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GEA Group Aktiengesellschaft: GEA to build Fonterra's next mega dairy powder plant
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GEA Group Aktiengesellschaft: GEA to build Fonterra's next mega dairy
powder plant
30.09.2014 / 11:45
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GEA to build Fonterra's next mega dairy powder plant
Düsseldorf, September 30, 2014 - GEA will build Fonterra's next large milk
powder plant in Lichfield, New Zealand. With an output capacity of 30
tonnes per hour, this plant will match the size of the world's biggest
existing dairy plant which GEA built for Fonterra at Darfield, New Zealand
in 2013. GEA's scope of supply has a value of around EUR 90 m.
Less than a year after commissioning the world's largest dairy powder
plant, dairy giant Fonterra again announced ambitious investment plans to
meet continued growth of dairy consumption in China and other export
destinations. Among these, GEA was mandated to build a large dairy powder
plant at Lichfield, in the heart of New Zealands dairy land.
"We are honored that Fonterra again chose us as their process technology
provider," said Juerg Oleas, CEO of GEA Group. "When you face a technical
challenge of this magnitude, experience of course helps. We have proven
before that we can do this successfully. It is inspiring for us to partner
with industry leaders such as Fonterra whose ambitious visions help set new
technical standards."
Upon completion, the Lichfield plant shall process 4.4 million litres of
raw milk into 700 tonnes of milk powder per day, entirely intended for
export into the fast growing markets in China, South East Asia and the
Middle East. Demand for milk powder has been rising in these markets for
some time and is expected to continue to grow there.
About Fonterra
The New Zealand dairy co-operative Fonterra is a worldwide leader in
processing milk into powder, producing more than two million tons annually
of value added and specialty dairy ingredients, as well as own consumer
dairy products. The company holds about 40% market share of all
internationally traded milk powder. At present, the company processes more
than 90% of all milk produced in New Zealand.
About GEA Group
GEA Group Aktiengesellschaft is one of the largest suppliers of equipment
for the food industry as well as a wide range of other process industries.
As an international technology group, the Company focuses on process
technology and components for sophisticated production processes. In 2013,
GEA generated consolidated revenues in excess of EUR 4.3 billion, more than
70 percent of which came from the food sector, which is a long-term growth
industry. The group employed about 18,000 people worldwide as of June 30,
2014. GEA Group is a market and technology leader in its business areas. It
is listed in Germany's MDAX stock index (G1A, WKN 660 200) and the STOXX(R)
Europe 600 Index. Further information is available on the Internet at:
www.gea.com.
To unsubscribe from GEA Group Aktiengesellschaft's news distribution list,
please send an e-mail to pr@gea.com.
Contact:
GEA Group Aktiengesellschaft
Phone +49 (0)211 9136 1492
Fax +49 (0)211 9136 31087
www.gea.com
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30.09.2014 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------
Language: English
Company: GEA Group Aktiengesellschaft
Peter-Müller-Straße 12
40468 Düsseldorf
Germany
Phone: +49 (0)211 9136-0
Fax: +49 (0)211 9136-31087
E-mail: ir@gea.com
Internet: www.gea.com
ISIN: DE0006602006
WKN: 660200
Indices: MDAX
Listed: Regulierter Markt in Berlin, Düsseldorf, Frankfurt (Prime
Standard), Hamburg, München; Freiverkehr in Hannover,
Stuttgart
End of News DGAP News-Service
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289427 30.09.2014
GEA to build Fonterra's next mega dairy powder plant
Düsseldorf, September 30, 2014 - GEA will build Fonterra's next large milk
powder plant in Lichfield, New Zealand. With an output capacity of 30
tonnes per hour, this plant will match the size of the world's biggest
existing dairy plant which GEA built for Fonterra at Darfield, New Zealand
in 2013. GEA's scope of supply has a value of around EUR 90 m.
Less than a year after commissioning the world's largest dairy powder
plant, dairy giant Fonterra again announced ambitious investment plans to
meet continued growth of dairy consumption in China and other export
destinations. Among these, GEA was mandated to build a large dairy powder
plant at Lichfield, in the heart of New Zealands dairy land.
"We are honored that Fonterra again chose us as their process technology
provider," said Juerg Oleas, CEO of GEA Group. "When you face a technical
challenge of this magnitude, experience of course helps. We have proven
before that we can do this successfully. It is inspiring for us to partner
with industry leaders such as Fonterra whose ambitious visions help set new
technical standards."
Upon completion, the Lichfield plant shall process 4.4 million litres of
raw milk into 700 tonnes of milk powder per day, entirely intended for
export into the fast growing markets in China, South East Asia and the
Middle East. Demand for milk powder has been rising in these markets for
some time and is expected to continue to grow there.
About Fonterra
The New Zealand dairy co-operative Fonterra is a worldwide leader in
processing milk into powder, producing more than two million tons annually
of value added and specialty dairy ingredients, as well as own consumer
dairy products. The company holds about 40% market share of all
internationally traded milk powder. At present, the company processes more
than 90% of all milk produced in New Zealand.
About GEA Group
GEA Group Aktiengesellschaft is one of the largest suppliers of equipment
for the food industry as well as a wide range of other process industries.
As an international technology group, the Company focuses on process
technology and components for sophisticated production processes. In 2013,
GEA generated consolidated revenues in excess of EUR 4.3 billion, more than
70 percent of which came from the food sector, which is a long-term growth
industry. The group employed about 18,000 people worldwide as of June 30,
2014. GEA Group is a market and technology leader in its business areas. It
is listed in Germany's MDAX stock index (G1A, WKN 660 200) and the STOXX(R)
Europe 600 Index. Further information is available on the Internet at:
www.gea.com.
To unsubscribe from GEA Group Aktiengesellschaft's news distribution list,
please send an e-mail to pr@gea.com.
Contact:
GEA Group Aktiengesellschaft
Phone +49 (0)211 9136 1492
Fax +49 (0)211 9136 31087
www.gea.com
---------------------------------------------------------------------
30.09.2014 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------
Language: English
Company: GEA Group Aktiengesellschaft
Peter-Müller-Straße 12
40468 Düsseldorf
Germany
Phone: +49 (0)211 9136-0
Fax: +49 (0)211 9136-31087
E-mail: ir@gea.com
Internet: www.gea.com
ISIN: DE0006602006
WKN: 660200
Indices: MDAX
Listed: Regulierter Markt in Berlin, Düsseldorf, Frankfurt (Prime
Standard), Hamburg, München; Freiverkehr in Hannover,
Stuttgart
End of News DGAP News-Service
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289427 30.09.2014
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