The country’s milk firms are still struggling in the aftermath of the melamine contamination scandal of 2008 which killed at least six children
WATTLE Health has jumped the first hurdle in sale of its 1kg retail bag of Pure Australian Grass Fed Milk Powder in China.
Fonterra is “humming” in China, according to a headline in the NZ Herald, although the text of the article beneath it mentioned the “woes” associated with the co-op’s investment in Beingmate.
China’s Mengniu, through its subsidiary Yashili NZ, is looking at expanding its state-of-the-art infant formula plant at Pokeno, the company’s chief executive Lu Minfang said.
Moon Lake Investments won approval to buy Van Diemen’s Land Company after promising to invest $100m in Tasmania and create jobs.
Float aspirant Keytone Dairy will lean on its New Zealand heritage to capture Asian consumer demand for ‘clean and green’ powdered milk products but has no immediate plans to enter the ‘complex’ infant formula market.
Chinese shopping giant Alibaba is teaming up with Fonterra and NZ Post to trial away of tracking your food from paddock to the plate.
New Zealand dairy giant Fonterra vows to position technologies, marketing and products based on consumer trends in the Chinese market, which the company views optimistically.
The wave of Chinese dairy investment money into New Zealand since 2014 has brought opportunities, but also suspicion in some circles.
Fonterra’s plan to turn around its disastrous investment in Chinese baby food company Beingmate won’t be smooth sailing.