|
Tuesday 29th March 2011 |
Text too small? |
Listed dairy entrepreneur New Image Group says it is building a spray drying plant for infant formula at Paerata, south of Auckland, to help meet global demand for more nutritional milk.
New Image executive chairman Graeme Clegg said the plant would also offer further potential to produce high-quality "bioactives" extracted from milk and pharmaceutical-grade ingredients, such colostrum.
Construction of the plant is expected to be finished by July.
"We are receiving many requests from customers in Asia, especially in China" Clegg said.
NZPA
No comments yet
PEB - Advancing Medicare Coverage Goals; Cost Contained
TRU - TruScreen Completes Oversubscribed Placement
EROAD Continues Transformation, Reports FY26 Results
May 25th Morning Report
EROAD Appoints New Director Progressing Board Renewal
OCA delivered record full year result
BLT - Strong revenue and underlying earnings growth
MFB - Food Bag reports full year profitability up 5.3%
TWR - Tower reports strong HY earnings
IPL - FY26 Annual Results