The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • Beston Global Food Company’s (BFC) recently installed lactoferrin extraction columns have successfully produced high-grade lactoferrin
  • The lactoferrin had a purity level of over 95 per cent – a major milestone for the company’s project
  • During the second commissioning phase, Beston Global Food will work to refine the extraction process and further optimise lactoferrin yield
  • The company expects first sales of its lactoferrin to occur before June 30, 2021
  • Beston Global Food Company is up 13.85 per cent and trading at 7.4 cents per share

Beston Global Food Company’s (BFC) recently installed lactoferrin extraction columns have successfully produced high-grade lactoferrin.

Lactoferrin is a protein naturally found in milk, that has antibacterial properties and boosts the human immune system. Interest in the protein, which is often referred to as “pink gold”, has increased in recent years over its potential as an immunity-boosting nutraceutical product.

In March, Beston Global Food installed two news lactoferrin columns at its plant, and also commenced the commissioning of the plant. The first phase of the commissioning was successfully undertaken during March, despite scheduling delays caused by COVID-19’s impacts on transport arrangements.

The high-grade lactoferrin produced from the extraction columns had a purity level of over 95 per cent. Beston Global Food’s CEO, John Hicks, called this a major milestone for the project.

“Delivering production of over 95 per cent purity Lactoferrin so soon after commencing the commissioning of the two new Lactoferrin extraction columns is a significant achievement,” he said.

“A lot of hard work and long hours have gone into the project by our dairy operations team, led by Frank Baldi, as well as the contractors undertaking the work, to reach this project milestone, despite the additional logistics and people challenges presented by the COVID-19 environment,” he added.

During the next few weeks, Beston Global Food will begin the second phase of commissioning the new lactoferrin plant. However, the work will be temporarily interrupted by a shut-down of the Jervois gas supply pipeline, starting April 12, 2021. 

Once the second phase recommences after seven to eight days, the work will focus on refining the extraction process, to further optimise lactoferrin yield. 

Beston Global Food will be sending samples of its new high-grade lactoferrin product to customers over the next few weeks. The company expects first sales of its lactoferrin to occur before June 30, 2021.

Beston Global Food Company is up 13.85 per cent, trading at 7.4 cents per share at 3:18 pm AEST.

BFC by the numbers
More From The Market Online
Woolworths shopfront

Forbidden Foods sees new line hit 450 Woolies stores; eyes netball sponsorship

Microcap Forbidden Foods (ASX:FFF) has confirmed its new protein product – called 'OMG' – has hit…
Grounded plane concept

Investor caution as WEB Travel argues Deloitte holding up 1H25 results

If you want a case study in investor expectation management, look no further than HotCopper's reaction…
ASIC concept

Harvey Norman may appeal ASIC Federal Court case – the third lawsuit on its plate

Harvey Norman has flagged it may appeal a Federal Court decision that favoured with ASIC's view…
Image of a pizza

Domino’s Don Meij steps down after 22 years as CEO

Domino's Pizza Enterprises has announced that CEO and managing director Don Meij has stepped down after…