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...
PureCircle shipments cleared, reaffirming company’s proper labor policies

PureCircle shipments cleared, reaffirming company’s proper labor policies

U.S. Customs and Border Protection (CBP) have confirmed that they removed PureCircle from the Withhold Release Order (“WRO”) on stevia and its derivatives.  All PureCircle shipments have been released and business will fully resume on a regular basis in the United States. PureCircle shipments were detained based on inaccurate allegations that they contained stevia that was produced using forced labor. PureCircle was removed from WRO and shipments were released after CBP review of substantial, detailed documentation from PureCircle, including independent, third-party verifications. “We fully support CBP’s commitment to ensuring that forced labor is never used in the production of any of our products imported into the USA,” said PureCircle CEO Magomet Malsagov. “We are pleased that this matter has been rigorously investigated and that PureCircle has been cleared by the CBP. This experience has only reinforced our commitment to human rights and fair labor practices in any of our markets as well as strengthened our capabilities in providing traceability and transparency as the stevia industry’s only vertically integrated natural supply chain. “ In response to questions by CBP, PureCircle provided extensive documentation including: Bureau Veritas (independent, 3rdparty) Audit Report on Labor Practices & Supply Chain Relationship – China which found: No evidence of force, bonded or involuntary prison labor Proper procedure of assessing suppliers Proper traceability systems in place to trace each batch of extract produced to leaf supplier SEDEXMembers Ethical Trade Audit (SMETA) which found: No forced, bonded or involuntary prison labor Conformance with regulations regarding Employment Freely Chosen, Child Labor, Regular Employment PureCircle Global Labor Policyand Supplier Code of Conduct, which explicitly prohibits the use of forced labor in any part...
Updated PureCircle Statement on Product Hold 1/10/17

Updated PureCircle Statement on Product Hold 1/10/17

U.S. Customs and Border Protection (CBP) have released PureCircle shipments that had been previously withheld from entry into the U.S., based on inaccurate allegations that they contained stevia that was produced using forced labor. The shipments were released after CBP review of substantial, detailed traceability documentation provided by PureCircle, including independent, third-party verifications.   “We fully support CBP’s commitment to ensuring that fair labor practices have been used in the production of any product entering the United States,” said PureCircle’s CEO Magomet Malsagov. “PureCircle is committed to human rights and fair labor practices globally in all parts of its business and supply chain. We operate a robust system of checks and balances to ensure that all our suppliers adhere to a strict Supplier Code of Conduct. We are pleased that the CBP has confirmed that PureCircle’s shipments are compliant with the law and have been released. Stevia is an important alternative to sugar in the global fight against obesity. We remain committed to our stated mission of encouraging healthier diets around the world through the supply of natural ingredients to the global food and beverage industry.” In response to questions by CBP, PureCircle provided documentation including: Bureau Veritas (independent, 3rdparty) Audit Report on Labor Practices & Supply Chain Relationship – China which found: No evidence of force, bonded or involuntary prison labor Proper procedure of assessing suppliers Proper traceability systems in place to trace each batch of extract produced to leaf supplier SEDEX Members Ethical Trade Audit (SMETA) which found: No forced, bonded or involuntary prison labor Conformance with regulations regarding Employment Freely Chosen, Child Labor, Regular Employment PureCircle Global Labor Policy and Supplier Code...
Learn Our Tricks For Baking With Stevia

Learn Our Tricks For Baking With Stevia

With the holidays approaching you might have cookies on your mind. Working stevia into some of your favorite baked goods can present some formulation challenges. In baked goods, sugar not only provides sweetness but bulking and texture as well. Discover some of the tricks that we have learned in creating sugar reduced products without sacrificing the taste and texture your consumers...
PureCircle Announces Newest Custom Ingredient for Drinks: Sigma-Beverage

PureCircle Announces Newest Custom Ingredient for Drinks: Sigma-Beverage

Nov. 22, 2016 – Oak Brook, Illinois – PureCircle introduces Sigma-Beverage, its latest breakthrough stevia ingredient that is specifically optimized for beverage formulations and delivers unmatched taste results when compared to other stevia ingredients on the market. Sigma-Beverage performs similarly to sugar at deep calorie reductions so formulators can create beverage solutions consumers will love while reducing development time by 30 – 50 percent. “Sigma-Beverage was formulated with a carefully tailored, proprietary combination of steviol glycosides designed to address the unique needs for beverage formulations,” said Faith Son, PureCircle’s Vice President of Marketing and Innovation. “We have seen success with this approach for our customers and are excited to help them further unlock the beverage category and reduce overall calories while meeting the taste desires consumers demand.” Designed as the perfect stevia sweetener for beverage formulations, Sigma-Beverage has a crucial upfront sweetness needed for most beverage applications and provides a reduction in linger when formulating low-to-zero calorie solutions. “Beverages have provided a challenge for formulators because of the high sweetness max,” said John Martin, PureCircle’s Senior Director of Global Technical Innovation. “To achieve that high level of sweetness with stevia can often result in linger and a strong, sweetness aftertaste. However, by selecting the steviol glycosides that provide a very clean, sugar-like taste with a reduced linger, we have been able formulate a stevia ingredient that really works well for the challenges of beverage applications. We are extremely pleased with the results we are seeing.” Sigma-Beverage is the third, category specific ingredient in PureCircle’s portfolio. It joins Sigma-Tea and Sigma-Dairy, all of which are outperforming first generation Reb A...
PureCircle Welcomes New Chief Operating Officer

PureCircle Welcomes New Chief Operating Officer

PureCircle (LSE: PURE), the world’s leading producer and marketer of high purity stevia ingredients, today announces the appointment of Gary Juncosa as Chief Operating Officer with effect from 1 November 2016. In this role, Gary will report to the CEO, Magomet Malsagov, and will be driving the optimization and management of the Company’s global operations. This covers leaf sourcing, manufacturing, customer service and sustainability endeavors. “Gary will be instrumental in driving the operations of our Company now that the new expanded purification facility is near to completion,” said Malsagov said. “With the new COO overseeing the day-to-day activities of the Company and the continued support of other leaders in the management team, I will be able to focus on driving the growth strategy and development of PureCircle’s long term business objectives of providing a portfolio of stevia-based sweetener solutions to global F&B and Flavour companies.” Gary Juncosa has more than 20 years of experience in the specialty chemicals sector, including 7 years at International Flavors and Fragrances (IFF) in various global leadership roles including supply chain, procurement and global ingredient sales; 4 years as Vice President of Operations of Yinghai Aroma Chemical Group in Tianjin, China, a private supplier of aroma chemicals and fragrance ingredients; 2 years with LS9, a biotech start-up designing bacteria to produce chemicals; and most recently 2 years at Renewable Energy Group (REG), a global biofuels and renewable chemicals company, who acquired LS9, as General Manager of their Chemical business. “We are delighted to welcome Gary into his new role at PureCircle as our Chief Operating Officer,” said PureCircle’s Chairman Paul Selway. “Gary brings a...