PGG Wrightson, the rural services company controlled by Agria Corp, named the Chinese company’s founder Alan Lai as its new chairman, replacing John Anderson, and forecast a lift in full-year operating earnings. The Christchurch-based company first flagged the departure of veteran businessman Anderson last month, after he was appointed to steer the company after its 2010 shakeup that followed the …

Tru-Test Corp, which doubled in size after buying a dairy industry equipment business, posted a 12 percent increase in full-year sales and said profit almost tripled on a gain from the sale of a UK subsidiary. Profit rose to $6.6 million in the 12 months ended March 31, from $2.3 million a year earlier, according to the Auckland-based company’s annual …

Auckland-based bio-fuels pioneer Lanzatech Inc has been named the second “hottest” bio-technology company in the world and 4th hottest for bio-chemicals at the same time as announcing a new contract with leading Korean petro-chemical company SK Innovation. The announcements, from respected industry publication Bio-Fuels Digest, come as Lanzatech’s latest filings with the Companies Office show its losses roughly doubled in …