2015 Food Safety & Processing Summit

NEWS - FOOD INDUSTRY

NEWS >> FOOD INDUSTRY

Displaying 191 - 200 of 409 items.
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Synlait Milk improves profit, signals expansion

Dairy processing company Synlait Milk today reported an improved net profit for the six months to January 31 and signalled major expansion of its Dunsandel factory. Synlait Milk chairman Graeme Milne said the $12.1 million bottom-line result for the Canterbury-based company was an increase of $5.3m on the $6.8m profit for the same period in 2013. "Revenue increased to $284.9m compared to $176.4m for the same period in 2013, due largely to sustained high international commodity ... more

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Fonterra begins construction on new IDR357 billion plant in Indonesia

Fonterra yesterday commenced construction on its first blending and packing plant in Indonesia, which will support the growth of its market leading consumer brands Anlene, Anmum and Anchor Boneeto. Located in West Java, the plant is Fonterra’s first manufacturing facility in the country and its largest investment in a new manufacturing facility in ASEAN in the last 10 years. Director General of Agro Industry at the Ministry of Industry, Panggah Susanto, joined Fonterra at ... more

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Foodstuffs North Island and Loscam partner to enhance produce supply chain

Grocery retailer and wholesaler, Foodstuffs North Island and Loscam, Asia Pacific’s leader in returnable packaging solutions, have announced a new joint initiative focussed on delivering a best in class packaging solution for their fresh produce supply chain. The standardised packaging solution, provided by Loscam, includes its leading Active Lock produce crates and innovative rising floor bins that enable produce to be handled less through the supply chain and enhance the efficiency ... more

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Fonterra interim profit down, payout maintained

Interim Results Highlights · Forecast Cash Payout for the 2013/14 Season of $8.75, up 42 per cent - Farmgate Milk Price $8.65 per kgMS - Estimated full year dividend of 10 cents per share · Revenue $11.3 billion, up 21 per cent · Normalised EBIT $403 million, down 41 per cent · Net profit after tax (NPAT) $217 million, down 53 per cent · Earnings per share 13 cents, down 54 per cent ... more

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Meat plants extend hours to meet demand

Meat processing plants around the country have stepped up production and most plants are working full weeks and extended hours to meet market commitments. The processing season started well with the national lamb kill hitting 4.6 million by the end of the December quarter, up 4 per cent on the previous year. However, a cold, wet January in parts of the country meant lambs were slow to finish and the cumulative lamb kill for four months to the end of January was 6.9 million, down 5.8 ... more

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Tours to place global spotlight on New Zealand's fresh produce

New Zealand's fresh produce industry will be in the spotlight this June with decision makers from across the globe set to visit some of its most innovative businesses. From state–of-the-art growing and harvesting facilities and premium new products, to cutting-edge technology, research, and innovative equipment, PMA Fresh Connections delegates will experience a diverse and fascinating look at all stages of fresh produce production on a tour south of Auckland following the PMA Fresh ... more

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Cerebos Gregg's to close East Tamaki operation

Terry Svenson, Cerebos ANZ, Chief Executive Officer today announced that the Cerebos Gregg's East Tamaki manufacturing operation is to close on 19 December 2014. Coffee and food currently produced at East Tamaki will move to Dunedin and Sydney respectively. Dunedin will become the centre of fresh and instant coffee production in New Zealand and Sydney will become the Trans-Tasman manufacturer for all food products. The company said that the change may also have an impact on ... more

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Fonterra launches China-New Zealand Dairy Exchange Centre

Photo: New Zealand Trade Minister Tim Groser, New Zealand Food Safety Minister Nikki Kaye, New Zealand Prime Minister John Key, Fonterra Chairman John Wilson, and President Greater China and India Kelvin Wickham joined scientist Wang Yuchan and other delegates from the China Ministry of Agriculture at the launch of the China-New Zealand Dairy Exchange Centre. Fonterra today announced the launch of the China-New Zealand Dairy Exchange Centre in Beijing. The Centre is a joint initiative ... more

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Dairy prices fall again in GDT auction

Prices fell again in last night's dairy commodity auction. The GlobalDairyTrade's trade-weighted price index dropped 5.2 per cent overnight compared with the last sale two weeks ago. The average winning price dropped to US$4563 (NZ$5286) a tonne from US$4794 a tonne. Last night's drop was the third consecutive fall in dairy commodity prices and means the index has fallen from 1482 on February 14 to 1332 today. Anhydrous milk fat and rennet casein both dropped 10.7 per cent ... more

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Everything's rosy as cider brand targets UK

DB Breweries Kiwi cider brand Old Mout is about to make a splash in Britain, with global brewing giant Heineken deciding to launch it in the country often thought of as cider's original home. Old Mout (rhymes with fruit) is made by Redwood Cider, which has been producing cider in Moutere near Nelson since 1947. Heineken, which is producing Old Mout under licence in Belgium, will launch the cider in Britain this month, backed by a £3 million ($5.9 million) advertising campaign. ... more

Displaying 191 - 200 of 409 items.
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