featured in this issue - NZIFST - The New Zealand Institute of Food ...

In-Brief
Ingredient Solutions Taranaki
Taranaki dairy farmers are being offered contracts
to supply milk to New Zealand’s first fully integrated
membrane fractionation plant which will produce ‘un-denatured’
proteins for use in premium foods such as sport drinks.
Acting Ingredient Solutions chief executive, Dr Neil Domigan,
said “The outlook for the processing plant is positive due
to strong global demand for proteins such as micellar casein in
their natural state, especially contrasted to the downwards trend
in commodity prices.
“There is a global trend towards premium products and a
letter of intent has been signed by a North Asian corporate to
buy all available product produced at the facility for the first
three years,” Dr Domigan said.
“New Zealand, North Asian, and European corporate investors
have expressed an interest in buying shares in Ingredient
Solutions,” he said. The share offer is conditional on Ingredient
Solutions receiving applications for at least 17.5 million Ingredient
Solutions ordinary shares. The offer comprises 27.5 million
Ingredient Solutions ordinary shares with a face value of $1 per
share. The Directors reserve the right to accept applications for
up to 30 million new shares if the share offer is oversubscribed.
The minimum investment is 500,000 shares.
Eurotec reinforces direction with new look
Eurotec has dropped the word Instruments from the
company name. This reflects what the company has become
over the past 23 years.” states MD, Victor Yukich. “Today our
offering not only includes the supply of high quality European
branded instruments for the heating, ventilation and airconditioning
(HVAC) and refrigeration sectors but has grown
to include the electrical, food process and industrial markets
as well a full range of post installation/purchase care and
calibration services.”
Sales & Marketing Director, Chris Farmer, who has been
with the company since Jan 1990 adds, “ We needed to communicate
our positioning and the products and services we
offer more clearly. The new look Eurotec logo and positioning
- People . Technology . Solutions - fits us more closely.
This reflects our key assets - our people (sales) who all come
from appropriate technical backgrounds, the technology of
our suppliers worldwide, and the solutions that this combination
lets us provide to our customers. We now have 28 staff,
of which 21 are in technical sales, who can advise clients of
the best fit solutions to future proof their organisations”.
The company’s head office is still located in Penrose,
Auckland with branches in Wellington and Christchurch. The
new look website - www.eurotec.co.nz - lists the full range
of products and services the company has to offer.
Food New Zealand