PureCircle Completes $42m Stevia Plant Expansion

PureCircle Completes $42m Stevia Plant Expansion

Doubles Capacity to Extract High Quality, Sustainable Stevia Enstek, Malaysia, March 2, 2017 – PureCircle (LSE: PURE), the world’s leading producer of high-purity stevia ingredients for the global food and beverage industry, today marked the completion of a $42 million expansion of its stevia plant in Malaysia with a ceremony attended by the Minister of Energy, Green Technology & Water, Datuk Seri Panglima Dr. Maximus Johnity Ongkili. PureCircle has a deep commitment to making stevia a mainstream ingredient and is the only company that has this type and scale of production facility in the stevia industry. This major expansion of PureCircle’s facilities will enable the Company to double its production capacity and focus on even more efficient extraction and processing from sustainably grown stevia leaf and purification for its next generation of pioneering stevia ingredients. Innovations that have been incorporated into the new facilities include a dedicated line, specifically designed for PureCircle’s Zeta Family ingredients – these are comprised of the most sugar-like steviol glycosides, such as Reb M and Reb D, and allow for the deepest calorie reductions by food and beverage companies. This investment will ensure that PureCircle remains at the forefront of innovation to deliver the best tasting products, at a scale that fits with the needs of global brands, as well as benefiting farmers and their communities. The fully automated expansion in Enstek, Malaysia, will bring the employment of the full facility to almost 600 people. Commenting on this major milestone in the Company’s history, PureCircle’s Group CEO Magomet Malsagov, said: “PureCircle is committed to a substantial ongoing investment programme to ensure that our customers...
Discover 2016 Stevia Market Trends to Inspire Your Next Innovation

Discover 2016 Stevia Market Trends to Inspire Your Next Innovation

Learn about the latest innovation trends with stevia in 2016. See how stevia is transforming key categories and gain insight into opportunities for your innovation pipeline. For a more in-depth review of your category, reach out to your PureCircle lead to connect with our insights team for a deeper dive....