Fonterra, Sharesies join to make share trading easier
Fonterra is teaming up with wealth app provider Sharesies to make it easier for its farmer shareholders to trade co-op shares among themselves.
Fonterra has confirmed the products of three of its customers that received whey protein concentrate (WPC80), Wahaha, Coca-Cola and Vitaco, are safe to consume because of the way they are manufactured.
These three beverage companies use whey protein concentrate in either UHT, yoghurt or acid beverage products.
Fonterra's managing director of NZ Milk Products, Gary Romano, said: "Our technical teams have been working closely this weekend with Coca-Cola, Wahaha, and Vitaco and have established that the process used to manufacture their products would kill the bacteria that was in the affected whey protein concentrate.
"In the case of Coca-Cola and Wahaha, the combination of low pH and ultra-high temperature treatment gives us complete confidence that acid beverages and yoghurts (pH <4.5) are safe. In the case of Vitaco, the ultra-high temperature treatment gives us the same confidence.
"We appreciate the way these customers have worked so quickly with us through this process and are pleased to be able to reassure consumers of the safety of their products."
Fonterra will continue to provide updates as they become available.
Federated Farmers president Wayne Langford is claiming “some real success” on the 12 policy priorities it placed before the Coalition Government.
Federated Farmers is throwing its support behind the Fast-track Approvals Bill introduced by the Coalition Government to enable a fast-track decision-making process for infrastructure and development projects.
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