date:Jul 15, 2014
Fonterra Co-operative Group and global healthcare giant Abbott have signed an agreement to develop a proposed dairy farm hub in China. The strategic alliance, which is subject to Chinese regulatory approval, will leverage Fonterras expertise in dairy nutrition and farming in China and Abbotts continued commitment to business development in China.
Dairy consumption in China has been rising steadily over the past 10 years. The continued development of safe, high-quality milk sources is essential