NEWS - FOOD INDUSTRY

NEWS >> FOOD INDUSTRY

Displaying 191 - 200 of 340 items.
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Kraft Foods NZ pays $40 million dividend to parent Mondelez

Kraft Foods Investments (New Zealand), which makes Cadbury chocolate, paid its first dividend of $40 million to its parent company after being taken over in 2010, financial statements show. Kraft acquired Cadbury’s New Zealand operations for $207.3 million as part of the global food manufacturer’s 11.9 billion pound takeover of the chocolate maker in 2010. In October, Kraft spun off its North American grocery unit and renamed the global snacks business Mondelez International, ... more

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72 percent of Asian consumers recognise importance of dairy in nutrition

On the eve of the 13th Annual World Milk Day new consumer research has revealed that 72 per cent of people in Asia see dairy as an important part of a balanced diet. However, the research also shows that less than half of the 9000 people surveyed in nine countries are eating dairy on a daily basis. Fonterra Group Director Strategy, Maury Leyland, said today’s results clearly demonstrate growing awareness of the importance of dairy nutrition across the region and the opportunity ... more

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FoodWaikato product development spray dryer opens up new possibilities for local producers

The Waikato Innovation Park’s product development spray dryer is going green – avocado green, to be exact. The country’s only open access product development spray dryer is helping Bay of Plenty company, Avocado Oil New Zealand, dry avocado pulp into a high value powder for use in cosmetic, nutriceutical and food products. The dryer - known as FoodWaikato - is part of the New Zealand Food Innovation Network, a national network of science and technology resources that ... more

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Fonterra announces opening forecast Farmgate Milk Price for new season

Fonterra Co-operative Group Limited today announced an opening forecast Farmgate Milk Price of $7.00 per kgMS for the 2013/14 season - up $1.20 on the current season. In addition, the Co-operative confirmed a higher Advance Rate schedule, with an opening rate of $5.00 per kgMS, reflecting the higher forecast Farmgate Milk Price for 2013/14. The Board will announce its forecast Cash Payout - which comprises the Forecast Farmgate Milk Price and dividend for the 2013/14 season - ... more

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Mystery as China blocks NZ meat

Tens of millions of dollars is at stake as mystery grows over why tonnes of New Zealand meat is being blocked at China's borders. And the bill could skyrocket if the matter is not resolved very soon. The Government insisted at the weekend that it was "working around the clock" to resolve the problem, but ministers would not comment further yesterday on what had caused the impasse. Officials say the meat crisis is because of an issue with import certification, caused by ... more

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Tea grower brews plan for success

When Tzu Chen first saw camellia trees flourishing in the Waikato, it seeded what could have been viewed as an impossible dream. Chen, an avid tea lover, was struck by the similarities between the camellia and tea plants. It got him thinking that tea could be grown in New Zealand, but with no prior knowledge of the industry he did not realise what a hard job that would be. He and his son Vincent Chen, who is the founder of Waikato-based Zealong Tea, New Zealand's only tea ... more

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Mammoth milk dryer caps season

The roof is on the world's largest milk-powder dryer in stage two of Fonterra's more than $500 million Darfield milk-processing plant. D2, as the 30.8-tonne-an-hour dryer is known, will take over the position as the world's most powder-productive dryer from the E4 28-tonne an hour dryer at Edendale in Southland when it begins processing wholemilk powder in August. It has taken more than 550,000 man hours to reach this stage. Canterbury operations manager Richard Gray said capping ... more

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World dairy prices drop 2.1 percent

Prices of dairy products extended their decline from a record high as a resurgent US dollar weighed more generally on commodity prices and concerns abated about the impact of drought in the North Island. The GDT-TWI Price Index fell 2.1 per cent compared to the last sale two weeks ago in only the second decline this year. The average winning price fell to US$4,549 a tonne from US$4,597 a tonne. The price reached US$4,968 a tonne last month, the highest since the GDT platform began in July ... more

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Fonterra tankers get a School Milk makeover

From this week, Fonterra drivers will be hitting the roads in 14 brand new Fonterra Milk for Schools themed tankers. Fonterra Tanker Driver, Jess Drewet, says the team is excited to get behind the new wheels. “Not only are these completely new vehicles, they are displaying something of which our team is really proud. When you drive as much as we do, you get quite attached to your tanker, and the team can’t wait to get out on the roads and show the new ones ... more

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Keeping it in the family

Brown Brothers is pleased to announce that fourth-generation family member Caroline Brown (centre, above) has joined the business in the role of Public Relations Manager, Australia and New Zealand. Caroline is following in the footsteps of her elder sister Katherine, who held the Public Relations Manager role for nearly three years. Katherine has now moved into the position of Brand Manager, with a focus of the fruity wine range including top seller Brown Brothers Moscato. ... more

Displaying 191 - 200 of 340 items.
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