It has been lately announced by Danone, French food giant, that its baby nutrition division's sales of third quarter would probably be poorer. The reason behind the same is the New Zealand milk powder botulism scare.
Compensation options are, reportedly, being taken into consideration by the company.
Honey Industry in New Zealand is facing crisis now as British Food Standards Agency has issues warning about manuka honey imported from New Zealand. The honey industry in New Zealand registers revenue of nearly $120 million per year.
According to the revelations of a new report, an outlaw on Sri Lankan Fonterra milk products has been removed.
Not only the sale and distribution, but the advertising of the products had also been banned in the country. A court in Sri Lanka had imposed the temporary ban of 14 days since traces of a nitrate inhibitor had been reported in the products.
It was during the last month that Fonterra, global dairy giant, said they have found a bacterium in one of the ingredients that causes botulism.
The announcement led to a series of action, like recall and trading partners have blocked the products. The government is going to carry out an investigation into the case.
Dairy products giant Fonterra has suffered another setback due to botulism contamination as Russia, Belarus and Kazakhstan has banned the products of the company. Trade minister Tim Groser has confirmed that the countries have put temporary restriction on Fonterra products while the company has already planned two internal inquiries.
It is growing tougher for the wine industry since the year 2008 as the product is being over supplied in the market whereas its demand has turned weak comparatively. But, recently some hopes of mending have been cited in the industry and so has the confidence of the winegrowers started building up once again.