Go Back Email this Link to a friend


Omnia Announces Joint Venture In New Zealand

Release Date: 03/11/2003 09:00:01      Code(s): OMN
Omnia Announces Joint Venture In New Zealand                                    
OMNIA HOLDINGS LIMITED                                                          
(Incorporated in the Republic of South Africa)                                  
(Registration number: 1967/003680/06)                                           
Share Code: OMN                                                                 
ISIN : ZAE000005153                                                             
("Omnia" or the "Company")                                                      
Press Release                                                                   
Johannesburg, 3 November 2003                                                   
OMNIA ANNOUNCES JOINT VENTURE IN NEW ZEALAND                                    
Omnia, the specialised chemical services company, today announced that it has   
entered into a joint venture agreement with Ravensdown Fertilizer Cooperative   
(Ravensdown) for the development, production and distribution of speciality     
products in New Zealand.                                                        
"This demonstrates our commitment to the significant and growing New Zealand    
agricultural market and enhances our offer to our global customer base. The     
existing access to Ravensdown"s large customer base, together with our          
technology and experience, will significantly strengthen our positioning in the 
global Speciality markets," said Omnia MD, Rod Humphris.                        
Ravensdown celebrates its 25th anniversary this year and is the largest producer
and distributor of fertilizers to the New Zealand market, which is approximately
the same size as the South African market.                                      
The new company will trade under the name NutriSolv and will start operating in 
the first quarter of 2004. It will initially concentrate on foliar and animal   
nutrition products and will evolve to include other speciality services and     
products currently offered by Omnia.                                            
Date: 03/11/2003 09:00:03 AM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                                             
                                                                                
                                                                                
                                                                                



                                        
Email this JSE Sens Item to a Friend.

Send e-mail to
© 2017 SHARENET (PTY) Ltd, Cape Town, South Africa
Home     Terms & conditions    Privacy Policy
    Security Notice    Contact Details
Market Statistics are calculated by Sharenet and are therefore not the official JSE Market Statistics. The calculation/derivation may include underlying JSE data.