fonterra
The trouble with the EU/NZ trade deal
Both EU and New Zealand dairy processors are underwhelmed by the terms of the latest free trade agreement, Barbara Barkhausen and Liz Newmark report
Fonterra announces climate plans for the future
Fonterra has taken a significant step towards achieving its climate ambitions today with the announcement of an on-farm emissions reduction target, and release of a Climate Roadmap and voluntary Climate-related Disclosure report.
Fonterra and Nestlé complete sale of DPA Brazil
Fonterra Co-operative Group Ltd has confirmed that the sale of Fonterra and Nestlé’s Dairy Partners Americas (DPA) Brazil joint venture to French dairy company Lactalis is complete.
Fonterra CFO Neil Beaumont to leave the co-op
Simon Till, who has most recently held the role of Fonterra’s director capital markets, will take up the position of acting chief financial officer while recruitment for a permanent CFO is underway.
Fonterra announces FY23 annual results
New Zealand dairy giant Fonterra announced its results for the financial year ending 31 July 2023, with full year reported earnings of 95 cents per share, reported profit after tax of NZ$1.6 billion and a final 2022/23 season farmgate milk price of $8.22 per kgMS.
Research is key
I am thinking about research this morning, in light of the recent item about how milk phospholipids
reduce stress, according to Fonterra’s recent trial on people with moderate levels of stress and the effect of supplementing them with these dairy-derived ingredients.
The many challenges of commercialising ‘animal-free’ dairy
If anyone thinks that being more sustainable and animal-free is enough to take the technology beyond niche status, they are in for a surprise
Fonterra’s acting COO announced
Fonterra has announced Anna Palairet as acting Chief Operating Officer (COO) to replace current COO Fraser Whineray who is leaving the Co-op next month.
International Dairy Cooperatives Forum celebrates 20 years
The International Dairy Cooperatives Forum, said to be the largest dairy industry event in Central and Eastern Europe, is marking its 20-year anniversary in Bialystok, Poland, 20-21 September.
Fonterra updates on business sale in Chile
CEO Miles Hurrell says he’s pleased to confirm approval from the competition authority, Fiscalía Nacional Económica (FNE), has now been received.
Fonterra’s COO Whineray to leave co-operative
Fonterra has announced its chief operating officer, Fraser Whineray, intends to resign from Fonterra at the end of this financial year on 31 July.
Fonterra announces divestment of Chile business
The divestment comprises a number of transactions that result in aggregate consideration of 591.07 billion Chilean Pesos (approximately USD 640 million).
Fonterra appoints chief financial officer
Fonterra Co-operative Group has announced the appointment of Neil Beaumont to the role of chief financial officer, effective February 2023.