MECHELEN, Belgium, August 23, 2018 /PRNewswire/ --
Cargill has the intention to invest $150 million to construct an HM pectin production facility in South America. HM pectin is a versatile, citrus fruit-based texturizer used for jams, beverages/juices, acid dairy drinks and confectionery.
Bruce McGoogan, strategy and innovation leader for Cargill starches, sweeteners and texturizers business said, "The pectin market has seen a strong growth for several years, primarily driven by the acid dairy drink market, as well as the growing global consumer demand for label-friendly ingredients. HM pectin plays a significant role in delivering on both trends-as it is a plant-based texturizer designed for acid dairy drinks as well as for jams, beverages and confectionery products.
The intention to invest in a plant in Brazil, which has an abundant citrus fruit supply, allows Cargill to deliver the pectin our customers need and consumers demand."
The intended project is part of a comprehensive plan to strengthen Cargill's full pectin footprint, including improvements to its existing three plants in Europe (Germany, France and Italy) and adding a new plant in Brazil to take advantage of local resources.
"Adding an industry-leading pectin asset in Brazil will complement Cargill's existing European network and create the capacity to serve our customers around the globe with premium pectin ingredients," said Laerte Moraes, managing director of Cargill's starches, sweeteners and texturizers business in South America. "The intended investments also illustrate Cargill's commitment to its employees and the economies in both Europe and Brazil through job growth and financial contributions. The intention is to start construction early 2019."
Cargill's 155,000 employees across 70 countries work relentlessly to achieve our purpose of nourishing the world in a safe, responsible and sustainable way. Every day, we connect farmers with markets, customers with ingredients, and people and animals with the food they need to thrive.
We combine 153 years of experience with new technologies and insights to serve as a trusted partner for food, agriculture, financial and industrial customers in more than 125 countries. Side-by-side, we are building a stronger, sustainable future for agriculture.
About Cargill Brazil
Operating in Brazil since 1965, Cargill is one of the largest food companies in the country. Headquartered in São Paulo (SP), the company operates in 17 Brazilian states through its industrial units and offices in 191 cities with more than 10 thousand employees.
About Cargill Starches, Sweeteners & Texturizers
Cargill Starches, Sweeteners & Texturizers processes corn, wheat, seaweeds, fruit-peels, sunflowers, rapeseed and soy to manufacture a comprehensive collection of value-added ingredients dedicated to the food & beverage, papermaking & corrugating, pharmaceutical, and animal nutrition industries. We take a unique approach to each of these categories to enhance customer relationships and fuel sustainable growth. In the nutrition space, we focus on fiber and protein innovations, while our industrial offerings are designed to supply renewable solutions that drive value for our customers. Our portfolio includes sweeteners: glucose syrups, glucose-fructose syrups, dextrose, low-caloric polyols and zero calorie stevia-based sweeteners, starches: native, functional, modified, maltodextrin, …) lecithins (fluid, de-oiled, fractionated and modified), carrageenans, pectins and biopolymers (xanthan and sclerogucan). One of our core competences is to operate a reliable and sustainable supply chain, as can be demonstrated with the high quality potable alcohol we supply. Whatever the application, we help our customers thrive by delivering them valuable products and services.