Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Food technology research draws companies together

27 July 2004

Food technology research draws companies together

Dairy company Fonterra and German transnational BASF are collaborating
on research, which could lead to new commercial opportunities for
value-add dairy products in the rapidly-growing health ingredients
market.

Executives of the two companies met in Auckland today to discuss ways
they can share technological and scientific expertise to develop foods
of the future.

BASF South East Asia president Dr Harald Lauke said the partnership was
BASF's first research cooperation with a dairy company, although BASF
has a long history of including customers and other partners such as
universities in research and development projects.

Fonterra CEO Andrew Ferrier said BASF, a pioneer in vitamin production,
was well-established as Fonterra's preferred supplier of supplements
used in manufacturing nutritional milk products, and the excellent
business relationship between the two companies was an ideal base for
closer collaboration.

"Global demand for innovative dairy products is increasing all the
time," he said.

"To grow our value add business to meet that demand, we need a strong
base of quality research, which makes partnerships like this critical to
our future growth and success."

Mr Ferrier said three senior staff from Fonterra's Palmerston
North-based Marketing & Innovation division had just returned from
Germany, where they had compared notes on various initiatives in both
human and animal nutrition with senior BASF scientists. He expected
this to lead to further opportunities for collaboration and partnership.

Fonterra and BASF last month announced they would co-fund research into
the development of customised convenience foods.

The POSIFoods (point-of-sale individualised foods) project, also
supported by the Foundation for Research, Science & Technology, combines
cutting-edge nutrition science and food processing technology with
state-of-the-art vending machine technology.

Involving scientists from Massey University's Riddet Centre, the project
aims to develop vending machines capable of delivering snack foods
tailored to individual dietary needs and taste preferences.

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Onetai Station: Overseas Investment Office Puts Ceol & Muir On Notice

The Overseas Investment Office (OIO) has issued a formal warning to Ceol & Muir and its owners, Argentinian brothers Rafael and Federico Grozovsky, for failing to provide complete and accurate information when they applied to buy Onetai Station in 2013. More>>

ALSO:

Tomorrow, The UN: Feds President Takes Reins At World Farming Body

Federated Farmers president Dr William Rolleston has been appointed acting president of the World Farmers’ Organisation (WFO) at a meeting in Geneva overnight. More>>

ALSO:

I Sing The Highway Electric: Charge Net NZ To Connect New Zealand

BMW is turning Middle Earth electric after today announcing a substantial contribution to the charging network Charge Net NZ. This landmark partnership will enable Kiwis to drive their electric vehicles (EVs) right across New Zealand through the installation of a fast charging highway stretching from Kaitaia to Invercargill. More>>

ALSO:

Watch This Space: Mahia Rocket Lab Launch Site Officially Opened

Economic Development Minster Steven Joyce today opened New Zealand’s first orbital launch site, Rocket Lab Launch Complex 1, on the Mahia Peninsula on the North Island’s east coast. More>>

Earlier:

Marketing Rocks!
Ig Nobel Award Winners Assess The Personality Of Rocks

A Massey University marketing lecturer has received the 2016 Ig Nobel Prize for economics for a research project that asked university students to describe the “brand personalities” of three rocks. More>>

ALSO:

Nurofen Promotion: Reckitt Benckiser To Plead Guilty To Misleading Ads

Reckitt Benckiser (New Zealand) intends to plead guilty to charges of misleading consumers over the way it promoted a range of Nurofen products, the Commerce Commission says. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news