Cargill has announced a €35 million investment in its existing European manufacturing channels in Manchester in the UK, Bergen op Zoom in the Netherlands and Wroclaw in Poland.
The move will allow additional glucose-fructose syrups production, offering food and beverage customers access to a balanced and more flexible sweetener portfolio based on corn and wheat. The investment is set in the context of the end of the European sugar regime as of October 2017.
Coinciding with the end of the European sugar regime in October 2017, the three new Cargill locations will be able to offer customers a broader range of glucose-fructose syrups, transforming current raw materials in a more versatile portfolio.
Alain Dufait business director at Cargill Starches & Sweeteners said: “Our broad product portfolio and technical capabilities coupled with our extended network of facilities across Europe and our expertise in supply chain risk management will help customers to keep on innovating, expand their sweetness options, mitigate business risk and create value.
For the first time in decades, there is an opportunity to offer a fully flexible sweetener product portfolio ranging from full to zero calorie options to meet customers’ needs.”
As a result of the October 2017 milestone there will likely be a higher sugar price volatility. This will indirectly impact the supply and demand of related starch product groups for the European food and beverage industry.
Cargill will be offering customers risk mitigation solutions with alternative sweeteners produced in Europe, from European raw materials.
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