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Chinese New Year boosts demand for New Zealand cream cheese

Growing demand for cream cheese in China has seen Fonterra ramp up production at its Darfield site in Canterbury.

Fonterra cuts milk price forecast

Fonterra has cut its 2022/23 season forecast to a range of $8.00 to $8.60 per kg of milk solids. This reduces the midpoint of the range by 20 cents.

Fonterra to close Brightwater milk powder plant

Business Scoop » Fonterra To Close Brightwater Milk Powder Plant

Bathurst To Close Canterbury Coal Mine: All Eyes Now On Fonterra

Wednesday, 10 February 2021, 1:49 pm   The news today that Bathurst Resources is to close its Canterbury Coal mine at Coalgate is a wakeup call for Fonterra, whose Darfield plant down the road runs two coal boilers, says Coal Action Network Aotearoa (CANA). This could spell the end of cheap coal for Fonterra’s Canterbury operations, and should give the company an opportunity to make the switch away from coal, the world’s dirtiest fossil fuel,” said Cindy Baxter, a CANA spokesperson. Fonterra’s Darfield dairy factory has two large, relatively new coal boilers, totalling 75MW, and burns around 90,000 tonnes of coal a year to dry milk

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