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NZ withdraws certification for Westland Milk product shipped to China after nitrates found

NZ withdraws certification for Westland Milk product shipped to China after nitrates found

Aug. 19 (BusinessDesk) – New Zealand’s Ministry for Primary Industries has revoked export certificates for four consignments of lactoferrin made by Westland Milk Products after unacceptable levels of nitrates were found in two batches. One batch was exported directly to China a...

19 Aug 2013
NZ producer input, output prices rise in 2Q, led by dairy

NZ producer input, output prices rise in 2Q, led by dairy

Aug. 19 (BusinessDesk) – New Zealand producer input and output prices both rose in the second quarter, led by dairy products after Fonterra Cooperative Group lifted its forecast farmgate payout to farmers and prices rose for exports of milk powder, cheese and butter. The input...

18 Aug 2013
Z Energy jumps 6.6 percent on NZX debut, valuing company at $1.49 bln

Z Energy jumps 6.6 percent on NZX debut, valuing company at $1.49 bln

Aug. 19 (BusinessDesk) - Shares in Z Energy jumped 6.6 percent to near the top of its indicative price range in its NZX debut today, valuing the service station chain at $1.49 billion. The stock first traded at $3.73, up from its $3.50 initial public offering price, and recent...

18 Aug 2013