A ceremony in Beijing was attended by Prime Minister John Key, New Zealand Ambassador to China John McKinnon, Fonterra chairman John Wilson, and chief executive Theo Spierings, along with representatives from Beingmate, the Ministry of Environmental Protection, the Chinese Academy of Sciences and Tsinghua University.
A plaque was unveiled to commemorate the successful first phase of the New Zealand-China Environment Cooperation Project and the signing of a Memorandum of Understanding between Fonterra and Beingmate.
«This ceremony celebrated our progress in building an integrated business in China to deliver strong returns for our owners. Part of this is building partnerships to sustainably develop the dairy industry as well as bringing safe, high quality dairy nutrition to Chinese consumers,» Spierings said.
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The three-year New Zealand-China Environment Co-operation Project was launched by the Chinese and New Zealand governments, with support from government agencies and Fonterra. The project explored ways to use stock effluent as a fertiliser to maintain crop productivity, improve soil health and protect water quality.
Beingmate chairman Wang Zhentai signed the MOU on behalf of Beingmate.
«There has been a strong start to our partnership and we look forward to continuing to build on this. Today’s celebration reflects our joint ongoing commitment to Chinese consumers and I believe sets a strong example of win-win cooperation for our two nations,» he said.
Source: Stuff
