The move to the new location is part of Fonterra’s strategic decision to focus on building its value-added and specialty ingredients portfolio in Europe.Previously the European arm of the New Zealand dairy had focused on imported cheese and butter.
Tetra Pak already has a manufacturing site in Pune but it has been in operation for nearly 14 years and is reaching its full capacity of 5 billion packages. The new Pune plant will have an initial annual production capacity of 8.5 billion packages, with the potential of increasing to 16 billion packages.
Jager said the global recession was still evident but good news is coming out of the United States, a mood of cautious optimism but still awareness of the possibility of downturn.
According to Reuters report posted by GulfNews.com, the 747-8 Intercontinental will seat 467 passengers, 51 more than the current version of the 747, and burn less fuel while offering passengers more comfort.
At the moment, nationwide, nearly 1500 hectares of vines on 115 vineyards are now managed organically – representing 4.5% of all vineyard land.
New Zealand’s Milfos will supply its iConverter technology which ‘snap’ chills milk from 34°C to 4°C for bulk storage. This underpins milk hygiene by lowering the bacteria count.
Guangdong’s imports from Brazil rose 11.8% year on year to USD$1.77 billion in 2010.
The Ministry of Science and Innovation is a new agency it also brings together the Foundation for Research, Science and Technology (the Foundation) and the Ministry of Research, Science and Technology (MoRST) and assumes responsibility for the policy and investment functions of both agencies.
Since the June 19, 2010 announcement by China’s central bank of greater exchange rate flexibility, its currency, also known as renminbi has appreciated 3.7% against the dollar, or about 6% annualised. The renminbi has appreciated 26% in total against the dollar since 2005.
The New Zealand marine industry is worth around NZD$1.7 billion and employs over 10,000 people. The sector is aiming to grow to $2.6 billion by 2015 and this contract will help attract further business.
BA increased its surcharge — a levy imposed on fares to cover the rising cost of oil — after admitting its fuel bill was in excess of £7 million (NZD$14.6 million) a day.
Tetra Pak already has a manufacturing site in Pune but it has been in operation for nearly 14 years and is reaching its full capacity of 5 billion packages. The new Pune plant will have an initial annual production capacity of 8.5 billion packages, with the potential of increasing to 16 billion packages.
Jager said the global recession was still evident but good news is coming out of the United States, a mood of cautious optimism but still awareness of the possibility of downturn.
