Top nutritionals exporter seeks growth capital
New Zealand manufacturer of nutritional and wellness products, NIG Nutritionals (NIGN), is seeking capital to help it meet strong demand from China and wider Asian markets.
A South Auckland milk processor is taking part in a world-first project that delivers clean water from the processing of milk and milk products.
NIG Nutritionals has been working with clean technology company Hydroxsys during the past 12 months to deliver the technology. Since January this year, NIG has been trialling Hydroxsys equipment at its facility at Paerata, south of Auckland.
Hydroxsys chief executive Mark Hartstone says the company has developed proprietary "world first" filtration technology that challenges current clean in place (CIP) and waste treatment systems, not only in dairy, but also wider food and beverage manufacturing and industries like wastewater and mining sectors.
For now, he says, Hydroxsys is focusing on food and beverage (including dairy) manufacturing. Water is a key resource in the manufacturing of all food products and specifically milk products.
The plant at NIG Nutritionals will be complete in about four months and will also be used to demonstrate Hydroxsys' technology to potential customers.
NIG Nutritionals chief executive Chris Macbeth says liquid milk processing activities generate liquid waste products that need to be treated prior to discharge under consent from Auckland Council and WaterCare.
“NIG Nutritionals values and ethos are built around nurturing our customers with the best in nutritional solutions,” Chris Macbeth says. “This extends to our environment as we believe that what we put into the environment is what we will receive from it in the future.
“With this in mind, we wanted to find new ways of reducing our environmental impact and improving our contribution to environmental sustainability.”
By introducing the Hydroxsys system, NIG Nutritionals substantially improves the quality and cleanliness of its wastewater discharge.
“We can effectively reduce our ‘waste’ and return up to 90% of the wastewater volume back to our system as a source of clean water,” Macbeth says.
“Further work will be required to provide assurances that this clean water is able to be recycled back into our manufacturing plants or returned to the environment to replace the water that we take from the aquifer. However, we are very confident, based on the results we have gathered over many months of trials, that we can deliver clean water from our manufacturing processes.”
Reeling from two consecutive years of heavy losses, Alliance says it has appointed Craigs Investment Partners to explore external capital-raising options.
Meat company Alliance has posted a second consecutive trading year of a heavy loss.
Red meat farmers are warning that wholesale conversion of farms into forestry to achieve climate change targets will be unsustainable for the country.
Silver Fern Farms chief executive Dan Boulton says his recent visit to China has left him feeling optimistic about the situation there for the meat industry.
Fonterra leaders are making their case for offloading the co-operative's $3 billion consumer business, noting that its return on capital has been nowhere near respectable.
The horticulture sector is a big winner from recent free trade deals sealed with the Gulf states, says Associate Agriculture Minister Nicola Grigg.
OPINION: Fonterra may have sold its dairy farms in China but the appetite for collaboration with the country remains strong.
OPINION: The Listener's latest piece on winter grazing among Southland dairy farmers leaves much to be desired.