In February, large equipment for powder milling will arrive, followed by efforts to make the building’s exterior watertight in April New Zealand’s Fonterra announced in August 2024 that it will invest $75 million to develop its Studholme site in the South Island into a hub for high-value advanced proteins. Construction[Read More…]
Tag: Fonterra
Fonterra announces electrification plans to future-proof operations
Fonterra aims to build enduring, cost-efficient assets while enhancing energy security across its manufacturing operations and ensuring a sustainable energy supply Fonterra is taking another significant step toward its climate goals and operational resilience with $150 million in investments in electrification projects across the North Island over the next 18 months.[Read More…]
Fonterra announces largest decarbonisation project in New Zealand
This $64 million investment will reduce Fonterra’s overall emissions by nine per cent, resulting in a total decrease of 155,000 tonnes of CO2 equivalent each year New Zealand’s dairy co-operative Fonterra is set to convert two coal boilers to wood pellets at its Clandeboye site in South Canterbury, marking an[Read More…]
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…]
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…]
Fonterra and Superbrewed Food collaborate to advance protein technology
The collaboration builds upon Superbrewed’s commercial launch of their patented biomass protein, called Postbiotic Cultured Protein Global dairy co-operative Fonterra and natural ingredient manufacturer Superbrewed Food have teamed up to boost sustainable food production. The partnership combines Superbrewed’s biomass protein platform with Fonterra’s dairy processing, ingredients, and application expertise to develop additional nutrient-rich, functional[Read More…]
Fonterra to open new application centre in Wuhan China
This new addition will join the existing Beijing, Chengdu, Guangzhou, Shanghai, and Shenzhen centres Fonterra has announced the opening of its sixth application centre in China, set to open later this year in Wuhan. Construction of the centre is currently underway. This new addition will join the existing Beijing, Chengdu,[Read More…]
Fonterra decides to withdraw from share capital of Lithuania’s AB Rokiškio sūris
The company’s main shareholders have agreed that the withdrawal will be executed by selling the 3,586,797 shares of Fonterra (Europe) Coöperatie U.A. to the Company Strategic investor Fonterra decided to withdraw its minority stake in the share capital of Lithuanian-based AB Rokiškio sūris, in line with its strategic long-term review[Read More…]
