date:Aug 10, 2012
ld be used to double the firms UHT milk capacity and boost the firms butter and cheese output.
Through its investment, Murray Goulburn hopes to tap into thestrongly growing retail and food service markets in Asia and the Middle East.
Asia, Middle East demand
According to Helou, liquid milk consumption in Asia and the Middle East is growing at between 5% and 10% per annum.
We have identified strong growth opportunities for UHT dairy products in Australia, Asia and the Middle East and we need