new general manager – a move welcomed by minority shareholder Fonterra – as it aims to re-focus its business for growth. Bao Xiufei joins Beingmate from the Chinese business of Dutch dairy company Royal FrieslandCampina, where he most recently held the titles of Friso chief…

Synlait Milk announces Fonterra’s Ex-Managing Director as new CEO

NEW ZEALAND - Synlait Milk, a dairy processing company, has announced Leon Clement, who was Fonterra’s Managing Director of Fonterra Brands New Zealand, as the new CEO from mid-August. According to the company, the appointment was the outcome of a global recruitment search undertaken following cofounder and inaugural CEO John Penno’s announcement in November 2017…

Fonterra enhances water efficiency at milk powder drying operation

NEW ZEALAND - The New Zealand co-operative group, Fonterra has developed and installed ‘a ground-breaking reclaimed water system’ in New Zealand with a goal to save half a million litres of ground water daily (equivalent to 18 milk tanker’s worth). The site reuses water from condensation that is produced from milk powder manufacturing process. The…

Fonterra partners with Lazada to improve online dairy shopping to consumers

NEW ZEALAND - Fonterra, the world’s largest dairy exporter, has partnered with Lazada, the leading online shopping destination to bring its dairy goodness to online consumers in Southeast Asia for the first time in the region. According to the company, this partnership is the first of its kind with an e-commerce company in Southeast Asia.…

Fonterra-EECA partnership set to reduce emissions 25% at Brightwater site

NEW ZEALAND - Fonterra’s Brightwater dairy factory is set to reduce its carbon dioxide emissions by 25% following an industry first move that will significantly reduce the site’s reliance on coal. According to the company, it received a funding support from the Energy Efficiency and Conservation Authority (EECA), therefore conversion is about to get underway…

Fonterra partners with Apollo Foods in new technology to boost beverage market

NEW ZEALAND - Fonterra and Apollo Foods, an innovative start-up company have partnered to launch a new technology capable of running dairy and fruit beverages to boost the beverage industry in New Zealand. They have collaborated to install an innovative beverage filling technology that allows production of different containers on site and fill them with…

New Zealand dairy coop Fonterra CEO resigns as company reports loss

NEW ZEALAND – New Zealand dairy co-operative Fonterra has announced that its Chief Executive Theo Spierings will be leaving his role and the company later in 2018, and that they had embarked on a process in search of a new CEO. As part of the succession process, the company has said the decision to resign…

Fonterra profits slumps, blames downturn on a US$294m China write-down

NEW ZEALAND - Fonterra, the New Zealand dairy giant, posted s loss of US$252m after poor performance of Beingmate, the Chinese baby food in which it has a stake,  which led to massive write downs of upto US$294 million for the half year ending January 31. However, the dairy reported that overall sales revenue was…