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Another orange roughy success story

An orange roughy fishery south of Stewart Island has been given the green light to reopen after 19 years. In 1998, the seafood industry agreed to cease fishing in the ORH3B Puysegur area to rest the fishery to allow stocks to rebuild. Over the past 19 years the industry has contracted a number of research surveys from NIWA and CSIRO to monitor the rebuild and to inform a new stock assessment in 2017. Deepwater Group chief executive, George Clement, says this stock has now rebuilt to ... more

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Fonterra announces Marc Rivers as new CFO

Today Fonterra has announced the appointment of Marc Rivers to the role of Chief Financial Officer, effective 1 March 2018. Marc is an experienced global finance executive with strong strategic leadership capability. He is known for his commitment to leading and developing his people, with a track record of building diverse and inclusive teams. He is currently the CFO at Roche Pharmaceuticals Division in Switzerland, with oversight of NZ$51 billion in sales including 14 ... more

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2017 Tonnellerie de Mercurey NZ Young Winemaker of the Year announced

The 2017 Tonnellerie de Mercurey NZ Young Winemaker of the Year Final was held at Villa Maria in Auckland with the celebration dinner held at Ostro Restaurant where Kelsey Daniels (above) from Vinlink Marlborough was announced the winner and Sara Addis from Trinity Hill, Hawkes Bay runner up. Alongside Kelsey and Sara, the national finalists were Abilgail Maxwell from Babich, Marlborough and Tom Hindmarsh from Dry River Wines, Martinborough. Now in its third year, the competition is ... more

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Dairy price up as butter, milk powder rise

Dairy product prices rose at the Global Dairy Trade auction, increasing for the third time in seven auctions, amid stronger-than-expected demand for whole milk powder. The GDT price index rose 0.9 per cent from the previous auction two weeks ago to US$3,368. Some 34,117 tonnes of product was sold, up from 33,501 tonnes at the previous auction. Whole milk powder increased 0.6 per cent to US$3,122 a tonne. Anhydrous milk fat gained 5.3 per cent to US$6,764 a tonne, while butter rose ... more

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Synlait delivers on growth strategy, reports $38.2m profit

Synlait (NZX: SML; ASX: SM1) has reported their strongest performance yet with a net profit after tax of $38.2 million, double digit growth in profit margins and revenue increasing 39% to $759 million. The results for the financial year ending 31 July 2017 (FY17) were achieved alongside several initiatives to prepare for future growth. “Our shareholders supported this growth focus in September 2016 when we successfully raised $97.6 million to invest in our business,” said ... more

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Former Accolade Wines CEO appointed Director of New Zealandís Invivo Wines

Invivo has announced the appointment of Paul Schaafsma, former CEO of Accolade Wines, to its board as an independent director. Under Paul’s leadership, the fifth largest wine company in the world exceeded AUD$1billion in revenue with a team of 1700 employees across Australia, New Zealand, UK, China, Japan, South East Asia, USA, Chile, Canada and South Africa. His work in the industry culminated in Paul being awarded “Man of the Year” by Drinks Business magazine in 2015. ... more

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Fishing operators recognised for their commitment to protecting seabirds from being harmed on vessels

Photo: Diane Brooks and Mike Smith of Altair Fishing Limited, Nelson, accept the 2017 Seabird Smart Award. The winners of this year’s Seabird Smart Awards are leading the way when it comes to protecting seabirds says Bill Mansfield, the Chair of the Southern Seabird Solutions Trust. The Seabird Smart Awards aim to recognise commercial and recreational fishers for outstanding leadership and commitment to looking after New Zealand seabirds. The Award winners were announced by ... more

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Food factory flags at half-mast fitting tribute to Sir Pat Goodman

Flags flying at half-mast at Goodman Fielder factories and offices up and down the country is a most fitting tribute to food industry giant Sir Pat Goodman, says the New Zealand Food and Grocery Council. “Sir Pat’s death at the weekend brings to a close a remarkable and inspiring story of business acumen mixed with generous philanthropy,” says Chief Executive Katherine Rich. “He changed the face of the New Zealand baking industry. “He showed that no ... more

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Oritain Global expands into Australian market

Following a boom in demand for its forensic verification and traceability services, Oritain Global Ltd is expanding once again, this time into the Australian market. Oritain is a global leader in using forensic science to determine food, fibre and pharmaceutical provenance. Its unique services protect the reputation of its customers by identifying and mitigating well-known risks in the supply chain. The company already has some significant Australian customers on its books, including ... more

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Grocery exporters get access to Aust code of conduct training

New Zealand companies exporting to Australia can now access an online course on the Australian Food and Grocery Code of Conduct, under a special arrangement between the NZ Food and Grocery Council and retail marketing and strategy company NextGen. The Code introduces a new regime for fair dealing in the industry, and has the potential to improve trading relationships between retailers and suppliers, including New Zealand suppliers. The course supports suppliers’ understanding of ... more

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