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Tag: fonterra
Fonterra to sell Australian yogurt and dairy dessert business to Parmalat Australia
2015-12-16 01:00:00| Food Processing Technology
Fonterra Co-operative Group has signed an agreement to sell its Australian yogurt and dairy dessert business to Parmalat Australia, following exclusive negotiations.
Tags: business
sell
australia
australian
Fonterra Maintains 2015/16 Forecast Farmgate Milk Price
2015-12-10 15:53:03| Food - Topix.net
Fonterra Co-operative Group Limited today maintained a forecast Farmgate Milk Price of $4.60 per kgMS. Along with the November announced estimated Earnings Per Share range of 45-55 cents, this amounts to a total available for payout of $5.05-$5.15 kgMS and would currently equate to a total forecast Cash Payout of $4.95-$5.00 [1] .
Tags: price
milk
forecast
maintains
Fonterra Australia To Invest $141 Million In State-Of-The-Art Cheese Plant
2015-12-02 09:29:22| dairynetwork News Articles
Fonterra Australia will invest NZ$141 million in building a state-of-the-art cheese plant at its Stanhope factory. The new facility will replace the hard cheese plant, which was destroyed by fire in December 2014, with a larger, modern facility that will produce cheeses for Australian consumer, foodservice and export markets.
Tags: australia
million
plant
invest
Fonterra Australia to invest $93.6m in building a cheese plant at Stanhope factory
2015-12-02 01:00:00| Food Processing Technology
Fonterra Australia will invest NZD141m ($93.6m) in building a cheese plant at its Stanhope factory to replace the hard cheese plant that was destroyed by fire in December 2014.
Tags: building
australia
plant
factory
Fonterra loses suit brought by former NZ Dairies suppliers
2015-12-01 05:35:08| Food - Topix.net
Farmers who formerly supplied milk to the failed New Zealand Dairies' milk processing plant at Studholme have won a High Court case against Fonterra Cooperative Group challenging the legality of new inferior supply contracts they were offered by the dairy giant. The nub of the case was whether Fonterra, which bought the Studholme plant from the receivers in 2012, was lawfully able to offer the former suppliers to the plant so-called "growth contracts" on inferior terms in order to keep its existing farmer suppliers sweet.
Tags: brought
suit
suppliers
loses
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