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Latest Fonterra Stories

2008-09-24 15:00:56

T WO stories in yesterday's paper confirmed what many of us have been thinking for some time: that Taranaki is ideally placed to ride out the financial storm sweeping the globe. And maybe come out of it a little ahead. Taranaki is lucky to have in abundance two commodities that will become more and more important in the coming years of stretched energy resources and food crises: we are certainly the pulse of the nation when it comes to oil and gas exploration, and one of the major players...

2008-09-24 15:00:38

By JANES, Andrew FONTERRA announces its annual result and a fresh payout forecast for the current season today as it continues to deal with the fallout from the Chinese melamine scandal. In May, the dairy co-op forecast a payout of $7.90 a kilogram of milk solids for last season and made an initial forecast of $7 for the 2008-09 season. Fonterra chairman Henry van der Heyden said early this month that farmers should brace themselves for a volatile milk market this season. According to...

2008-09-24 12:00:20

Research and Markets (http://www.researchandmarkets.com/research/8cf143/dairy_mergers_ac) has announced the addition of the "Dairy Mergers & Acquisitions 2008" report to their offering. Combining analysis, insight and opinion - Zenith is pleased to unveil its new series of short sharp topical market reports, delivering assessments of the emerging issues that matter to consumers and the wider dairy industry: -Adapt to change -Be early to market -Seize new growth...

2008-09-24 09:00:09

By Charles Hutzler Associated Press BEIJING -- The note posted in July on the Web site of China's food safety inspection agency came from a doctor: There had been a sudden rise in infants turning up at his hospital with kidney stones after drinking the same brand of formula. The warning, which urged an investigation, went unheeded. In the two weeks since China began piecemeal reporting about contamination of the milk supply, a picture has emerged of official indifference, greed and...

2008-09-24 09:00:09

By CHARLES HUTZLER By Charles Hutzler The Associated Press BEIJING The note posted in July on the Web site of China's food safety inspection agency came from a doctor: There had been a sudden rise in infants turning up at his hospital with kidney stones after drinking the same brand of formula. The warning, which urged an investigation, went unheeded. In the two weeks since China began piecemeal reporting about contamination of the milk supply, a picture of official indifference,...

2008-09-23 18:00:09

The Sanlu Group, one of the largest Chinese dairy companies, received complaints about its baby formula in December, the official Xinhua news agency said. The information was in a government report released to the Xinhua. It suggests that Sanlu tried to cover up contamination problems for months, The New York Times said. More than 53,000 Chinese infants have reportedly been sickened by formula contaminated with melamine and at least four have died. Melamine is normally used in plastic...

2008-09-23 06:00:02

By David Barboza The head of China's top quality-control agency resigned Monday in the wake of a growing scandal over the country's tainted milk supply, the state-run Xinhua news agency reported. The toxic milk has sickened more than 50,000 infants and has killed at least four so far. The resignation of Li Changjiang, head of the General Administration of Quality Supervision, Inspection and Quarantine, an agency that is supposed to monitor food and product quality and safety, was...

2008-09-22 09:00:38

Tainted milk scare benefits clean Chinese dairy producers, foreign brands BEIJING, Sept. 21 (Xinhua) -- As the scandal of China's tainted milk threatens the country's dairy industry, foreign brands and Chinese producers not involved in the scare have seen business opportunities. "We've received many calls from distributors offering to sell our baby milk powder in the past few days and we are ready to increase output," said Ma Guowu, sales director of Beijing Sanyuan Foods Co., Ltd., a...

2008-09-19 09:00:31

Sacked Sanlu chairwoman removed from local legislature over baby formula scandal SHIJIAZHUANG, Sept. 18 (Xinhua) -- A sacked board chairwoman and general manager of a Chinese dairy producer was removed from the local legislature on Thursday over the ongoing baby formula scandal. The decision to dismiss 66-year-old Tian Wenhua, who had led the Shijiazhuang-based Sanlu Group, as a deputy to the Hebei Provincial People's Congress was made at a meeting of the legislative body's Standing...

2008-09-18 12:00:31

Text of report in English by official Chinese news agency Xinhua (New China News Agency) [Xinhua: "Chinese Dairy Producer Yet To Recall Some Tainted Milk Powder"] Shijiazhuang, Sept. 18 (Xinhua) - A Chinese dairy producer at the centre of a baby formula scandal has yet to recall 35 tonnes of tainted milk powder from retail outlets and consumers, an official said on Thursday, as it emerged that a fourth child had died. Local authorities and the Shijiazhuang-based Sanlu Group had recalled...


Word of the Day
drawcansir
  • A blustering, bullying fellow; a pot-valiant braggart; a bully.
This word is named for Draw-Can-Sir, a character in George Villiers' 17th century play The Rehearsal.
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