Fonterra looks to double Chinese milk production with second farming hub

Tue, 10 Sep 2013

Sept. 11 (BusinessDesk) - Fonterra Cooperative Group, which was embroiled in a false food safety alarm last month, is seeking to double its Chinese milk production in China with plans for a second farming hub in the Shanxi Province. The world’s biggest dairy exporter plans to develop five 3,000-cow farms in Ying County, doubling its Chinese milk production to an annual 300 million litres, the company said in a statement. Fonterra is looking for partners in the development, in the second step towards producing an annual 1 billion litres of mi...

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