The first two endeavours might have been abortive, but it seems that Fonterra might finally see success in its third, solo attempt to move into India.
Japanese dairy giant Meiji Holdings has set aside 11.5bn yen ($140m, €110m) to build and equip a new processing plant under plans to increase its yogurt and milk product processing capabilities.
Last week, FoodNavigator-Asia published an opinion piece by the anti-GE pressure group, GE-free NZ, that criticised AgResearch, the New Zealand research institute. In the article, the author made reference to the institute’s work in breeding a cow that would produce milk without beta-lactoglubulin (BLG). In the spirit of impartiality we approached AgResearch for its point of view, and we publish here the institute’s response in full.
The Australian Competition and Consumer Commission (ACCC) yesterday approved Nestlé’s €9bn ($11.59bn) acquisition of infant nutrition business Pfizer Nutrition.
Fonterra has welcomed a series of amendments to the New Zealand Raw Milk Regulations that will support domestic dairy product competition and ensure an “entrance pathway” into the farm gate milk market.
Numerous consignments of baby formula made in New Zealand have been prevented from entering China after authorities branded them substandard. Now it has come to light, the issue is raising concerns that the ensuing Chinese media coverage might potentially damage New Zealand’s global reputation as a safe producer of dairy products.
Reuters reports that Japanese drink maker Yakult Honsha has confirmed it has agreed with Danone SA to continue talks on the possibility of the French food company to take a bigger stake in Yakult.
Food Standards Australia New Zealand (FSANZ) has provisionally approved an application by Nestlé to reduce the minimum requirement for L-histidine in infant formula products
Royal DSM saw Q3 sales slip 7% to €2.3bn across all divisions with polymer intermediates performing worst, but as has been the case in recent quarters, the Dutch firm’s nutrition cluster held firm with 1% organic growth in difficult economic times.
Fonterra has announced concrete plans to step up milk production in China after the New Zealand dairy giant signed an investment agreement to develop two more large farms in Hebei province.
Nestlé's $11.85bn (€9bn) acquisition of Pfizer Nutrition has been given the go-ahead by anti-trust authorities in China – taking the “strategic” takeover a step closer to completion.
Fonterra has signed an investment agreement with Chinese authorities to develop two more large-scale dairy farms – the latest step in the firm’s strategy to build a sustainable fresh local milk supply in the country.
Growing income is leading to increased demand for protein in India’s hinterland, but a shortage of supply is resulting in higher food inflation.
Lactose-intolerant New Zealanders are now able to consume fresh cow’s milk for the first time with the launch of a new product on the market.
Research by Euromonitor has revealed that pre- and probiotics have been continually attracting new consumers in the United Arab Emirates, with growth becoming consistently strong across the segment.
Clinical trials have found that a dairy culture probiotic shows significant long-term benefit for children suffering from eczema, even after they have stopped taking the supplement.
Fonterra has announced plans to close its Cororooke, Australia manufacturing plant following a review of its manufacturing operations in the country’s Victoria region.
Researchers in New Zealand have genetically engineered a dairy cow that produces hypo-allergenic high-protein milk.
The experimental business unit that is dedicated to rolling out new Danone products for the masses in India has been deemed a success and will be expanded to other cities across the country.
The chief minister of Haryana has called on Nestlé India to adopt a collective strategy with the government departments and private business to set up milk collection centres across the state.