Displaying items by tag: Westland

WESTLAND EXPECTS sales revenue of more than $750 million this season resulting in an operating surplus of $7.60-$8/kgMS before retentions.

WESTLAND MILK has confirmed its 2012-13 operating surplus is $6.34/kgMS, with a retention of 30c, a 7% increase on the initial season opening budget.

Westland has lifted its 2013/14 forecast to $7.60-$8/kgMS before retentions- $1/kgMS more than the company's first forecast in May. The advance rate has also increased to $5/kgMS, payable September 20, 2013.

The Ministry for Primary Industries (MPI) has revoked export certificates for four consignments of lactoferrin manufactured by Westland Milk Products which have nitrate levels that exceed the New Zealand standard.

Westland Milk says its new infant formula range launched in China last week is attracting strong interest from consumers.

Westland Milk finished the season with a 5.3% increase in milk processed on last season, despite the drought on the West Coast.

Westland Milk Products has announced a payout prediction for the 2013-14 season of $6.60 to $7kg/MS, an increase of 60 to 70 cents on the current season.

Westland Milk Products, New Zealand's second largest dairy cooperative, has made a strategic step into the international paediatric nutrition market with the commissioning of a state-of-the-art nutritionals plant at Hokitika.

Westland Milk Products customers are being assured food safety and human health has not been put at risk by the discovery of traces of DCD in some of its own samples this week.

WESTLAND MILK Products has bagged a top R&D award, winning the 'Best use of Research and Development in International Business' award, 2012.