BRAZIL: Nestlé-Fonterra JV extends reach
"We see great and growing demand for dairy products in Latin America," a spokesperson for the group told just-food. "To meet this local demand we are expanding our manufacturing capability."
The plant will be located in the Bahia region and the yoghurt manufactured will be tailored to meet the local population's tastes.
Dairy Partners of America operates 13 production sites in Brazil, Argentina, Venezuela, Colombia and Ecuador.
As the Brazilian economy develops, consumers are becoming increasingly sophisticated in how and what they buy. According to a new report from just-food, the growth forecast for the Brazilian packaged ...
Fonterra Co-operative Group said today (16 December) that it is considering raising NZ$300m (US$) via an offer of senior retail bonds....
Food manufacturers have been accused of making misleading claims about the nutritional content of foods aimed at children that are high in fat, salt and sugar....
Fonterra has cut its estimated fair value share price for the 2009-10 season by almost 20%, citing turmoil in global equity and financial markets and the difficult global economic outlook....
As Christmas nears and the temperatures drop here in the UK, competition in the food industry is heating up. This week saw two of the country's leading retailers, Tesco and Morrisons, issue an update ...
Swiss food giant Nestlé has rebuffed claims from Saudi Arabia's food safety watchdog that a batch of its milk powder on sale in the country contained harmful levels of melamine....
As part of its corporate drive to become a health and wellness company, Nestlé Confectionery is relaunching its range of chocolate biscuit bars (CBB), which have been reformulated to contain 99 calori...
According to the latest research from ANZ Bank, the price of New Zealand dairy products has fallen 43% year-on-year from last November....
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