Synlait will invest $250 million to develop Pokeno site’s first spray dryer

Synlait will invest $250 million to develop Pokeno site’s first spray dryer
Margreet Dietz
By Margreet Dietz June 20 (BusinessDesk) - Synlait Milk will develop its second nutritional powder manufacturing factory for an estimated initial capital investment of $250 million at its new Pokeno site in Waikato, which will be commissioned for the 2019/20 season as it aims to keep up with growing demand for infant formula product. “Forecast customer demand” prompted Synlait to boost the capacity for its first nutritional spray dryer at Pokeno to 45,000 metric tonnes, up from its initial plan for 40,000 tonnes, the company said in a sta...