Nutritek Launches Milk Processing Plant in New Zealand
OREANDA-NEWS. Nutritek Group, the leading Russian producer of baby food products, announced the completion of New Zealand milk processing plant (New Zealand Dairies Limited) and beginning of its commercial operation.
According to the company's press service, the plant is located in Canterbury district of New Zealand’s southern island, considered to be one of the best raw milk producing areas in the world. The plant’s milk processing capacity is 120 thousand tonnes per year. It will produce 18 thousand tonnes of milk powder per year, as well as grown up milk base and infant formula base to be sold at South-East Asian markets.
In 2007, the Nutritek Group invested US$60 million in debt and equity into the plant’s construction. The commissioning of the plant is part of the Nutritek Group’s strategy of baby food business expansion in South-East Asia.
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