Category Specific RSS

Synlait Milk (ASX: SM1)

Synlait Milk Ltd. engages in the manufacture and sale of milk powder and milk powder related products. The company is headquartered in Ashburton, Canterbury and currently employs 800 full-time employees. The firm is engaged in manufacturing of nutritional solutions, value added products and specialty ingredients. The company manufactures and sells milk powder and milk powder-related products. The company manufactures specialized milk powders for infant formula manufacture and base pediatric powders for blending into finished infant formula, and finished infant formula products. Its products include infant and adult nutritional formulations, functional food ingredients and specialized products. The infant nutritional powder is a nutritional product. The ingredient products include whole milk powder, skim milk powder and anhydrous milk fat. The specialty product is synlait lactoferrin. The firm has 140,000 metric tons of annual production capacity and packages upto 30,000 metric tons of canned infant formula. The company exports its products around the world to Asia, Middle East and Africa and other regions. Its subsidiary is Synlait Milk Finance Limited.

Here are the latest articles on Synlait Milk (ASX: SM1)

Synlait receives permit renewal to supply baby formula to the Chinese market

China has emerged as a hotspot for baby formula export from Australia and New Zealand. Imported baby formula holds a significant 56% share of the total market, making it one of the leading export commodities from both countries. These imported formulas will be valued at an estimated US$32 billion by 2023, according to Euromonitor, driven