Substitute for cow's milk?
OPINION: Scientists claim to have found a new way to make a substitute for cow's milk that could have a radical effect on the dairy industry.
OPINION: Synlait's financial woes won’t be going away anytime soon.
The company is looking at divestments of its Pokeno plant and a canning operation in Auckland to raise capital and reduce debt.
While other dairy companies are making money despite tough economic conditions, where did Synlait go wrong?
For one, they spent millions on investments and then realised that they won’t generate as much profitability per dollar of capital that they invested.
A case in point is the $70 million they ploughed in to fit out Pokeno to manufacture plant-based milk. No other milk processor in NZ thought it fit to make such an investment. Poor investment decisions are coming back to bite Synlait.
The Ministry for the Environment (MfE) has found itself in a stoush with NZPork over the controversial National Policy Statement for Highly Productive Land (NPS-HPL).
Fonterra says the sale of its global consumer business and its Oceania and Sri Lankan operations could take 18 months to complete.
The lobby group the Methane Science Accord (MSA) says it welcomes a recent government move to seek outside advice on reducing biological methane targets, rather than relying on recommendations made by the Climate Change Commission.
Well-known scientist Jock Allison has passed away.
After a decade of consultation and court battles, Environment Southland has officially adopted a plan to prevent further decline in the region's water quality.
Farmers are throwing down the gauntlet to politicians - hold an independent inquiry into rural bank lending or face tough questions from the farming sector.