Expert Says Fonterra Backing Current Strategy With New CEO Appointment
The appointment of Richard Allen as Fonterra's new chief executive signals execution, not strategy, according to agribusiness expert Dr Nic Lees.
Anchor Light Proof milk bottles will soon appear on farms but you won’t find them in a fridge.
Fonterra has teamed up with Kiwi-owned start-up Future Post to turn milk bottles and other soft plastics into farm fence posts — from 100% recycled material.
Fonterra Brands New Zealand’s (FBNZ) sustainability and environment manager, Larisa Thathiah, says the posts are a step forward in farm sustainability.
“This provides farmers with an environmentally friendly fencing option made from the packaging of our farmers’ milk,” says Thathiah. “It’s [cutting] waste or at least turning it into something useful.”
The posts are expected to last at least 50 years.
The managing director of Future Post, Jerome Wenzlick, welcomes the support of Fonterra and he hopes the company will develop other sustainable products for farmers.
“We’re using waste that could have gone to landfill,” says Wenzlick. “This gives us access to a steady supply of raw material from the co-op’s own recycling initiatives, and to the network of nationwide Farm Source stores that can sell the fence posts.
“Future Post is a start-up, but we have plans for new products in 2019 including for non-farming sectors.”
The posts will go on sale in the new year in some Fonterra Farm Source stores in the North Island, and in South Island stores mid-2019.
Penske Australia & New Zealand has appointed Stephen Kelly as the general manager of its Penske NZ operations, effective immediately In this role he will oversee all NZ branch operations, including energy solutions, mining, commercial vehicles, defence, marine, and rail, while continuing to be based at Penske’s Christchurch branch.
According to the latest Federated Farmers-Rabobank Farm Remuneration Report, released today, farm worker pay growth has levelled off after a post-Covid period of rapid growth.
The Climate Change Commission has recommended maintaining the current New Zealand Emissions Trading System (NZ ETS) settings but warns of a potential unit shortfall as early as 2028.
The Conservative Party warns that the upcoming free trade agreement between New Zealand and India may prioritise increased labour mobility while offering limited reassurance for New Zealand workers.
Southland District Council says it is actively managing the impacts of the current fuel supply challenges to ensure essential services across the district continue to operate safely and reliably.
A large crowd turned out for the last of the field days of the three finalists in this years Ahuwhenua Trophy to determine the top Maori horticulture entity in Aotearoa New Zealand