Plant-based bubble bursts
OPINION: Talking about plant-based food: “Chicken-free chicken” start-up Sunfed has had its valuation slashed to zero by major investor Blackbird…
Not all milk processors in New Zealand are struggling; just look at Westland Milk Products on the West Coast.
Troubled milk processor Synlait Milk won’t find it easy to offload under-utilised South Island assets.
A poor half-year financial result is forcing listed Canterbury milk processor Synlait to carry out “a strategic review” of its North Island assets, including its new plant at Pokeno and blending and canning facility in Auckland.
Listed milk processor Synlait is partnering with rural retailer Farmlands to deliver exclusive discounts to farmer suppliers, who have been battling high farm input costs for the past two years.
One of the world’s largest dairy companies, Nestle is teaming up with Synlait and its 300 farmer suppliers to help fund innovative on-farm emissions reduction tools.
Synlait Milk's financial woes are mounting with farmer suppliers expressing concern about the state of the Canterbury milk processor.
OPINION: If you are an investor in listed Canterbury milk processor, Synlait then you may have a reason to be worried.
OPINION: Talking about plant-based food: “Chicken-free chicken” start-up Sunfed has had its valuation slashed to zero by major investor Blackbird…
OPINION: Synlait's financial woes won’t be going away anytime soon.