Fonterra posts profits drop, cites global dairy price fall
Fonterra has reported a drop in net profit for the 2012 season and cut its final payout to farmers - citing the negative effect of record breaking milk production on global dairy prices.
Archives for September 25, 2012
Breaking news
Dean Foods seeks buyer for Morningstar
Dallas-based dairy giant Dean Foods is inviting potential buyers to cast a slide rule over its Morningstar warehouse delivery business - the smallest of its three divisions - as it seeks to reduce its debt pile.
Tetra Pak boosts Turkish output with lamination investment
Tetra Pak has invested €25m in lamination facilities at its Turkish packaging material plant, to lift beverage carton production capacity by 20%.
FSANZ opens review of infant formula regulations
Food Standards Australia New Zealand (FSANZ) is reviewing its infant formula regulations, covering a range of issue including composition, labeling and advertising.