Lactoferrin is a crucial and scarce resource for the dairy industry Yili’s subsidiary Westland Milk Products recently held a groundbreaking ceremony for the construction of its NZD 70 million ($42.58 million) lactoferrin plant at Hokitika, New Zealand. The ceremony was attended by New Zealand’s Trade, Export and Agriculture Minister and MP for West-Coast Tasman, Damien O’Connor;[Read More…]
New Zealand
Amcor to buy New Zealand-based Moda Systems for production-ready fresh protein packaging solution
To offer new option and choice in automated protein packaging Switzerland-headquartered Amcor, a global leader in developing and producing responsible packaging solutions, has signed a definitive agreement to acquire New Zealand-based Moda Systems, a leading manufacturer of state-of-the-art, automated protein packaging machines. Moda Systems designs, assembles, and supports innovative, high-performance[Read More…]
Fonterra opens new centre in China for beverage innovation
Providing a new platform to explore the diverse use of Fonterra products in beverages Fonterra, headquartered in New Zealand, has established a fifth application centre in China but unlike the other four, the newest one is focused on beverage applications. It is based in China’s southern city of Shenzhen and[Read More…]
Azelis strengthens Asia Pacific footprint with the acquisition of Chemiplas Agencies Ltd in Australia and New Zealand
Azelis, a leading global innovation service provider in the specialty chemicals and food ingredients industry, announces that it has signed an agreement to acquire 100% of the shares of Chemiplas Agencies Ltd one of the leading distributors of specialty chemicals, plastic raw materials and ingredients in Australia, New Zealand, and[Read More…]
NewFish with Sophie’s Bionutrients to Accelerate Innovation in Microalgae
This collaboration will span global value chains, including shared research and development, co-development of microalgae strains, ingredients supply for manufacturing, and commercializing new food and alternative dairy solutions. Sophie’s Bionutrients and NewFish®, two pioneers in the field of microalgae protein fermentation, with the support of New Zealand-based marine research powerhouse, Cawthron[Read More…]
PAG joins hand with two leading Australian companies
PAG entered into agreements to acquire Patties Foods and Vesco Foods. Patties, with its origins dating back over 50 years, is well known for producing some of Australia and New Zealand’s favourite savoury snacks, appetisers, meals and desserts, including its signature pies, party pies and sausage rolls. Patties’ portfolio of[Read More…]
New Zealand raises alarm over consumption of fish oil in pregnancy
Omega-3 is recommended in pregnancy, but new research suggests care is needed to avoid oxidised fish oil A group of scientists from the University of Auckland’s Liggins Institute in New Zealand is sounding a warning after new research finding highly oxidised fish oils may be harmful in pregnancy. Fish oil[Read More…]
NZ identifies exact amounts of extra vitamin C for optimal health
Suggesting to increase vitamin C intake if overweight New University of Otago, Christchurch research has identified, for the first time, exactly how much extra vitamin C humans need to ingest, relative to their body weight, to maximise their immune health. The study, based in New Zealand, has found that for[Read More…]
New Zealand’s dairy Fonterra to exit Russian businesses
Fonterra has announced it will exit its businesses in Russia. This follows the Co-op’s decision to suspend shipments of products to Russia at the end of February. CEO Miles Hurrell says “our first step following Russia’s invasion of Ukraine was to establish the safety of the team in Russia, and[Read More…]
Fonterra tail off their India Joint Venture
Fonterra and Future Consumer Limited have agreed to wind down their 50:50 India joint venture – Fonterra Future Dairy. The joint venture was established in 2018 and has 22 employees, all of which will receive appropriate entitlements. Despite this, the joint venture has delivered some important initiatives, including the launch[Read More…]