Fonterra in battle with Sri Lankan authority
Updated: 2013-08-09 13:37
(Xinhua)
|
||||||||
Pressured by doctors and the New Zealand government's botulism alert, which was issued over the weekend resulting in China and Russia recalling milk products from that country, Health Ministry officials on Thursday decided to suspend sales of all milk products imported from New Zealand, particularly those from Fonterra.
Sri Lanka's neighbor Maldives has also pulled Fonterra products off shelves, media reported.
Responding to a question by Xinhua Clement stated that the company is yet to calculate its losses from the DCD and botulism scare but it could run to tens of millions given its high presence in the local market.
According to the Fonterra website, its powder plant in Colombo' s outskirts packs 475,000 packs of milk each day and blends 5,270 metric tons of milk powder every month. Its liquid counterpart processors produce half a million yoghurt cups a day and 10,370 tons of cultured products, 850 tons of pasteurized milk and 2460 tons of UHT products every year. Some of the liquid dairy is procured from 4000 odd local farmers.
Fonterra is New Zealand's largest company with revenues of around NZ$20 billion ($16.8 billion), with 90 percent of the milk collected being exported around the world.
Most Viewed
Editor's Picks
Couples tie knot across Straits |
Getting freight traffic back on the rails |
Magnetic attraction |
County linked with outside world |
Urban push |
Reaching for the summit |
Today's Top News
Pharm giant says it takes bribery claims 'seriously'
China's inflation rises 2.7% in July
Budget show cuts in provincial spending
US realty market 'connects dots' with China buyers
Pharm giant suspected of bribery
Economic prospects improved
Beijing rejects protest over patrol
China Unicom tests 4G network
US Weekly
Geared to go |
The place to be |