SeaDragon signs deal

Last updated 12:37 30/05/2014

Relevant offers

Industries

Huge stretch of Manawatu Business Park up for sale Auckland port challenge heads to Appeal Court Auckland Council rejects Helensville housing developments Woolston gelatine factory Gelita gets two more years to discharge offensive odours Historic St Christopher's third Wellington church sold Fortune 500 bank's Kiwi ambitions Record 77,000 international travellers pass through Wellington airport Former New Zealand Wine Company and Blues CEO Peter Scutts in High Court Heartland revival: Stratford business on a roll Man's severed finger reattached

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