Fonterra

Fonterra CEO Miles Hurrell says the cooperative’s business performance must improve.

Fonterra looks for improvement after posting $196m loss

By Jim Cornall

New Zealand dairy cooperative Fonterra has announced its FY18 annual results, the plan to improve its business performance and the outlook for FY19, including a review of its investment with Chinese company Beingmate.

An aerial photo taken December 19, 2017 shows new clearance for palm oil plantation on the secondary dry land forest at concession PT Agrinusa Persada Mulia of GAMA Group in Toray village, Merauke subdistrict, Merauke district, Papua province. Pic: © Jurnasyanto Sukarno/Greenpeace

Greenpeace links Fonterra to Indonesian deforestation

By Jim Cornall

A just-published Greenpeace investigation alleges that New Zealand dairy giant Fonterra Cooperative Group’s key supplier of palm kernel extract (PKE) has links to a huge expanse of deforestation in Indonesia.

Fonterra's products, such as Anmum, Fernleaf and Anchor, will now be available through Lazada to 560m consumers in Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam.

Fonterra partners with online company Lazada

By Jim Cornall

New Zealand cooperative Fonterra, the world’s largest dairy exporter, is expanding its online presence to consumers in Southeast Asia for the first time through a new partnership with Lazada, an online shopping destination in the region.

Fonterra has developed a white butter to meet demand in the Middle East and North Africa.

Fonterra develops white butter for Middle East

By Jim Cornall

Fonterra’s Research and Development Centre alongside its global ingredients business, NZMP, has developed a new white butter product for manufacturers in the Middle East market.

Fonterra announced increased profits and an increase in its dividend for farmers

Fonterra profits more than double

By Jim Cornall

New Zealand dairy cooperative Fonterra has announced its first half results for the six months ending January 31, 2016.

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