SUBSCRIBE

Breaking News on Supplements, Health & Nutrition - Europe US edition | APAC edition

News > Suppliers

Read more breaking news

 

 
News in brief

Devondale Murray Goulburn unveils AU$19m infant formula powder investment

By Mark Astley+

26-May-2014

Devondale Murray Goulburn unveils AU$19m infant formula investment

Devondale Murray Goulburn, Australia’s largest dairy cooperative, hopes to meet increasing global demand for infant and follow-on formula with a AU$19m (US$17.5m, €12.9m) expansion of its Koroit plant.

Part of a larger AU$127m (US$117m, €86m) investment announced last month, the expansion will increase capacity at its Koroit plant, which currently produces around AU$600m (US$554m, €406m) of dairy products, including powders for infant formula.

“Among the products that are driving demand are nutritional milk powders, particularly baby and follow-on formula for toddlers,” said Murray Goulburn managing director, Gary Helou.

“Global demand for infant formula is expected to increase by more than 4% in 2017. Follow-on formula is expected to grow by more than 6% and growing-up milk powder will exceed 7% growth.”

“This investment supports Devondale Murray Goulburn’s journey to become the first choice dairy foods supplier to customers and consumers in Australia and overseas, and represents an important step towards delivering on our commitment to significantly increase underlying farm gate returns for MG suppliers," he added.

Work to expand the facility, which will involve the extension of existing lines, is already underway.

Murray Goulburn expects the expanded line to be fully operational by May 2015.

Live Supplier Webinars

Polyphenols tipped to become the way to innovate in Sports Nutrition
Fytexia
Orally bioavailable standardized botanical derivatives in sport nutrition: special focus on recovery in post-intense physical activities
Indena
Collagen in motion: move freely and keep your injuries in check
Leading manufacturer of gelatine and collagen peptides
Life’s too short for slow proteins. Whey proteins hydrolysates: Fast delivery for enhanced performance
Arla Foods Ingredients
What it Takes to Compete and Win in Today’s Sports Nutrition Market
Capsugel
Sports Nutrition Snapshot: Key regional drivers and delivery format innovations
William Reed Business Media
Gutsy performance: How can microbiome modulation help athletes and weekend warriors
William Reed Business Media
Pushing the boundaries: Where’s the line between ‘cutting edge nutrition’ and doping
William Reed Business Media
Alpha & Omega in Sports Nutrition – Using Omega 3’s and A-GPC to improve performance and recovery.
KD Pharma

On demand Supplier Webinars

High-amylose maize starch may reduce the risk of type 2 diabetes: what does this qualified health claim mean?
Ingredion
Balancing Innovation and Risk in Sports Nutrition Ingredients
NSF-International
Explaining bio-hacking: is there a marketing opportunity for food companies?
William Reed Business Media
Personalized Nutrition – how an industry can take part in shaping the future of Nutrition
BASF Nutrition & Health
Find out Nutritional and ingredient lifecycle solutions and strategies!
Roquette
Is the time rIpe for I-nutrition?
William Reed Business Media
The Advantage of Outsourcing Fermentation-based Manufacturing Processes
Evonik Health Care
All supplier webinars