Fonterra announces record growth in export volumes from Victoria
Fonterra Australia, a subsidiary of New Zealand-based multi-national dairy giant Fonterra, has announced record year on year growth in export volumes of nutritional milk powder products from its Victoria manufacturing sites.
Since 2009, Fonterra has shipped more than 100,000 tonnes of nutritional milk powder products from Victoria manufacturing sites, achieving 37 per cent growth in this export category over that time.
Fonterra Ingredients Australia’s Managing Director Simon Bromell said the volume increase reflects growing demand for dairy nutrition in export markets. He said the company is experiencing strong demand in the Middle East, South East Asia and China.
Mr Bromwell added that the growth achieved is a credit to the company’s suppliers who work hard to deliver the milk needed to make the products.