Silver Fern Farms CEO sees better days ahead
Despite Silver Fern Farms (SFF) posting a $21 million loss last season, chief executive Dan Boulton believes that better days are coming.
The Belfast Hot Temperature Pump will be a heat pump harnessing waste heat from the refrigeration process to heat hot water for other parts of the plant's operation.
It is expected to slash about 8% off the company's total coal consumption by replacing 1,500 tonnes of coal a year and abate 59,000 tonnes of carbon across its lifetime.
About half of the $1.6 million cost is coming from the Energy Efficiency and Conservation Authority (EECA) Government Investment in Decarbonising Industry (GIDI) fund.
Funding has also been secured for similar pumps at SFF's Finegand and Pareora plants.
Jacinda Ardern told VIPs and Belfast plant workers at the launch that some have called the GIDI scheme "corporate welfare" but she considers it a direct partnership that has had "huge" potential.
