Montec International (MTI)

Shares / Stock Code

MTI

Stock Exchange / Sharemarket

Australian Securities Exchange

Montec International (MTI) was incorporated for the purpose of acquiring the Asia Pacific intellectual property rights for Mono-Premix, currently held by AFI Management Pty Limited (AFI). Mono-Premix is used in the production of Farmers Best liquid milk, which has been processed for ten years under license with one of Australia's dairy processors, Australian Cooperative Foods Limited.

Montec was formed based on research and development since 1987 in developing edible oils to be used in the production of healthy dairy products. The technology (Mono Premix) was developed in 1991 and was successfully launched on the Australian market in 1992 under the "Farmers' Best" brand produced by Dairy Farmers. The company, Montel International listed on the Australian stockmarket (ASX) on 12 November, 2003.

"MTI has acquired the Asia Pacific property rights for Mono-Premix. This is a formula based on producing low cholesterol dairy foods enriched in mono-unsaturated fats without eliminating the taste. For example the Mono-Premix is added to skim milk. This unique formula provides dairy processors the opportunity to establish sustainable competitive advantages and to derive higher margins. "

Farmers' Best achieved outstanding success and acceptance from consumers. It has been 10 years since the Australian Heart Foundation gave Farmers' Best their tick of approval. Competitors would include other milk producing companies in respective countries. The disadvantage to Montec would be transport costs as opposed to domestic companies coupled with cheaper labour in China.

Montec International (MTI) Products and Services

  • Licensing and production of mono-unsaturated dairy premix formula.

Montec International (MTI) Locations and Subsidiaries

Montec International Head Office
Level 9, 20 Hunter Street, SYDNEY,
NSW, AUSTRALIA, 2000
Phone: (02) 9252 1933
Fax: (02) 9252 0188

Montec International (MTI) Share Price

Submitted by ASX Listed Company on 13 May, 2010 - 22:51

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