Canterbury milk processor Synlait is looking to expand into own-branded consumer products after posting a record net profit.

Canterbury milk processor Synlait has reported a record net profit of $38.2 million for year ending July 2017.

Canterbury milk processor Synlait has announced a new supply agreement with New Hope Nutritionals for production of their infant formula brands.

Synlait has cut its forecast farmgate milk price for the 2016-17 season by 10c to $6.15/kgMS.

Canterbury milk processor Synlait has followed Fonterra in announcing an opening milk price of $6.50/kgMS for the new season.

Synlait has appointed Antony Moess as its new general manager manufacturing. He will start in his new role mid-July.

Open Country Dairy (OCD) is the benchmark commodity processor and Tatua the benchmark value-added processor, says TDB Advisory.

Canterbury milk processor Synlait is throwing its support behind new infant formula regulations imposed by Chinese authorities.

Casey Blatch, group financial controller for Canterbury milk processor Synlait Milk is the Young Financial Manager of the Year.

Canterbury milk processor Synlait is expanding its senior leadership team (SLT) to support its vision of becoming the world’s most innovative and trusted dairy company.