JATENERGY secures supply chain, buys infant formula manufacturer

China export specialist JATENERGY (ASX: JAT) has secured its Australian supply chain by buying 70 per cent of its supplier of infant formula. The exporter of Australian consumer products had paid $14 million in cash and shares to buy control of Melbourne-based Australian Natural Milk Association. The purchase comes with infant formula slots allowing imports…

Calix lines up distributor for novel agricultural chemical

Chemical technology company Calix (ASX: CXL) has signed up one of Europe’s largest suppliers of sulphur-based fertilisers as exclusive distributor for its magnesium hydroxiide. The company’s BOOSTER-Mag bioactiive magnesium hydroxide for agriculture will be distributed in Europe, Africa and the Middle East by Spanish fertiliser manufacturer, Afepasa. The 10-year agreement is subject to performance hurdles…