Singapore dairy deal
PA Wellington The Dairy Board announced yesterday the establishment of a joint-ven-ture company to import, process, and market dairy products in Singapore.
Cold Store Dairies, with total assets of about $3O million, would also house two laboratories for processing, quality controlling
and developing foodstuffs based on New Zealand dairy produce for Asian markets, the board said. The Department of Scientific and Industrial Research would lease space in the 13,500 sq m complex to research and develop food ingredients and consumer products based on New Zealand raw materials. Much of the D.S.I.R.’s work
would be on contract to New Zealand companies. The company was expected to import, process and sell 10,000 tonnes of butter, ghee, milk powders and butterfat blends, and more than 12 million litres of milk, ice-cream and yoghurt each year. Total annual sales were expected to exceed $5O million, the board said.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19850920.2.30
Bibliographic details
Press, 20 September 1985, Page 3
Word Count
147Singapore dairy deal Press, 20 September 1985, Page 3
Using This Item
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Copyright in all Footrot Flats cartoons is owned by Diogenes Designs Ltd. The National Library has been granted permission to digitise these cartoons and make them available online as part of this digitised version of the Press. You can search, browse, and print Footrot Flats cartoons for research and personal study only. Permission must be obtained from Diogenes Designs Ltd for any other use.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.
Log in