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13 Current news from New Zealand
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Fonterra and Nestlé partner on ambition to create New Zealand’s first net zero carbon emissions dairy farm
09-Dec-2022
Fonterra and Nestlé today announced a new partnership designed to help reduce New Zealand’son-farm emissions, including a New Zealand first – a drive to develop a commercially viable netzero carbon emissions dairy farm. Over the five year project the farm, run with co-partner Dairy Trust ...
Fonterra provides 2022/23 opening forecast Farmgate Milk Price and update on business performance
31-May-2022
The opening forecast Farmgate Milk Price for the 2022/23 season is set at $8.25 - $9.75 per kgMS, with a midpoint of $9.00 per kgMS. CEO Miles Hurrell says the strong opening forecast reflects continued demand for dairy coupled with constrained global supply. “The long-term outlook for dairy ...
Miruku, a New Zealand animal-free dairy start-up emerges from stealth on Foodtech VC investment
It is the first molecular farming dairy start up in the Asia Pacific region and now joins a small number of field leaders in this increasingly prized global race
29-Mar-2022
Miruku, a New Zealand based future food company developing advanced dairy proteins in plants has emerged from stealth to announce an oversubscribed $2.4m USD seed investment round. New Zealand is the world's biggest exporter of dairy and has a strong legacy in food production. Miruku tilts this ...
The a2 Milk™ brand expands into the Canadian market under licence
01-Apr-2020
The a2 Milk Company is pleased to announce it has entered into an exclusive licensing agreement with Agrifoods Cooperative (‘Agrifoods’) for the production, distribution, sale and marketing of a2 Milk™ branded liquid milk for the Canadian market as was announced by Agrifoods overnight. CEO of The ...
Hell Pizza topped Pizza with vegan Burgerpattie pieces instead of meat
08-Jul-2019
Statement: Hell Pizza Hell Pizza comments on the accusation that they have used plant-based meat on their burger pizza without notice. The statement is the opinion of Hell Pizza. Dear Loyal HELL Fans, On Friday 21 June we released our limited-edition Burger Pizza, featuring Beyond Meat Burger ...
Froneri purchases Tip Top from Fonterra for $380 million
14-May-2019
New Zealand’s iconic ice cream company has a new owner, after global ice cream company Froneri today purchased Tip Top from Fonterra. Fonterra CEO Miles Hurrell confirmed the sale, saying it was a bittersweet moment for Fonterra. “Since we took ownership of Tip Top in 2001, a lot of work has gone ...
Miles Hurrell permanently appointed Fonterra Chief Executive Officer
06-Mar-2019
Fonterra Co-operative Group (FCG) has announced the permanent appointment of Miles Hurrell as its Chief Executive Officer (CEO), with immediate effect. Mr Hurrell had been the Co-operative’s interim CEO since August last year. Fonterra Chairman, John Monaghan says the Co-operative’s Board has ...
New Zealand dairy giant posts loss after China stake sours
20-Sep-2018
New Zealand's largest company, which sells dairy products, said Thursday it will completely review its business investments after a disastrous financial year saw it post its first-ever loss. Fonterra lost hundreds of millions of dollars on its investments in China and also had to pay a large ...
Avocado Crisis in New Zealand - Theft and Waiting Lists
20-Aug-2018
Everybody wants avocados: The booming demand for the green superfruit is posing growing problems for producers and consumers in New Zealand. Police are reporting more and more cases of avocado theft and in some nurseries there are waiting lists for avocado trees, according to New Zealand ...
First study published connecting challenges of food allergies with personality traits
05-Mar-2018
University of Otago researchers have broken new ground in the area of food allergies, with a study showing that personality traits impact people living with a food allergy published in the international medical journal Frontiers in Psychology. The interdisciplinary team of researchers from ...
