Synlait Milk gets Chinese infant formula accreditation

Synlait Milk gets Chinese infant formula accreditation
By Paul McBeth Sept. 30 (BusinessDesk) - Synlait Milk, which plans to take a quarter-stake in Sichuan New Hope Nutritional Foods Co to gain a direct interest in a Chinese infant formula brand, has been granted accreditation to manufacture retail-ready infant formula for export into China. The Rakaia-based milk processor has been notified of its approval by the Certification and Accreditation Administration of the People's Republic of China, it said in a statement. The approval comes after it missed out on the first round in May, when Chin...