date:Sep 30, 2014
New Zealand dairy co-operative Fonterra Co-operative Group Limited and a leading Chinese infant food manufacturer Beingmate have formed a global partnership that will help meet Chinas growing demand for infant formula.
Fonterra said the partnership would create a fully integrated global supply chain from the farm gate direct to Chinas consumers, using Fonterras milk pools and manufacturing sites in New Zealand, Australia, and Europe.
The partnership is intended to increase the volume and value