Fonterra looks to treble production at NZ site through $250m investment
Dairy giant Fonterra aims to pump a further $250m into a new site in New Zealand, an investment that would treble milk processing at the facility.
Archives for July 5, 2011
Natural colours drive Chr Hansen Q3 results; probiotic uncertainty continues
The newly renamed Natural Colors Division was the star performer in Danish ingredients supplier Chr Hansen’s Q3 results, showing 34% organic sales growth for the quarter, compared to 5% for Cultures and Enzymes, and 9% for Health and Nutrition.
New innovation centre to speed up Irish dairy development
A new dairy innovation centre has been founded in Ireland to accelerate product development work ahead of the abolishment of quotas in 2015.
Global dairy prices slide in latest Fonterra auction
International dairy prices have taken another tumble at the latest Fonterra auction, dropping to their lowest level so far this year.