Last Update

2015-11-25T00:00:00.000Z

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Mr. Alan van der Nagel

Managing Director of International Farming

Fonterra

HQ Phone: +64 9-374 9000

Email: a***@***.com

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Fonterra

9 Princes Street

Auckland, 1142

New Zealand

Company Description

Fonterra is a global leader in dairy nutrition - the preferred supplier of dairy ingredients to many of the world's leading food companies. Fonterra is also a market leader with its own consumer dairy brands in Australia/New Zealand, Asia/Africa, Middle E ... more

Find other employees at this company (7,470)

Background Information

Employment History

General Manager Operations

ALMARAI COMPANY, RIYADH , KSA

General Manager

Parmalat SA (Pty) Ltd

Education

degree

Business Administration

graduate diploma

dairy science

Web References (7 Total References)


Fonterra's managing director ...

www.nbr.co.nz [cached]

Fonterra's managing director of international farming, Alan van der Nagel, said last week that it would take another two years to become profitable after it posted a loss of $44 million in the 2015 financial year. The company is proceeding with a $US300 million, 51/49 joint venture with Abbott Laboratories to build a third farming hub, which Mr van der Nagel said would mean the group had the capacity to produce 600 million litres a year of milk from its three China hubs.


Fonterra's managing director ...

home.nzcity.co.nz [cached]

Fonterra's managing director of international farming, Alan van der Nagel, said last week that it would take another two years to become profitable after it posted a loss of $44 million in the 2015 financial year.


Fonterra's managing director ...

home.nzcity.co.nz [cached]

Fonterra's managing director of international farming, Alan van der Nagel, said last week that it would take another two years to become profitable after it posted a loss of $44 million in the 2015 financial year.


Fonterra's managing director ...

home.nzcity.co.nz [cached]

Fonterra's managing director of international farming, Alan van der Nagel, said last week that it would take another two years to become profitable after it posted a loss of $44 million in the 2015 financial year.


Fonterra's managing director ...

home.nzcity.co.nz [cached]

Fonterra's managing director of international farming, Alan van der Nagel told BusinessDesk the milk price in China is starting to return to the level needed for on-farm financial sustainability.

...
When the third farming hub is completed by the end of 2017, Mr van der Nagel said the farms have the capacity to produce about 600 million litres of milk annually. To put that in perspective, that's still only 1-to-2 per cent of China's total milk market, although Fonterra already ranks 9th out of the top 10 large scale producers.
The original target of 1 billion litres of milk from its China farms by 2018 has now been extended to 2022/23, said Mr van der Nagel.
Fonterra is seeking other "strategic partnerships" to develop farms and is also considering whether to sell down part of its existing hubs, he said.

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