Displaying items by tag: Synlait

OPINION: After years of financial turmoil, Canterbury milk processor Synlait is now back in business.

A marked turnaround in the financial performance of Canterbury milk company Synlait has halted a threatening exodus of farmer suppliers.

Former Westland Milk boss Richard Wyeth is taking over as chief executive of Canterbury milk processor Synlait from May 19.

OPINION: Is Canterbury milk processor Synlait back in business?

Canterbury milk processor Synlait is confident of retaining its farmer supplier base following a turnaround in its financial performance.

Canterbury milk processor Synlait Milk has lifted its forecast base milk price for the season by 50c to $10/kgMS.

The a2 Milk Company (a2MC) says securing more China label registrations and developing its own nutritional manufacturing capability are high on its agenda.

OPINION: The abrupt departure of Synlait chief executive Grant Watson could be a sign that Chinese company Bright Dairy, the new majority owner of the listed company, is taking charge.

Former Synlait chief executive Grant Watson says the past two years have been quite the journey.

Canterbury milk processor Synlait says some farmer suppliers have been inquiring about the process to remove their cessation notices, handed in earlier this year.