UK company to build $200m infant formula factory in Iraq

FDA clears OmniActive’s Lutemax Free Lutein for infant formula

The U.S. Food and Drug Administration has granted OmniActive Health Technologies GRAS (generally regarded as safe) clearance for the use of Lutemax Free Lutein in infant formula.

UK company to build $200m infant formula factory in Iraq

The government-backed Iraq Development Fund and UK company Agrium Capital are planning to establish an infant formula production facility in the country, in a bid to reduce imports.  The plant’s production will cover 85 percent of the local market’s needs, with a capital expenditure exceeding $200 million, state-run Iraqi News Agency reported, quoting Rod Bassett, managing director of Agrium Capital. The factory will rely on local raw materials,…