Australia-based infant-formula company Jatenergy has entered into a five-year manufacturing and supply agreement with a new customer, Beta A2 Australia.

In a statement to the Australian Securities Exchange (ASX), on which it is listed, Jatenergy said the agreement requires it to manufacture and supply Beta with Beta’s milk-formula products – branded Farmers Beta A2 – from its Australian National Milk Association (ANMA) production facility.

An initial order for the first four months, with the first delivery slated for February 2020, has been received. It is worth more than AUD1.8m (US$1.2m).

Beta has provided a forecast for the following eight months, starting June 2020, which amounts to orders of more than AUD4.9m.

Jatenergy CEO Wilton Yao said: “We are delighted that Beta has chosen us to manufacture their premium product. The contract shows that our new ANMA factory is performing as a quality dairy manufacturer to produce premium quality infant formula. 

“We look forward to continuing to expand the manufacturing volumes once our new equipment is installed in February 2020.”

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Jatenergy has positioned itself as a player in the Australian consumer goods export industry with a particular focus on China.

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now