Displaying items by tag: Synlait

Synlait's majority shareholder Bright Dairy of China has thrown its support behind the Canterbury milk processor as it recovers from several years of poor run.

The search for a new chair for troubled Canterbury milk processor Synlait is progressing, says acting chair Paul McGilvary.

Listed milk processor Synlait Milk has lifted its 2023-24 forecast milk price by 25c to $7.25/ kgMS.

Canterbury processor Synlait is eyeing a slice of China's lucrative cream market.

A former farming leader believes that farmers should be wary that milk processors don't take over management of dairy farms under the guise of scope 3 emissions target.

Former Tatua chief executive Paul McGilvary has been appointed acting chair of troubled milk processor Synlait. McGilvary’s appointment follows the sudden resignation of chair Simon Robertson last week.

OPINION: Could Canterbury milk processor Synlait be a prime candidate for a takeover bid?

Despite being in financial doldrums, Synlait has created a five-year foodservice strategy that will target the Chinese market.

Listed Canterbury milk processor Synlait isn't ruling out more painful news for its shareholders this financial year.

Troubled milk processor Synlait has been dealt another blow with cornerstone stakeholder a2 Milk Company (a2MC) giving notice to pull the plug on an exclusive manufacturing deal.