new zealand
Fonterra MD, People & Culture resigns
Fonterra has announced that Deborah Capill, managing director – people & culture, has resigned. Deborah is set to leave the co-operative in February 2020 to pursue a change in career.
Fonterra appoints chief operating officer
Fonterra has appointed Fraser Whineray to its management team in the newly created role of chief operating officer, starting in early 2020.
Fonterra forecasts losses of €390million
Fonterra has confirmed it forecasts losses of NZ$590-675 million (€342-390m) for the 2019 financial year (end 31 July 2019) ahead of full results being released in September.
Danone invests in carbon neutral spray drying plant
Global food company, Danone, has invested NZ$40 million (approx. €25 million) in its Nutricia spray drying plant towards achieving carbon neutrality by 2021.
Fonterra’s new sustainability targets include moving away from coal
Fonterra has laid out its new sustainability targets, which include reducing its reliance on coal energy and moving to 100% recyclable, reusable and compostable packaging.
Froneri to acquire Tip Top
Froneri will acquire New Zealand ice cream business, Tip Top, from dairy co-operative Fonterra.
Fonterra names Judith Swales as COO global foodservice
Fonterra CEO Miles Hurrell has confirmed Judith Swales to the role of chief operating officer, global consumer and foodservice. This follows her appointment to the role in an acting capacity earlier this year.
Miles Hurrell appointed as permanent Fonterra CEO
Fonterra Co-operative Group (FCG) has announced the permanent appointment of Miles Hurrell as its CEO, with immediate effect, after naming him interim CEO in August last year.
Fonterra signs up farms to supply a2 Milk Company
Fonterra is signing up farms in New Zealand to supply milk for The a2 Milk Company in the 2019/2020 season.
What will happen with dairy markets in 2019?
ADHB Dairy has published its outlook for dairy for the next year:
Q4 milk production growth slowed according to report
A report by Rabobank showed that third quarter 2018 milk production growth sank to just 0.8% year-on-year, and predicts a similar rate for the fourth quarter.
Fonterra considers sale of ice cream brand Tip Top in bid to reduce debt
Fonterra is considering sale of its ice cream brand Tip Top and has appointed FNZC as an external advisor to consider a range of options.
Mondi Kalenobel create innovative ice cream packaging
Mondi Kalenobel continues to establish itself as a packaging innovator in the ice cream world, by producing a paper ice cream cone sleeve that contains a clear plastic window, allowing the consumer to see the sugar wafer cone underneath.
Hart Dairy announces joint venture with Kollaras & Co
Hart Dairy has announced a joint venture with Australian distribution company Kollaras & Co to distribute their premium dairy products into the Asian market.