SeaDragon signs deal

Last updated 12:37 30/05/2014

Relevant offers

Industries

H&M opening expected to attract line of 1000 shoppers Five NZ Post buildings go under the hammer Is there a chance New Zealand's power grid could shut down? Kubb Brothers sets knocked off by Chinese manufacturer Prices rise as GST goes on digital imports Wellington industrial properties up for sale drop, investors slow to buy Auckland-based institution buys Wellington's Karori Mall for $22 million NZ one of world's most competitive economies: World Economic Forum Retailers leave as uncertainty reigns about Otaki's retail future Tech hubs the next real estate 'disruptor': JLL

Nelson-based SeaDragon, Australasia's largest refiner and blender of fish oils, has announced a new squalene sales agreement that it says will underpin its financial performance into 2016.

Following on from its March announcement of a new raw material supply contract for its existing plant at Annesbrook, SeaDragon has signed a sales contract to take the refined squalene to customers throughout Australasia.

Chief executive Ross Keeley said the confidential contract covered finished product "using a significant amount of the raw material obtained from the supply agreement".

He said they were now very well positioned for the current financial year and beyond, and were looking forward to 2015 with the completion of the new oil refinery plant.

Ad Feedback

- Nelson

Special offers

Featured Promotions

Sponsored Content