date:May 22, 2012
The new centre, which will use Fonterra's dairy protein research and development capability, will develop innovative dairy products and premium ingredients based on growing dairy consumption trends in China.
It will also help the company extend its existing product line to address the changing lifestyles and consumer trends.
Fonterra CEO Theo Spierings said that developing innovative products is critical to the integrated milk business being built in China.
China is a significant priority