Fonterra investing $70m in new electrode boilers
While opening the first electrode boiler at its Edendale site, Fonterra has announced a $70 million investment in two further new electrode boilers.
Another 40 million cartons of whipping cream will soon be rolling down the conveyors at Fonterra’s state-of-the-art Waitoa UHT facility every year, as the cooperative keeps pace with growing demand.
Previously planned to come online in 2018, Fonterra brought forward the project to add another production line at the Waikato site, with work on the $12 million build now set for completion in February 2017.
Fonterra director global foodservice Grant Watson says the acceleration of plans to supply China with more UHT is exciting for the business, given new builds in the foodservice space are typically demand-led.
“For foodservice products we build capacity based on secured customer orders. The fact we have needed to bring the project forward is a good sign of dairy’s growing popularity in China and points to the strength of our teams in market who are identifying that demand and converting it into sales.”
Fonterra’s recent annual results showed total sales in its foodservice portfolio have increased exponentially, currently growing at a rate of 15% on last year.
Fonterra chief operating officer global operations Robert Spurway says the new line will be up and running by March next year and will bring the site’s total UHT capacity up to 112,000 packs per hour.
“This new line enables us to expand our operations to send more of our farmers milk to higher value products and keeps us on track to meet our ambition of foodservice becoming a $5 billion business by 2023,” says Spurway.
The new line will be at full capacity by April next year and will create 14 full time jobs at the site.
DairyNZ chief executive Campbell Parker says the industry-good organisation is proud to be an ongoing industry partner of the New Zealand Dairy Industry Awards, providing judging expertise and facilitating field days.
A major floodway infrastructure upgrade has been completed in Edgecumbe, providing enhanced flood protection and resilience for the local community.
Rural retailer Ruralco says it has made a $10,000 donation to the Mid Canterbury Rural Support Trust (MCRST) following the Ruralco Golf Classic held last month.
According to a new farmer survey, many farmers are rejecting New Zealand’s current ruminant methane strategy.
As the New Zealand Dairy Industry Awards night unfolded, it became evident that Waikato’s Thomas and Fiona Langford were the frontrunners for the biggest prize of the night – the 2025 Share Farmers of the Year award.
New Zealand’s dairy sector cannot expect India to be a market for all its dairy products.