date:Apr 27, 2012
blends its consumer brands either in New Zealand or through co-packers in Indonesia or in Asia, before distributing to the Indonesia market.
Fonterra CEO Theo Spierings said the dairy demand in Indonesia is forecast to grow by around 50% over the next eight years.
With such rapid growth forecast in Indonesia, we want to increase our packing and blending capabilities on the ground to support the long term growth of our business, Spierings added.
The company is in talks with prospective partners a