Expected To Open In 2017, Will Have Line Dedicated To
High-Demand Ingredients
OAK BROOK, Illinois,
Sept. 21, 2016 /PRNewswire/ -- To
prepare for the continued demand for stevia ingredients, PureCircle
announced today that it is building a new processing plant that
will double the company's capacity to produce its proprietary
stevia leaf extract and have a line specifically designed and built
for the Zeta Family ingredients. The Zeta ingredients are comprised
of steviol glycosides, such as Reb M, with the most sugar-like
taste and allow for the deepest calorie reductions.
Photo
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Once complete, the plant is expected to increase PureCircle's
stevia leaf extract output by 50 percent and has the potential to
double the company's stevia production capacity moving forward.
"We are extremely excited about bringing this new plant online
because the demand for stevia has increased dramatically over the
last six years," said PureCircle's Chief Commercial Officer
Jason Hecker. "More specifically,
the demand for PureCircle's Zeta ingredients has grown
exponentially. This plant will allow us to support the stevia
industry in a way that is unmatched by other suppliers. The output
ensures that our customers will have a steady supply of sustainable
stevia and will be able to formulate their products with the best
tasting stevia in the marketplace."
The new plant will help to support PureCircle's fully integrated
supply chain and agricultural plans throughout the world, which
were announced in July. These plans include an additional
investment of $100 million in the
PureCircle Agronomy Program resulting in a 10,000 hectare pipeline
that will provide customers with year-round access to the highest
quality stevia leaf extract.
"We are really proud of our supply chain and how we've been able
to maintain it in a way that benefits farmers, our customers and
the environment," said Bob Compier,
PureCircle's Vice President of Group Operations. "This new
state-of-the-art facility really helps to bring our agronomy
program and supply chain plans full circle. We can create the
largest, natural supply of stevia leaf extract through our efforts
with farmers and have the production plans in place to bring that
supply to our customers in a timely manner to further their
success."
The expansion of processing capabilities is expected to cost
$42 million and is anticipated to
come online in early 2017. It is located in Malaysia along with PureCircle's Corporate
Offices.
About PureCircle
PureCircle is the world's leading
producer of high-purity stevia ingredients for the global food and
beverage industry. Its mission is to encourage healthier diets
around the world through the supply of natural ingredients to the
global food and beverage industry. Its vision is to lead the global
expansion of stevia as the next mass volume, natural-origin
sweetener. PureCircle has offices around the world with the global
headquarters in Kuala Lumpur,
Malaysia. It was founded in 2002 and was incorporated into
PureCircle Limited in 2007. PureCircle's shares are listed on the
main market of the London Stock Exchange and trade under the ticker
symbol PURE. For more information,
visit: www.purecircle.com.
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