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Fonterra has launched a range of UHT milk products with packaging reflecting the tastes of Chinese consumers.

Responding to demand for safe, high-quality dairy nutrition, the Upline range includes products called LiveUp – a high-protein milk with 50 per cent more protein than standard UHT – and NaturalUp, made from certified fresh organic New Zealand milk that meets Chinese and New Zealand organic standards.

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The existing range of Anchor UHT products in China have also had a facelift, with fresh packaging in place across the full range of products.

The re-design coincides with the launch of the two new products, and the new-look items are also being released to physical stores and online over the next two months.

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It is part of a wider re-design of the Anchor visual identity across global markets, with China the first to roll out a new look.

 

Food & Drink Business

The largest shareholder, director, and managing director of health and wellness company Jatcorp, Zhan (Jack) Wang has resigned, effective immediately. He remains the largest shareholder. Sunny Jian Xin Liang continues as CEO.

In recent years, there has been growing recognition that food and agriculture should be viewed not solely as economic sectors but as pillars of national resilience and security. The combined pressures of geopolitical tensions, natural disasters, tech vulnerabilities, and climate change are driving broader recognition of sovereign risk in food production and supply chains, placing it alongside traditional domains of national defence and security. MEQ CEO, Remo Carbone, writes.

The a2 Milk Company says it’s expecting mid to high single-digit revenue growth in FY25, updating its previous guidance of mid single-digit. EBITDA as a percentage of revenue is expected to be broadly in line with FY24. The company has also introduced a dividend policy.