Keytone seeing strong Walmart sales in China

By Jim Cornall contact

- Last updated on GMT

The products will continue to be manufactured in Keytone’s New Zealand facilities. Pic: Keytone
The products will continue to be manufactured in Keytone’s New Zealand facilities. Pic: Keytone

Related tags: Walmart, China, Dairy, Skimmed milk powder, Skim milk powder, whole milk

Keytone Dairy Corporation Limited said it has recorded significantly higher sales from Walmart (China) Investment Co., Ltd for the manufacture of whole and skim milk powder for Sam’s Club West, Inc. (China) in 2021, with further substantial purchase orders received.

Keytone said it has seen NZ$3.3m (US$2.36m) sales and forward orders recorded for the five months to May 2021, approximately three times more than the prior corresponding period in 2020; and the receipt of a further confirmed purchase order of NZ$1.4m (US$1m), in addition to the NZ$3.3m, for Sam’s Club China product to be delivered through the third quarter of calendar year 2021.

The products will continue to be manufactured in Keytone’s New Zealand facilities.

Keytone’s CEO Danny Rotman said, “Our international track record, strategic partnerships and growth in powdered dairy continues, underpinned by our fully licensed and accredited facilities in New Zealand.

“The strong growth is testament to the efficiency and quality of our facilities and team in New Zealand. We are continually seeking new business opportunities with our existing clients, forging new relationships with others and will update the market with new material contract wins and forward orders as they come to hand.”

Related topics: Markets, Nutritionals, Emerging Markets

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