FCG fonterra co-operative group limited (ns)

Ann: GENERAL: FCG: FONTERRA CONFIRMS SECOND DRIER

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    • Release Date: 13/03/12 19:00
    • Summary: GENERAL: FCG: FONTERRA CONFIRMS SECOND DRIER AT DARFIELD
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    FCG
    13/03/2012 17:00
    GENERAL
    
    REL: 1700 HRS Fonterra Co-operative Group Limited
    
    GENERAL: FCG: FONTERRA CONFIRMS SECOND DRIER AT DARFIELD
    
    Fonterra's first new processing site in 14 years is on track for taking milk
    at Darfield from August. At the same time, already underway are plans for a
    second drier at the Canterbury site.
    
    Work on the new $300 million development will begin in the next few months
    and is due to be complete for the 2013 season.
    
    Fonterra Trade and Operations Manager Gary Romano said the second drier will
    have double the processing capacity of the first and enable the Canterbury
    site to process an additional 4.4 million litres of the region's milk per day
     - on top of the 2.2 million the first drier will do.
    
    "Our Darfield site has always been about future proofing Fonterra's
    operations for milk production growth in the South Island. Since we first
    announced plans for Darfield in 2009 we've seen even more increases in the
    regions than anticipated," he said.
    
    "At this rate the first drier will be full within a few years so we need to
    act now to help meet the existing demand and further growth.
    
    "The milk is already there so we need to collect it, and the location of
    Darfield means our tankers don't have to travel as far for collections."
    
    Another 60 new jobs will be created as a result, adding to the team of 100.
    
    The Darfield site will supply milk powder to markets such as the Middle East,
    South East Asia and China.
    
    "This is an important development for the region and an integral part of
    Canterbury's rebuild," said Mr Romano.
    End CA:00220653 For:FCG    Type:GENERAL    Time:2012-03-13 17:00:29
    				
 
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