Fonterra - food industry company news 
SWEDEN/NZ: Arla joins GlobalDairyTrade auction site
14 December 2011
Arla Foods is to become the latest dairy processor to sell products on GlobalDairyTrade, the auction platform for dairy commodities set up by rival dairy company Fonterra.
AUS/NZ: Murray Goulburn joins Fonterra's GlobalDairyTrade site
1 December 2011
Australian dairy co-op Murray Goulburn has today (1 December) confirmed that it will sell lactose on Fonterra's commodity auction platform GlobalDairyTrade.
CHINA: Fonterra plans to double Chinese sales by 2020
25 November 2011
Fonterra CEO Theo Spierings has said the dairy giant wants to double its sales in China by 2020.
Quote, unquote: just-food's week in words
21 November 2011
There was increasing speculation over the future strategies of PepsiCo and Unilever this week, with talk the structure of the two companies could change. HJ Heinz, meanwhile, is undergoing its own period of change and announced plans to close three more factories.
NZ: Fonterra chairman van der Heyden to quit next year
17 November 2011
Fonterra chairman Sir Henry van der Heyden plans to step down from the role next year after a decade in the job.
US/NZ: Fonterra's Mikhalevsky set for California Dairies hot seat
15 November 2011
Fonterra executive Andrei Mikhalevsky will become president and CEO at US dairy co-op California Dairies next year.
NZ: Fonterra dumps 50m litres of milk due to gas shortage
27 October 2011
New Zealand dairy giant Fonterra has been forced to dump 50m litres of milk because of a gas shortage to its plants.
NZ: Fonterra hit by gas shortages
26 October 2011
Dairy giant Fonterra has been forced to shut down some of its sites because of a damaged gas pipeline in New Zealand.
CHINA: German dairy giant DMK plans Shanghai office
13 October 2011
DMK, Germany's largest milk processor, plans to open a sales office in Shanghai as it looks to expand its presence in China's fast-growing dairy market.
NZ: Overseas business boosts Fonterra profits
22 September 2011
New Zealand dairy giant Fonterra today (22 September) reported a 13% rise in annual profits thanks to growth from its international operations.
Quote, unquote: just-food's week in words
12 September 2011
Morrisons chief executive Dalton Philips this week insisted the UK retailer had been able to adapt to the tough trading conditions in the country. In the US, PepsiCo CFO Hugh Johnston said high inflation and low growth was forcing all FMCG companies to reassess their strategies.
Editor's choice: the highlights on just-food this week
12 September 2011
The slowdown in the UK economy appears to be helping one business. This week, Morrisons revealed financial results that showed it was adapting better to the challenging trading conditions than its rivals. Across the Atlantic, meanwhile, leading US executives indicated how tough the economic environment is in the US. Click on the headlines for more.
NZ/UK: Fonterra, First Milk sign whey protein JV
5 September 2011
Fonterra, the New Zealand dairy giant, has signed a deal to make whey proteins with UK co-op First Milk.
Quote, unquote: just-food's week in words
26 August 2011
There was perhaps only one candidate for quote of the week after the chief executive of UK retailer The Co-operative Group said conditions in the UK were the worst he had seen in his career.
NZ: Fonterra to cut organic dairy operations
22 August 2011
New Zealand dairy giant Fonterra is planning to scale back its loss-making organic dairy operations.
NZ: Competition watchdog decides against milk price inquiry
3 August 2011
New Zealand's Commerce Commission has decided not to hold an inquiry into milk prices after arguing that there is enough competition at retail and wholesale level in the market.
NZ: Fonterra claims endorsement of pricing policy
22 July 2011
The way Fonterra sets New Zealand's national milk price is "sound", according to a report commissioned by the dairy giant.
US/NZ: DairyAmerica joins Fonterra's GlobalDairyTrade platform
21 July 2011
US dairy marketing firm DairyAmerica is to start selling products on GlobalDairyTrade, the auction platform for dairy commodities devised by Fonterra.
CHINA: Fonterra confirms details of third dairy farm
19 July 2011
Fonterra has published the details of its third dairy farm in China, nine months after said it was looking at plans to add to its network in the country.
Editor's choice: the highlights on just-food this week
15 July 2011
Premier Foods' appointment of Kraft's Mike Clarke as its new CEO this week was a surprise move but one welcomed by the market. Investors in Brasil Foods were also cheered by the news that the 2009 merger that created the company was cleared by Brazil's competition watchdog. However, a plan to combine Brazil's largest retailer, CBD, with Carrefour's local operations was halted amid continued opposition from Casino, which prompted the country's national development bank to pull planned funding for the deal. Click on the headlines for more.
Quote, unquote: just-food's week in words
15 July 2011
In an eventful week, the plan to merge Brazil's largest retailer with Carrefour's local operations was called off, new CEOs were appointed at Premier Foods plc and Fonterra and Greencore made an offer to buy UK private-label firm Uniq. Click on the links for more coverage of the stories.
NEW ZEALAND: Fonterra appoints Spierings as CEO
14 July 2011
New Zealand dairy group Fonterra has appointed former Friesland Foods executive Theo Spierings as its CEO.
NETHERLANDS: Fonterra plans R&D centre
14 July 2011
New Zealand-based dairy co-operative Fonterra has revealed it has opened a research and development centre in Amsterdam.
AUS: Bega Cheese confirms IPO plans
12 July 2011
Australian cheese manufacturer Bega Cheese has confirmed that it is in the final stages of preparing a A$35m (US$37m) IPO to list on the Australian Securities Exchange.
GLOBAL: European M&A drives change in Rabobank dairy poll
28 June 2011
The two major pieces of consolidation in Europe's dairy sector over the last 12 months have driven the main moves in Rabobank's annual survey of the world's largest 20 companies in the sector.
NZ: Fonterra risks regulation under Commission probe - report
24 June 2011
New Zealand's Commerce Commission could end up regulating the $11bn dairy industry and dairy giant Fonterra if investigations into milk prices throws up any flaws, according to reports.
Quote, unquote: just-food's week in words
24 June 2011
This week Whole Foods outlined its ambitions for some 1,000 stores in the US, while ConAgra kept its sights firmly on acquiring Ralcorp. just-food spoke to Tyrrells new international marketing manager about the company's "entertaining" crisp and Asda remained nonchalant following the departure of its COO. Here is the best of what was said this week.
Editor's choice: highlights on just-food this week
24 June 2011
Fonterra confirmed plans this week that it is in talks over a joint venture in cheese and whey production in Europe. Meanwhile, ConAgra has affirmed that its sights are still firmly set on acquiring Ralcorp. Wal-Mart has continued to see its top executives leave, with the third executive leaving its Chinese unit, while its UK division, Asda, lost its COO Simon King. Click on the headlines for more.
NZ/EUROPE: Fonterra eyes European joint ventures
21 June 2011
New Zealand dairy giant Fonterra has confirmed to just-food that it is in talks with European dairy processors over a joint venture in cheese and whey production.
CHINA: Fonterra to issue bond to fuel China growth
17 June 2011
New Zealand dairy giant Fonterra plans to try and raise CNY300m (US$42m) through a bond issue in Hong Kong.
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Fonterra Co-operative Group Limited (Fonterra) is a supplier of dairy products and dairy ingredients. It principally engages in collection, manufacture and sale of milk and milk derived products. The company supplies value added dairy products to the customers around the world. In addition it also provides dairy ingredients which include, ready-to-serve beverages, butter, ready-to-serve creams, yoghurt, cheese, milk, ice cream, desserts and pre-proofed frozen pastry. Its ingredients are used to manufacture a wide range of dairy products for markets around the world.
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