Top Kiwi trainee chefs Teresa Joe and Elliott Pinn will represent New Zealand at the Fonterra Foodservices Proud to be a Chef Australasian final in Melbourne this week [Eds: 1 - 3 March 2011].
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CHRISTCHURCH — Fonterra is today installing five large milk vats filled with fresh water as part of its ongoing effort to get water to Christchurch.
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CHRISTCHURCH — · Fonterra this morning delivered 200,000 litres of fresh water from its Clandeboye plant to Christchurch.
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Dairy Co-operative Fonterra and national centre of research excellence the Riddet Institute today announced the establishment of a new Massey University Fonterra Chair in Food Material Science.
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Fonterra today announced that its Fonterra Brands New Zealand (FBNZ) business will freeze wholesale domestic milk prices for the rest of 2011.
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This week Fonterra is conducting a series of meetings to update farmers on progress towards share trading among farmers.
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Do you have the secret to the best pizza in the land? The Fonterra Foodservices Global Pizza Challenge has arrived in New Zealand to find our best pizza maker and the secrets behind their recipes.
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Media are invited to attend a series of meetings Federated Farmers is holding for all sharemilkers, farm owners and rural professionals to discuss how Fonterra’s capital restructure affects the sharemilking industry. Since the last meetings held this time last year, a number of issues have been raised by farmers as they have talked with their sharemilkers.
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CANTERBURY — Conservation Minister Kate Wilkinson joined 45 volunteers in Canterbury to mark International Volunteer Day today by helping restore the native plant life at Poynters Nature Reserve in Lower Waimakariri Regional Park near Kaiapoi.
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Fonterra and Nestle confirmed today a proposal to expand their Dairy Partners Americas (DPA) joint venture into Chile.
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A report by the New Zealand Institute of Economic Research (NZIER) estimates the current Raw Milk Regulations are costing the New Zealand economy up to $450 million.
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Two of our country's best trainee chefs, Teresa Joe from Auckland's AUT and Elliott Pinn from CIPT in Christchurch, have taken away the title of Fonterra Foodservices Proud to be a Chef 2010.
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The 480 red noses fitted to Fonterra’s tanker fleet will be spreading the Cure Kids Red Nose Day message far and wide this week.
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Fonterra Co-operative Group, the Indian Farmers Fertiliser Co-operative (IFFCO) and Global Dairy Health today signed a Memorandum of Understanding to jointly conduct a feasibility study into a pilot dairy farm in India as a first step towards the vision of establishing large-scale world-class dairy farms in India.
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Fonterra said today the announcement of full Free Trade Agreement (FTA) negotiations with Russia and its Customs Union partners, Belarus and Kazakhstan, had the potential to make the region an even more important partner for the New Zealand dairy industry.
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- Forecast Payout also confirmed with no change in Profit outlook - Higher Advance Rate on back of strong balance sheet Fonterra confirmed today its forecast Milk Price for the 2010/11 season is remaining at $6.60 per kilogram of milksolids (kgMS).
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Fonterra has set a new record for the most milk processed in a single day.
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WAIKATO — Fonterra is reviewing its application to discharge water into the Mangatainoka River following public consultation.
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Fonterra and the Government of Yutian County of China today formally agreed to develop a new Fonterra dairy farm in Yutian County, Hebei Province.
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Fonterra has welcomed the announcement today by the Agriculture Minister, David Carter, that the Government will be reviewing the Raw Milk Regulations part of the Dairy Industry Restructuring Act (DIRA) – and in particular the criteria around eligibility for raw milk supply.
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Fonterra’s farmer-shareholders have applied for $61 million of additional Fonterra shares, lifting the total number of ‘dry’ shares to 6% of shares on issue – further strengthening the Co-operative’s balance sheet.
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Fonterra Co-operative Group Limited announced today its second-highest payout of $6.70 (before retentions) for 2009/10, up from $5.21 last year.
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AUCKLAND — Fonterra Brands New Zealand will be filling an additional 600,000 packs of Ultra Heat Treated (UHT) milk every week after completing an $8 million expansion and upgrade of its UHT milk processing plant in Takanini, Auckland.
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HAMILTON — Fonterra expects to ship more than 235,000 metric tonnes of butter and cheese per year from its new Crawford Street Cool Store in Hamilton, which was officially opened today.
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CANTERBURY — Fonterra has announced a $1 million donation towards recovery efforts in earthquake-affected Christchurch and the surrounding regions.
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The gDT-TWI index was up 16.9 % after the latest globalDairyTrade trading event.
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Three talented young chefs from Taranaki, Fielding and Auckland won silver in this year’s Kapiti Cheese Experience (Open), where the best and brightest of the hospitality industry compete for prestigious industry awards and prizes.
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Nominations are now open for the 2010 Fonterra Elections.
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Fonterra has set a new export record, sending 2.1 million metric tonnes of product to international markets for the first time in its nine-year history.
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Fonterra reaffirmed today its forecast payout range before retentions for the 2010/11 season would be $6.90-$7.10.
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Fonterra has announced the appointment of Kelvin Wickham to its Executive Committee in the new role of Group Director Supplier and External Relations.
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Fonterra is a supplier of milk powder to Synutra International but we understand Synutra sources some milk locally and imports whey powder from Europe.
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Fonterra this week launched a major new initiative designed to bring about a substantial reduction in non-compliance with regional council dairy effluent rules.
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The gDT-TWI index was down 8.3% after the latest globalDairyTrade trading event.
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Fonterra Co-operative Group said today it welcomed the Government’s decision to review the eligibility criteria for access to regulated raw milk.
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The nation's largest spring clean is underway.
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The gDT-TWI index was down 13.7% after the latest globalDairyTrade trading event.
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Federated Farmers is hailing the decisive 89.85 percent vote in favour of the final leg of Fonterra’s capital structure review as the most momentous thing in the Cooperative’s history, since it was formed in October 2001.
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The gDT-TWI index was down 3.5% after the latest globalDairyTrade trading event.
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Fonterra today welcomed the announcement by Trade Minister Tim Groser that New Zealand and Russia will enter a scoping phase towards a Free Trade Agreement.
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Grass fed milk has been validated as healthy according to a new study from Harvard University’s School of Public Health.
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DairiConcepts, L.P., a joint venture between Fonterra and Dairy Farmers of America, has acquired the US hard Italian cheese business of Swiss Valley Farms (SVF).
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Fonterra’s organic business expects to see a 140 per cent increase within the next five years on the back of burgeoning global demand for organic dairy ingredients.
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The global outlook for dairy demand is strong but New Zealand dairy farmers must shore up their businesses against likely future volatility in returns, says Fonterra Chairman Sir Henry van der Heyden.
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Following the May trading event on globalDairyTrade, Fonterra’s internet-based sales platform, the gDT-TWI index was down 0.8%.
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From the 5 May globalDairyTrade trading event Fonterra will be publishing a dairy price index, the gDT-TWI (globalDairyTrade Trade Weighted Index).
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Fonterra has won international recognition for a breakthrough reduced-salt Cheddar cheese, receiving the Best New Cheese Award at the prestigious International Dairy Federation (IDF) Innovation Awards last week in Salzburg.
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Fonterra today welcomed the Government's announcement confirming changes to the Raw Milk Regulations in New Zealand, which set the basis for the price of milk other processors can access from Fonterra under DIRA (Dairy Industry Restructuring Act).
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Fonterra Shareholders’ Council chairman Blue Read says it is encouraging for farmers to see an increase in the co-operative’s 2009/10 forecast milk price.
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Forecast Distributable Profit range held at 40-50 cents per share; target Dividend range remains at 20-30 cents per share.
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Fonterra shareholders are again being offered an opportunity to develop their leadership and governance capabilities.
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The Fonterra Shareholders’ Council is refuting suggestions that possible changes to the co-operative’s capital structure involve direct public investment in Fonterra.
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The Fonterra Shareholders’ Council today welcomed the co-operative’s move to consult with shareholders on Trading Among Farmers.
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Fonterra Co-operative Group Limited said today possible changes to its capital structure would mean more flexibility for farmers to buy and sell Fonterra shares to match their cash flows, while providing Fonterra with permanent share capital to grow shareholder returns.
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globalDairyTrade, Fonterra's internet-based sales platform, concluded its April trading event this morning (NZT) with the average price for Whole Milk Powder up 21%.
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CANTERBURY — Fonterra today announced that it has taken options on land for a planned new milk processing plant in central Canterbury, which it expects to be operating in September 2012.
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Fonterra Co-operative Group Limited said today it would begin consulting with its farmer shareholders on a possible third step of capital structure change, ‘Trading Among Farmers’, on 7 April 2010.
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Fonterra Shareholders' Council chairman Blue Read says it is extremely satisfying to see a strengthening of the co-operative's balance sheet.
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Fonterra is rolling out a major initiative to check every farm’s effluent management infrastructure, every year in a move to address non-compliance with regional council dairy effluent rules.
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The Fonterra Shareholders’ Council says meeting Regional Council rules for effluent management must be a priority for all dairy farmers Council chairman Blue Read said one of the major issues dairy farmers face is the need to make sure rivers and streams on dairy farms are clean.
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Fonterra has confirmed that all staff in Chile have been safely accounted for, including those who were on leave at the time of the earthquake.
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· We have made contact with most of our staff in Concepcion, the city worst affected by last weekend’s earthquake in Chile.
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· Fonterra, through its subsidiary Soprole, employs around 1,800 people in Chile.
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globalDairyTrade, Fonterra’s internet-based sales platform, concluded its March trading event this morning (NZT) with the average price for Whole Milk Powder up 0.8%, or US$25 per tonne, from the February event.
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Fonterra Chairman Henry van der Heyden today responded to a statement by Open Country Dairy and said Fonterra will always have open entry and exit for its farmers.
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globalDairyTrade, Fonterra’s internet-based sales platform, concluded its February trading event this morning (NZT) with the average price for Whole Milk Powder down 1.6%, or US$53 per tonne, from the January event.
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Fonterra today announced it intends to invest in two more dairy farms in China, to continue growing a high quality and secure supply of milk on the ground.
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Fonterra’s farmer shareholders have invested $270.7 million buying shares in their Co-operative following last year’s changes to capital structure.
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Fonterra Co-operative Group Limited announced today it is considering making an offer of senior unsecured bonds.
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Fonterra’s farmer shareholders have until next Thursday (21 January 2010) for their initial opportunity to buy additional shares in their Co-operative following last year’s changes to capital structure.
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Sales on Fonterra’s internet-based trading platform, globalDairyTrade, have reached $US1 billion over the 19 trading events since launch in July 2008.
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globalDairyTrade, Fonterra’s internet-based sales platform, concluded its January trading event this morning (NZT) with the average price for Whole Milk Powder down 7%.
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Fonterra’s 50:50 joint venture with Royal FrieslandCampina, DMV-Fonterra Excipients (DFE) is buying Royal FrieslandCampina’s pharmaceutical lactose business and manufacturing unit, FrieslandCampina Domo-Pharma.
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The confirmation that the US will join the Trans Pacific Partnership (TPP) trade negotiations is welcome news, Fonterra said today.
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Fonterra today announced it has reached a final agreement to purchase the remaining 51% stake in Saudi New Zealand Milk products, a joint-venture dairy manufacturing facility with SADAFCO in Saudi Arabia.
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Fonterra said today that it is committed to making further reductions in greenhouse gas emissions per unit of product as preparations get underway for international climate change negotiations in Copenhagen.
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Fonterra’s Board of Directors announced today that the estimated Fair Value Share price for the 2010/2011 season is $4.52.
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globalDairyTrade, Fonterra’s internet-based sales platform, concluded its December trading event this morning (NZT) with the average price for Whole Milk Powder up 3.6%.
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Fonterra’s farmer shareholders will get their first opportunity from next week to invest additional capital in their Co-operative following capital structure changes approved at the annual meeting in mid November.
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Former World discus Champion Beatrice Faumuina has thrown her support behind the KickStart Breakfast Programme, run by Fonterra and Sanitarium and reaching more than 12,000 children across 300 schools in New Zealand every week.
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A protest planned for tomorrow (November 24) by Greenpeace at the Fonterra Centre in Auckland ignores the good progress being made by Fonterra and the dairy industry to improve sustainability.
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Fonterra has sold its 25% interest in UK joint venture AFF to majority owner Arla Foods amba.
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ASHBURTON — Fonterra shareholders today voted overwhelmingly in favour of the first two steps of the Co-operative's new capital structure at the Annual Meeting in Ashburton.
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Returning Officer Warwick Lampp, of electionz.com Ltd, has declared the final results of the 2009 Fonterra Board of Directors' and Shareholders' Council elections.
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Fonterra Chairman Sir Henry van der Heyden said he had today emailed Fonterra’s farmer shareholders urging them to make their votes count and support the proposed changes to the Co-operative’s capital structure.
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With less than one week of voting remaining in Fonterra’s 2009 Elections, almost 20% of votes have been cast.
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Fonterra announced today a further increase in the forecast payout to its farmer-shareholders for the current 2009/10 season.
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globalDairyTrade, Fonterra’s internet-based sales platform, concluded its November trading event this morning (NZT) with the average price for Whole Milk Powder up 13.7%.
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The Free Trade Agreement negotiated with the Gulf Co-operation Council (GCC) is good news for Fonterra, New Zealand dairy farming, and the economy, Chairman Sir Henry van der Heyden said today.
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Fonterra is today mailing out to shareholders the final proposal for a new capital structure that will be voted on at the annual meeting in Ashburton on November 18.
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An innovative new medical ice cream developed by Fonterra and The University of Auckland has shown early promise for combating some of the unpleasant side effects of chemotherapy.
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