Australia's Wide Open Agriculture rises on first order from China distributor Univar

Wide Open Agriculture

17/09/2025 04:55

** Shares of Wide Open Agriculture WOA.AX rise 18.8% to A$0.019, their highest since August 21

** Plant-protein ingredient manufacturer gets the first order for its Lupin Protein product from Univar, its distribution partner in China

** Says chemical and ingredients distributor Univar to use the initial 5 tonne order for R&D operations, and work towards product launches tailored to Chinese consumers- beginning with protein-enriched milk tea

** Order under an April 30 distribution agreement, under which Univar had committed to buying a minimum of 50-tonnes

** Around 5.2 mln shares change hands, 5.2x the 30-day average volume

** YTD, stock up 111.1%

 (Reporting by Shruti Agarwal in Bengaluru)

 ((Shruti.Agarwal@thomsonreuters.com;))