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Fonterra half-year profits jump 50% jump despite poor performance in Asia

March 23, 2023March 23, 2023

NEW ZEALAND – Fonterra, a New Zealand multinational publicly traded dairy co-operative has reported an impressive 50% jump in half-year…

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Dairy & Infant Foods Financials & Economy LATEST NEWS WORLD NEWS 

Nestlé and Fonterra forge 10-year farm emission reduction alliance in New Zealand

December 1, 2022December 1, 2022

NEW ZEALAND – Nestlé and Fonterra have partnered to reduce New Zealand’s dairy farm emissions by 30% by mid-2027 and…

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Dairy & Infant Foods LATEST NEWS Sustainability WORLD NEWS 

Fonterra divests Chile dairy assets to Peru’s Gloria to focus on New Zealand milk

November 22, 2022November 22, 2022

NEW ZEALAND – Multinational dairy cooperative Fonterra divested its Chile dairy assets to Peru’s Gloria Foods in several transactions totaling…

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LATEST NEWS 

FrieslandCampina Ingredients obtains approval and strain exclusivity in Australia and New Zealand

November 14, 2022November 14, 2022

AUSTRALIA – FrieslandCampina Ingredients has been granted approval and strain exclusivity in Australia and New Zealand for its Aequival 2′-fucosyllactose…

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Dairy & Infant Foods LATEST NEWS Nutrition, Health & Wellness WORLD NEWS 

Fonterra invests US$28.94m in wastewater processing improvement at Te Awamutu site

October 25, 2022October 25, 2022

NEW ZEALAND – Dairy co-op Fonterra planned to invest NZD 51 million (US$28.94m) to improve wastewater processing at its Te…

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Dairy & Infant Foods Investments & Funding News LATEST NEWS Sustainability WORLD NEWS 

Lamb Weston eyes total takeover of Lamb Weston-Meijer’s equity interest

October 21, 2022October 21, 2022

NETHERLANDS – Lamb Weston Holdings, Inc. an American food processing company, has agreed to acquire the remaining equity interests in…

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LATEST NEWS Mergers & Acquisitions WORLD NEWS 

Yili’s Westland Milk acquires Canary Foods to expand and access global markets

October 4, 2022October 4, 2022

NEW ZEALAND – The Hokitika-based subsidiary of China’s Yili, Westland Milk, has acquired a privately owned dairy manufacturer Canary Foods…

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Dairy & Infant Foods LATEST NEWS Mergers & Acquisitions WORLD NEWS 

Fonterra launches supplements to improve cognitive performance and immune health

September 29, 2022September 29, 2022

NEW ZEALAND – Fonterra has indicated signs of focusing more on the Nutrition, Health, and wellness category through the launch…

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Dairy & Infant Foods LATEST NEWS Nutrition, Health & Wellness WORLD NEWS 

Fonterra trials world first organic polymer battery in pursuit of emission-free manufacturing

September 28, 2022September 28, 2022

NEW ZEALAND – Pushing the wheel of sustainability forward in the dairy industry, Fonterra has announced the start of trialing…

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Dairy & Infant Foods LATEST NEWS Sustainability WORLD NEWS 

Fonterra reports 11% revenue growth in full year 2022, records highest payout to farmers

September 24, 2022September 28, 2022

NEW ZEALAND – Multinational dairy cooperative Fonterra has reported an 11% growth in group revenue, to NZD23.4bn (US$13.53bn), for the…

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Dairy & Infant Foods Financials & Economy LATEST NEWS WORLD NEWS 

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  • Fonterra half-year profits jump 50% jump despite poor performance in Asia
  • Coca-Cola pulls Innocent dairy-free products off-shelf
  • Rwanda eyes 600% avocado export growth by 2026
  • Ugandan Government seeks US$72.9m to rescue Atiak Sugar Factory from Equity Bank’s takeover
  • Gledhow Sugar Company enters business rescue as sugarcane farmers and workers face uncertain future

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