Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Organic Company To Start Trading On NZSE

First Wholly Organic Company To Start Trading On Main Board Of NZSE

NEWS RELEASE 21st September 2001

*CERTIFIED ORGANICS TO START TRADING ON MONDAY*

Certified Organics Limited, the first totally organic company on the main board of the New Zealand Stock Exchange starts trading on Monday.

Certified Organics (NZSE code: CER) was formerly shell company AQL Holdings Limited. Last week it completed the acquisition of the private company Organic Interceptor Limited, and now with a new board and new management, has completed its plans for a change of direction. The new Board is headed by Dr. Ray Thomson, who is also the Chairman of Wellington Drive Technologies.

Organic Interceptor Products Limited had as its lead product, Organic Interceptor, what's believed to be the world's first certified organic weed controller. Invented and developed by Thames-based brothers Rodney and Stuart Innes (both of whom are now directors of Certified Organics), it is the first in a range of certified organic products the company plans to bring to the market.

Certified Organics Managing Director Earl Stevens says the company is in the process of developing a range of top quality organic products for the house and garden.

"These include products such as shampoo, and we've already received AgriQuality Certenz Certified Organic status for the range," he says.

"We've had significant overseas interest in our lead product, Organic Interceptor and are in the process of screening potential distributors in New Zealand, Australia, South Africa, and Europe. The NZ patent has been issued and the PCT patenting process is well advanced in 15 different countries, including key European and American markets."

Organic Interceptor has been approved for use on organic farms by authorities in New Zealand, Australia, the USA and Canada.

Dr Stevens says the company is currently setting up its New Zealand distribution channels and is further developing the branding and marketing of the Certified Organic range, prior to taking the products offshore.

"A recent survey by OPENZ (Organic Products Exporters of New Zealand) shows that international demand for New Zealand's organic produce still far outweighs supply. Also, the domestic demand for organic products is continually increasing. These are extremely good indicators for the future of Certified Organics Limited," he says.

-ends-


© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 



Transport Industry Association: Feb 2021 New Vehicle Registrations Strongest On Record

Motor Industry Association Chief Executive David Crawford says that the February 2021 figures are the strongest for the month of February ever. Registrations of 12,358 were 8.0% up on February 2020. Year to date the market is up 7.1% (1,735 units) compared to the first two months of 2020... More>>

Paymark: Lockdown Equals Slowdown For Some

The three days of lockdown for Auckland earlier this month made a clear impression on our retail spending figures. While only Auckland moved into Level 3 lockdown, the impact was felt across the country, albeit at different levels. Looking at the ... More>>

Infrastructure Commission: Te Waihanga Releases Report On Water Infrastructure

The New Zealand Infrastructure Commission, Te Waihanga’s latest discussion document highlights the importance of current reforms in the water sector. Its State of Play discussion document about water infrastructure is one of a series looking at the ... More>>

Sci-Tech: Perseverance Rover Lands On Mars – Expert Reaction

NASA has landed a car-sized rover on the red planet to search for signs of past life. The vehicle has more instruments than the four rovers preceding it, and it’s also carrying gear that could help pave the way for human exploration of Mars. The ... More>>

ALSO:



Hemp Industries Association: Could The Next Team NZ Boat Be Made Entirely Of Hemp?

With The America’s Cup due to start in a few days’ time, innovators from a very different sphere have been wondering how long it could be before New Zealand could be competing in a boat entirely built from hemp, with the crew eating high-energy, nutritious hemp-infused foods and wearing high-performance hemp kit..? More>>


ACT: Matariki Almost A Half Billion Dollar Tax On Business

“Official advice to the Government says an extra public holiday at Matariki could cost almost $450 million,” ACT Leader David Seymour can reveal. “This is a perfect example of the Prime Minister doing what’s popular versus what’s responsible. ... More>>

Genesis: Assessing 6,000 GWh Of Renewable Generation Options For Development By 2025

Genesis is assessing 6,000 GWh of renewable generation options for development after starting a closed RFP process with 11 partners. Those invited to participate offer a range of technologies as Genesis continues to execute its Future-gen strategy to ... More>>

OECD: Unemployment Rate Stable At 6.9% In December 2020, 1.7 Percentage Points Higher Than In February 2020

The OECD area unemployment rate was stable at 6.9% in December 2020, remaining 1.7 percentage points above the level observed in February 2020, before the COVID-19 pandemic hit the labour market. [1] In December, the unemployment rate was also stable ... More>>