Midfield Group, Louis Dreyfus Dairy form JV, develop new dairy processing plant
When completed, the new plant will process 220 million liters of raw milk a year.
Midfield Group, Australia, and Louis Dreyfus Co. (LDC) Dairy Asia Pte Ltd., a Netherlands-based wholly owned subsidiary of Louis Dreyfus Co. Asia, entered into a joint venture for the construction, development and management of a dairy processing plant and related commercial activities.
The new plant, currently under construction in Penola, South Australia, is expected to start operations in July 2017. When completed, it will have an annual processing capacity of 220 million liters of raw milk, producing dairy powders and fats for the domestic and international markets.