date:Feb 28, 2013
New Zealand-based diary co-operative Fonterra is set to invest $100m in establishing a new ultra-high temperature (UHT) milk processing plant at its Waitoa site in Waikato.
The move is expected to allow the co-operative to meet growing demand for UHT products in Asia.
Fonterra chief executive officer Theo Spierings said that the new plant will increase the company's UHT milk production to 100% in the next few years.
The plant will include five new UHT lines that will produce a range of produc