SML 5.38% 44.0¢ synlait milk limited (ns) ordinary shares

Ann: GENERAL: SML: Synlait Milk Infant Formula Pr

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    • Release Date: 05/08/13 10:30
    • Summary: GENERAL: SML: Synlait Milk Infant Formula Products Safe
    • Price Sensitive: No
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    SML
    05/08/2013 08:30
    GENERAL
    
    REL: 0830 HRS Synlait Milk Limited (NS)
    
    GENERAL: SML: Synlait Milk Infant Formula Products Safe
    
    Synlait Milk has reassured its customers that all products it has
    manufactured are safe.
    
    This follows the announcement by the Ministry of Primary Industries (MPI)
    that it is working with Fonterra on a food safety issue with a range of
    products manufactured from whey protein concentrate.
    
    Synlait Milk has not used  any of the  whey protein concentrate WPC80
    recalled by Fonterra  in the manufacture of its nutritional powder products
    such as infant formula.
    
    Synlait Milk Managing Director John Penno says food safety and product
    quality is of paramount importance to the Company and it supports the
    precautionary approach being taken by MPI and the wider industry.
    
    "We expect that this incident will result in some short term disruption to
    trade and some additional testing requirements for some markets, but we do
    not expect this event to impact the growth of our infant formula business
    beyond the immediate disruptions."
    End CA:00239269 For:SML    Type:GENERAL    Time:2013-08-05 08:30:07
    				
 
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