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Topic: Fonterra


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In the News (Thu 3 Dec 09)

  
  Fonterra Says It Won't Mess With Kapiti Foods - Science - RedOrbit
FONTERRA is free to buy Kapiti Fine Foods but fans of the company's gourmet dairy products needn't worry as the dairy giant says it has no plans to mess with a "fantastic" brand.
Fonterra announced plans to buy Kapiti -- which makes speciality cheese, milk and icecream -- and United Milk from Foodstuffs Wellington in November but was waiting for Commerce Commission approval.
It was possible that Fonterra might drop one or two of its three cheese brands -- Mainland, Galaxy and Ferndale -- but it would defintely retain the Kapiti brand, he said.
www.redorbit.com /news/science/414960/fonterra_says_it_wont_mess_with_kapiti_foods/index.html?source=r_science   (504 words)

  
 ICT Infrastructure | No 5: Fonterra Co-operative Group Limited | Information and Communications Technologies in New ...
Fonterra shareholders have made a decision to implement their own rural broadband network rather than rely upon business cases and/or political processes to deliver a public, universal infrastructure sufficient to meet the needs of the company's applications.
It is noted, however, that Fonterra's push to develop the network is driven by its own and farmer demand for applications that already exist, and the business case is justified by use of these existing applications plus applications already in development to share information between individual farmers and between farmers and Fonterra.
Fonterra's investment also indicates that where an overwhelmingly positive benefit exists from an application within a specific sector, if the ability exists to co-ordinate investment, that sector will itself move to implement the infrastructure necessary to support that application.
www.med.govt.nz /templates/MultipageDocumentPage____1079.aspx   (653 words)

  
 Fonterra offers to buy out Nat Foods - Business - www.theage.com.au
Fonterra is currently National Foods' largest shareholder with a 17.2 per cent stake in the company, and has an agreement to acquire an additional 1.3 per cent, conditional on approval by the Foreign Investments Review Board.
Fonterra chairman Henry van der Heyden said the National Foods acquisition was the company's preferred option to enter the national milk and yoghurt markets in Australia.
Fonterra is the lone dairy rival on National Foods' share register after Dairy Farmers sold its 9.2 per cent stake for $126 million on Friday.
www.theage.com.au /articles/2004/10/28/1098667895527.html?from=storylhs   (574 words)

  
 Fonterra forecast holds despite dollar | RURAL | NEWS | tvnz.co.nz
Jan 25, 2006 8:22 AM Fonterra is sticking with its forecast payout of $4 a kilo of milk solids this year despite the impact of the strong kiwi dollar.
Fonterra's exchange rate hedging programme protected it from the full effect of the dollar's erosion of export returns, though the amount Fonterra will pay its 12,000 farmers is still down 8% to $2.2 billion.
Fonterra chief executive Andrew Ferrier says stable commodity prices mean it's not changing its forecast full-year payment to farmers of $4 a kilo.
tvnz.co.nz /view/page/411425/653459   (225 words)

  
 Dairy Exporter
Fonterra is forecasting a payout of $5.53/kilogram of milksolids(MS) for the 2007/08 season.
Fonterra Shareholders’ Council chairman John Monaghan is to retire from March.
Fonterra is moving to enhance its relationship with its 17,400 employees after a survey of 7200 earlier this year.
www.dairymag.co.nz   (422 words)

  
 Fonterra wins its Bonlac vote - Business - www.theage.com.au
Fonterra is a global dairy company with sales of $NZ12 billion ($A10.7 billion) to more than 140 countries.
Fonterra will also have the right to buy Bonlac Supply Company's 50 per cent shareholding if the latter becomes insolvent, if there is a change of control, or if Bonlac Foods fails to maintain a minimum milk supply.
Fonterra's chairman, Henry van der Heyden, said Fonterra was committed to a sustainable business model.
www.theage.com.au /articles/2003/09/05/1062549022201.html?from=storyrhs   (534 words)

  
 Fonterra might be ready to ease reins - 08 Jan 2007 - Agriculture News - New Zealand Herald
Fonterra directors might this year pitch a public sale of 49 per cent of the co-op's $3.7 billion consumer brands business as a solution to festering tensions in its capital structure.
Mooted in the run-up to Fonterra's creation from a controversial industry mega-merger in 2001, the concept was torpedoed as being against the co-operative spirit.
Fonterra chairman Henry van der Heyden said "fundamental" change was necessary to counter "[share] redemption risk" and provide capital for growth.
www.nzherald.co.nz /category/story.cfm?c_id=16&objectid=10418078   (550 words)

  
 FLEXNEWS - New Zealand's Fonterra to Vote on Change of Structure
Fonterra chairman Henry van der Heyden said the co-operative would work through a range of options with farmers early in 2007 and planned to put an alternative structure to a vote later in the year.
Fonterra Shareholders Council president John Monaghan said there was a lot of work to be done before any changes could occur, but ongoing farmer control of Fonterra was likely to be non-negotiable.
Fonterra was formed in 2001, from the merger of two previous dairy co-operatives with the industry controlling body, the dairy board.
www.flexnews.com /pages/6343/Fonterra/new_zealands_fonterra_vote_change_structure.html   (594 words)

  
 Fonterra innovation takes colostrum into functional beverages
Fonterra has developed a technique that allows colostrum to be added to ready-to-drink beverages with a longer shelf-life, opening up opportunities for new kinds of products and building sales of the ingredient in Asia.
Fonterra is one of the largest exporters of colostrum into Asia, and China is one of its biggest markets.
Fonterra is not the only company to have reported that making a function ingredient suitable for beverages is something of a holy grail for developers.
nutraingredients.com /news/ng.asp?n=75335-fonterra-colostrum-beverages   (773 words)

  
 Milking China Market Fonterra's Basics to Boom Road; Milking China's Dairy Market - Science - RedOrbit
The relationship is increasingly important to Fonterra as it transforms from being an exporter of milk powder to China into becoming part of the very fabric of the Chinese dairy marketplace.
Fonterra admits to being somewhat confounded by the ability of Chinese dairy companies to quickly grow production to meet the rising demand as well as the fact that much of the growth is happening in the liquid milk market, which can only be supplied locally.
Fonterra is also working on buying locally manufactured product from SanLu to supplement its food services and ingredients offerings.
www.redorbit.com /news/science/978924/milking_china_market_fonterras_basics_to_boom_road_milking_chinas/index.html?source=r_science   (1636 words)

  
 CNN.com - NZ dollar eats into Fonterra sales - Jul. 23, 2003
Fonterra's acting CEO Jay Waldvogel said in Auckland Wednesday that 2002-03 commodity prices were down about 24 percent on the previous season.
Fonterra said its final payout figure of NZ$3.60 per kilogram of milksolids would result in a distribution of NZ$4.1 billion to the cooperative's 13,000 shareholders and 5000 sharemilkers.
Waldvogel noted that Fonterra was still able to sell record amounts of milk in a market he characterized as "difficult".
edition.cnn.com /2003/BUSINESS/07/23/nz.fonterra.biz   (358 words)

  
 Fonterra consolidates interest in Asian dairy market
Fonterra is currently National Foods' largest shareholder with a 17.2 per cent stake in the company and has an agreement to acquire an additional 1.3 per cent, conditional on FIRB approval.
The Fonterra offer is conditional on the group acquiring a holding of more than 50 per cent of National Foods shares, and National Foods not announcing or proceeding with any merger or similar arrangement with rival SPC Ardmona.
Fonterra is one of the largest dairy companies in the world and it is the world's biggest dairy exporter.
www.foodnavigator.com /news/ng.asp?id=55718   (757 words)

  
 Bangkok Post Breaking News
Fonterra said it was the biggest ever investment by a foreign dairy company in China, where consumption of dairy products has doubled in the last five years to be worth 9 billion U.S. dollars wholesale.
Fonterra, a co-operative owned by nearly 12,000 New Zealand dairy farmers, is the world's biggest single exporter of dairy products, selling two million tonnes annually to 120 countries with total revenues of 8.5 billion U.S. dollars.
Fonterra chief executive Andrew Ferrier, who was in Beijing to sign the joint venture agreement, said the investment reflected Fonterra's confidence in the future of the Chinese dairy industry.
www.bangkokpost.net /breaking_news/breakingnews.php?id=65239   (254 words)

  
 Go green and profit, says Fonterra
Fonterra, New Zealand's largest food group has pledged to step up its commitment to tackling climate change amidst new findings from the country suggesting businesses could profit from greater environmental concern.
Barry Harris, chairman of Fonterra's Sustainability Council believes as such, that all businesses can take greater care in how they are affecting climate change, without losing out financially.
 Fonterra backed the sustainability council, suggesting a greater focus on encouraging the use of products like nitrification inhibitors, rather than punishing farmers should be adopted in the country.
www.foodnavigator.com /news/ng.asp?n=77790-fonterra-climate-change-emissions   (763 words)

  
 Fonterra heavies NatFoods investors - Business - www.smh.com.au
Fonterra yesterday mailed its bidder's statement, which included a chairman's letter and marketing pitch, describing the bid as "straightforward" and at a "substantial premium".
Fonterra argues the National Foods share price already included "a premium for takeover speculation" and compares favourably with other bids in the food and dairy industry such as Burns Philp's 2003 takeover of Goodman Fielder.
Fonterra already owns about 19 per cent of National Foods and the Kiwi dairy co-operative uses the statement to point out a competing bidder would not be able to fully acquire the target unless it sold its shares.
www.smh.com.au /articles/2004/11/18/1100748142570.html?from=storylhs   (477 words)

  
 Regulatory Impact And Business Compliance Costs Statement: Dairy Industry (Application Fees And Fonterra Levy) ...
Fonterra should bear the majority of the costs of enforcing the necessary legislative package, given it is the dominant entity and prime beneficiary of the Commerce Act 1986 authorisation.
It is proposed that Fonterra be required to contribute $490,106.25 towards the Commission’s costs in 2002/03 and $393,750 toward the Commission’s estimated costs in 2003/04.
The benefit of the proposed levy, under which Fonterra will fund the majority of the Commission’s cost of enforcing the Act, is that the exacerbator (rather than the taxpayer) will bear this cost and will also have some ability and incentive to minimise the cost of the regulatory regime.
www.maf.govt.nz /mafnet/publications/regulatory-impact-statements/dairy-industry-fees.htm   (972 words)

  
 Customer Profile: Fonterra
Fonterra Co-operative Group is the world's largest single dairy exporter, shipping more than 4,000 products to over 1,000 destination ports in over 120 countries across six continents.
What's more, Fonterra was burdened by frequent changes to documents and regulations imposed by governments around the world in an effort to protect their local dairy businesses.
Fonterra recognized that continually adding personnel to their documentation staff was not the answer.
www.jpmorganchase.com /cm/ContentServer?c=TS_Content&pagename=jpmorgan/ts/TS_Content/General&cid=1114735458766   (232 words)

  
 Fonterra merges global ad into one firm - Breaking News - Business - Breaking News
Fonterra Brands managing director, Sanjay Khosla said the move was part of an increased focus and investment on a smaller number of high performing power brands which had the potential for stronger global appeal.
The president of BBDO worldwide, Andrew Robertson said Fonterra was focused and ambitious, and the company's Australasian chairman, Rob Morgan, said its record on both sides of the Tasman put it in a good position going into the pitch.
Fonterra's biggest offshore operation, a joint venture with Nestle known as Dairy Partners Americas, uses a big United States agency, Foote, Cone and Belding Worldwide, to handle all its advertising.
www.smh.com.au /news/Business/Fonterra-merges-global-ad-into-one-firm/2006/08/04/1154198295839.html   (428 words)

  
 Fonterra develops new milk powder quality test
Fonterra researchers have developed a flow cytometry test that can be used to assess the quality of milk powder.
Flow cytometry testing has long been used in fresh dairy but Fonterra says it has achieved a world-first in adapting the technology to test milk powder, giving it a faster and more accurate method for quality control.
A beam of light is directed onto the fluid and a number of detectors used to monitor the refracted light.
www.foodnavigator-usa.com /news/ng.asp?n=71239-fonterra-dairy-milk-cytometry   (359 words)

  
 Fonterra's poor payouts threaten co-op | NATIONAL | NEWS | tvnz.co.nz
Sep 11, 2006 11:13 PM New Zealand dairy giant Fonterra has been criticised by a group that looks after the interests of farmers in the co-operative, with some dairy producers threatening to take their business elsewhere.
During 2005/06, the council told Fonterra that an anticipated payout of $3.85 per kilogram of milksolids was unacceptable and the payout was increased to $4.10, after a $130m cost efficiency program.
Fonterra chairman Henry van der Heyden said today in a statement that the council had listed many of the issues that confronted Fonterra during 2005/06.
www.tvnz.co.nz /view/page/423466/828525   (415 words)

  
 Welcome to the Website of Fonterra Australia
Fonterra Co-operative Group Limited is a multinational dairy company whose goal is simple: to lead in dairy.
Fonterra considers Australia to be part of its home market with legacy companies operating businesses in Australia since the 1960s.
Fonterra’s Australian business is a key part of the company’s overall growth strategy.
www.fonterra.com.au   (132 words)

  
 Bonlac bid just start for Fonterra - Business - Business - smh.com.au
Fonterra unveiled plans to increase its presence in Australia yesterday, two months after losing its battle for National Foods to Philippines brewer San Miguel.
Fonterra, the maker of Peters ice-cream and Mainland and Bega cheese, already holds a 50 per cent interest in Bonlac, maker of Bodalla and Perfect Italiano cheese.
The company's chief executive, Andrew Ferrier, declined to disclose the cost of the acquisitions at a media conference, but said he expected Fonterra's Australian turnover to rise $200 million to $1.6 billion and its share of the milk market to increase from 16 per cent to 18 per cent.
www.smh.com.au /news/Business/Bonlac-bid-just-start-for-Fonterra/2005/06/07/1118123838263.html   (524 words)

  
 Supply-Chain.Org :: Case Study Detail :: Fonterra Co-Op Group
With a staff of 20,000, sales of 12 billion, and annual shipping of 100,000 containers to 120 countries, Fonterra was looking to standardize their supply-chain.
Fonterra adopted SCOR to enhance customer service without increasing costs, optimize inventory and improve processes.
This presentation looks at how Fonterra was able to use SCOR to realize these goals.
www.supply-chain.org /page.ww?name=Case+Study+Detail§ion=SCOR+Model&id=35&start=d   (78 words)

  
 Norgren - 191AT - Fonterra selects Norgren's new ISO standard valves
Fonterra Kauri wanted to upgrade the solenoid valves that control the opening and closing of process valves in the steam generation plant.
Fonterra selected single shut off plates as accessories for the Norgren VS valves, mounted between each valve and the manifold base.
This was important to Fonterra where the solenoid valves control numerous process valves in the steam generation plant.
www.ferret.com.au /articles/69/0c039669.asp   (658 words)

  
 Asia Times - News and analysis from throughout Southeast Asia
Fonterra has offered A$5.45 a share and this week extended its offer to February 1 from the original expiry date of December 21, as retail investors hang on to the stock.
He said Fonterra's stake in National Foods would make it extremely difficult for San Miguel to take over the Australian company, but the New Zealanders may be willing to sell at the right price.
Fonterra has said it viewed National Foods as an investment that would deliver a "solid, steady return", particularly with its culture, or yoghurt, brands such as Yoplait and Fruche.
www.atimes.com /atimes/Southeast_Asia/FL17Ae03.html   (446 words)

  
 Fonterra - Definition, explanation
Fonterra Co-operative Group Ltd (generally referred to simply as Fonterra) is a large New Zealand dairy company.
As a cooperative company, Fonterra is owned by approximately thirteen thousand individual farmers throughout the country.
Fonterra was established in October 2001 as a merger of the two largest New Zealand dairy cooperatives and the New Zealand Dairy Board.
www.calsky.com /lexikon/en/txt/f/fo/fonterra.php   (297 words)

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