Synlait confirms commissioning date of new Pokeno site

Synlait Milk Ltd
1028 Heslerton Road
RD13, Rakaia 7783
Private Bag 806
Ashburton 7740
New Zealand
P +64 3 373 3000
www.synlait.com Page 1 of 2
SYNLAIT MILK LIMITED NZX: SML
ANNOUNCEMENT ASX: SM1
20 JUNE 2018
SYNLAIT CONFIRMS COMMISSIONING
DATE OF NEW POKENO SITE
Synlait (NZX: SML; ASX: SM1) has confirmed its new nutritional manufacturing site
in Pokeno, Waikato, will be commissioned for the 2019 / 2020 season.
The functionality of Synlait’s first nutritional spray dryer at Pokeno has also been
expanded as a result of forecast customer demand.
The nutritional spray dryer will be capable of producing a full suite of nutritional,
formulated powders (including infant-grade skim milk, whole milk and infant
formula base powders) and the capacity has increased to 45,000 metric tonnes (MT)
from an initial 40,000 MT.
The initial capital investment is estimated at $250 million, excluding the land
previously acquired.
Synlait has the capital required to fund this programme through a combination of
cashflow and an increased bank revolver facility.
“Our immediate focus is on establishing the nutritional spray dryer and associated
services, including a wetmix kitchen and warehousing,” says Mr Penno.
“But additional capacity and capabilities may be added in future as Synlait seeks to
develop the site to a similar level as Synlait’s Dunsandel site over time,” he says.
Initially, Synlait Pokeno will produce infant-grade ingredients while regulatory
registration is obta ined for infant formula base powder production.
Milk supply will be sourced from the Waikato region from 1 June 2019 and Synlait
will grow their a2 Milk™ and Lead With Pride™ programmes through new suppliers.

Synlait Milk Ltd
1028 Heslerton Road
RD13, Rakaia 7783
Private Bag 806
Ashburton 7740
New Zealand
P +64 3 373 3000
www.synlait.com Page 2 of 2
“We’ve had a really positive response from dairy farmers looking to supply Synlait,
so we’re confident of securing sufficient milk for the 2019 / 2020 season,” says David
Williams, Synlait’s Milk Supply Manager.
“This was reinforced with our presence at Fieldays at Mystery Creek last week. It
was great to meet a number of passionate dairy farmers who are serious about
doing more with their milk and adding value on farm, which is exactly what we do,”
says Mr Williams.
Anyone interested in supplying Synlait Milk can register their interest by calling
0800 ADD VALUE or visiting www.synlait.com

ENDS
For more information about Synlait, visit www.synlait.com or contact:

Dan Walraven
Communications Manager, Synlait Milk
P: +64 27 836 7532
E: daniel.walraven@synlait.com