The analysis includes an examination of the economic implications of proposed regional regulations A new report by the New Zealand Institute of Economic Research (NZIER) warns that fresh vegetable prices could rise significantly if the Government does not act quickly to establish a clear and workable regulatory framework for vegetable[Read More…]
New Zealand
Fonterra revises strategy to grow business
This follows a strategic review that confirmed the Co-op’s strengths as a B2B dairy nutrition provider, resulting in Fonterra’s decision to explore divestment options for its global Consumer businesses Fonterra Co-operative Group Ltd has released its revised strategy, which will see the Co-op deepen its focus on its high-performing Ingredients[Read More…]
Intertek Caleb Brett expands testing capabilities for animal fats and used cooking oils
This enhancement makes New Plymouth the only laboratory in New Zealand capable of providing comprehensive testing for these critical materials Intertek, a leading Total Quality Assurance provider to industries worldwide announced the expansion of its New Plymouth laboratory’s testing capabilities to include full specification analysis of Animal Fats (AF) and[Read More…]
Fonterra to invest $150Mn in New Zealand
Fonterra has announced significant strategic investments to expand and upgrade its operations Fonterra has announced a further investment in its operations with around $150 million earmarked for a new cool store at its Whareroa site in Taranaki, New Zealand. This announcement follows recent news of a new protein plant at[Read More…]
Fonterra to invest $150 Mn in New Zealand
Fonterra has a thriving food service business in Asia where demand is growing by integrating dairy into traditional foods such as laksa and milk tea Fonterra is set to invest $150 million to build a new UHT cream plant at its Edendale site in Southland to meet growing demand through[Read More…]
Fonterra to expand Studholme site to grow protein ingredients offering
The investment of around $75 million is part of the Co-op’s strategy to grow value through its world-leading Ingredients business Fonterra is set to expand its Studholme site on the South Island, New Zealand to create a hub for high-value proteins. Fonterra’s proteins have enhanced functionality and are designed to[Read More…]
New Zealand takes action in response to Australia’s tomato virus find
All imported tomatoes from Australia currently come from Queensland and not South Australia Biosecurity New Zealand has placed import restrictions on tomato seed imports from Australia, after the detection of tomato brown rugose fruit virus at 2 South Australian growing properties. “We’ve stepped up our biosecurity requirements in response to[Read More…]
Synlait and a2 Milk resolve dispute over infant formula
This contract granted Synlait exclusivity in supplying infant milk formula products in China, Australia, and New Zealand Synlait Milk Limited (Synlait) and The a2 Milk Company have reached a conditional agreement to settle all disputes, including those related to exclusivity, pricing, and other issues that were subject to arbitration. Grant[Read More…]
Sprout Agritech appoints Dr Sandhya Sriram as CEO
Dr Sriram comes with an impressive background in the global early-stage tech industry Sprout Agritech has appointed Dr Sandhya Sriram as CEO. Dr Sandhya Sriram is the former Group CEO and Co-founder of Shiok Meats Pte. Ltd., Singapore, the first cultivated seafood & meat company in Southeast Asia and the[Read More…]
DKSH extends distribution agreement with Cosucra in Australia and New Zealand
Following a successful partnership in several countries in Europe and Asia, including Germany, Switzerland, and the Philippines, Cosucra has once again entrusted DKSH to grow its natural and healthy food ingredients business in Australia and New Zealand DKSH’s Business Unit Performance Materials, a leading distributor of speciality chemicals and ingredients,[Read More…]
