PROPRIETARY AMF PRODUCT – LAUNCH AND FIRST ORDER • Keytone...

PROPRIETARY AMF PRODUCT – LAUNCH AND FIRST ORDER
• Keytone launches its first ‘wet product’ – Anhydrous Milk Fat (AMF)
• Launch signals entry into US$2.6 billion global AMF market
• Production is to be outsourced, with Keytone signing a production agreement with Bakels Edible Oils, New Zealand’s leading supplier of edible oils
• Capacity of up to 400 tonnes over 12 months available to Keytone, without a corresponding minimum order obligation
• First order for the AMF product received from international food service supply company Tehmag Foods Corporation, Taiwan
• Launch is representative of the Company’s ‘four-pillar’ growth strategy, expanding across products and geographies and recalibrating production to proprietary products