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Brazilian dairy processor to invest in Uruguay

SAN JOSE: Brazil’s fourth largest dairy processor Bom Gosto will invest up to US$30 million in building a plant in Urguay to produce milk powder and butter.

The plant is expected to receive 600,000 litres of fresh milk per day for the production of 63 tons of powder milk and 1.050 kilos of butter, Uruguay based website MercoPress.com reported.

The investment will be partly financed by BNDES, the national development bank of Brazil.

“We plan to begin construction next May/June, and should be finished in 18 months time,” MercoPress.com reported Bom Gosto CEO Wilson Zanatta Laticinios as saying.

Successive phases for the plant will incorporate cheese and UHT milk manufacturing.

Source: MercoPress.com

For more information contact:

Jose Prunello

Director South America

Email: jose.prunello@nzte.govt.nz

8 February 2010

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