January 21, 2013
Fonterra sees 22% more milk supplies for Sri Lanka business
Fonterra's Sri Lanka business has received 22% more domestic milk in 2012 as its suppliers continue to exploit the New Zealand dairy firm's farmer development programme.
An extra 1.5 million litres was supplied by Fonterra's 4000 farmer-suppliers, taking last year's Sri Lanka collection to a record 8.2 million litres.
Fonterra and its pre-2001 legacy entity have been collecting fresh milk in Sri Lanka for more than 15 years and the New Zealand dairy industry has been supplying Sri Lanka with products for more than 35 years.
Fonterra Brands Sri Lanka managing director, Leon Clement, said the farmer-development programme began in 1997. Last year, it had resulted in farmers within Fonterra's five-district network improving their production by an average of 10%.
The programme was also expanded last year to include another 200 farmers, he said.
Milk collected in Sri Lanka is processed into fresh products under the Anchor Newdale brand at Fonterra's manufacturing plant in Biyagama.
The extra 1.5 million litres was equal to 7.5 million glasses of milk, Clement said.
