Milk processor Synlait will stop processing milk at its Pokeno plant south of Auckland and says the site has a “pathway to profitability” in producing soy-based products. In a statement to the NZX, Synlait said it had completed a strategic review of its North Island assets, comprising the Pokeno.
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Synlait to halt milk processing at Pokeno
Strategic review confirms North Island site too costly for dairy and will concentrate on plant-based production.