Takeover bid?
OPINION: Canterbury milk processor Synlait is showing no sign of bouncing back from its financial doldrums.
THE GOVERNMENT needs to show some initiative and help our baby formula producers who face having their products parked up on Chinese wharves, Labour's Primary Industry spokesperson Damien O'Connor says.
SYNLAIT SAYS it expects Synlait Milk to receive registration by the Certification and Accreditation Administration of the People's Republic of China (CNCA) as an exporter of finished infant formula into China.
WHILE IT IS good news the inquiry into the whey protein incident concludes there was no failure with New Zealand's dairy regulatory system it confirms what we already knew, says Michael Barnett, chairman of the NZ Infant Formula Exporters Association.
SMALL AND medium-size infant formula makers are each losing up to $2 million a week in China as consumer confidence erodes following the false Fonterra botulism scare.
Westland Milk says its new infant formula range launched in China last week is attracting strong interest from consumers.
OPINION: Canterbury milk processor Synlait is showing no sign of bouncing back from its financial doldrums.
OPINION: It seems every bugger in this country can get an award these days.