FSF fonterra shareholders' fund units

Ann: GENERAL: FSF: WORLD'S LARGEST DRIER KICK

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    • Release Date: 02/09/13 14:11
    • Summary: GENERAL: FSF: WORLD'S LARGEST DRIER KICKS INTO GEAR AT DARFIELD
    • Price Sensitive: No
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    FSF
    02/09/2013 12:11
    GENERAL
    
    REL: 1211 HRS Fonterra Shareholders' Fund (NS)
    
    GENERAL: FSF: WORLD'S LARGEST DRIER KICKS INTO GEAR AT DARFIELD
    
    The world's largest milk powder drier at Fonterra's Darfield site kicked into
    gear last week producing its first batches of whole milk powder which will be
    exported to more than 20 markets worldwide including the Middle East, China
    and Southeast Asia.
    
    Fonterra's Director Logistics Network, Robert Spurway, said at the peak of
    the season, the drier will run 24 hours a day, seven days a week. It will
    produce more than 700 metric tonnes - the equivalent of 45 shipping
    containers - each day.
    
    "The demand for dairy nutrition around the world, especially for whole milk
    powder, is still strong.  Drier Two will ensure that Fonterra has the
    capacity to meet this demand and to process ongoing milk growth in
    Canterbury, the fastest growing dairy region in New Zealand.
    
    "The new drier will help the Co-operative meet the growing demand for dairy
    nutrition globally and will play an important role in Fonterra's strategy to
    optimise its New Zealand milk business.
    
    "With Drier Two now online at Darfield we are taking fresh milk, from farms
    within a 65 kilometre radius from the site, and have successfully completed
    our first production run of whole milk powder."
    
    The drier's first production run marked the completion of Fonterra's $500
    million dollar development of its Darfield site over the past three years.
    
    "Seeing the second drier up and running after Drier One's successful first
    season of operation is testament to the Co-op's manufacturing capabilities,"
    Mr Spurway said.
    
    Darfield key facts
    o Darfield's Drier Two is the world's largest milk powder drier.
    o The drier has the capacity to produce up to 30 metric tonnes of whole
    milk powder per hour, and 700 metric tonnes per day.
    o Drier Two produced 100 metric tonnes of whole milk powder during its
    first production run.
    o More than 1500 staff and contractors worked more than 700,000 man
    hours to deliver this world class milk processing facility.
    o Fresh milk is collected from Fonterra's farmer shareholders', within
    a 65km radius, delivered by tanker to Darfield, then processed into whole
    milk powder and packed into 25kg bags. These bags are then packed onto
    pallets, loaded into containers and delivered to port via the Darfield Rail
    Link for export to more 20 markets worldwide.
    End CA:00240537 For:FSF    Type:GENERAL    Time:2013-09-02 12:11:16
    				
 
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