Fonterra Cooperative Ltd. and the Riddet Institute have signed a new research agreement that will see the two organisations collaborating on innovation projects to drive value in Fonterra’s global business.
This agreement builds on the long-standing relationship between the organisations that dates back to the formation of the Riddet Institute in 2003.
The new agreement allows for research collaboration on a broader front in an open innovation environment.
Each organisation will seek to align strategies and capabilities to enable cross-organisational project teams to work on the innovation projects that will drive Fonterra’s global export business.
In order to do this, the Riddet Institute will attain a deep understanding of Fonterra’s science and technology pipeline so it can provide independent and impartial scientific advice and create channels by which ideas can be discussed, evaluated and actioned.
The Fonterra Chair of Dairy Science is one example of this relationship and has been supported by Fonterra since 2005 and held by Distinguished Professor Harjinder Singh since its inception.
More recently, the collaboration on the post farm gate aspect of the dairy Primary Growth Partnership has been a cornerstone of the Riddet Institute’s research activities in dairy, led by Professors Peter Munro and Sally Poppitt.
Operations under the new agreement have kicked off with a meeting between research leaders of the two organisations.