To begin the commercialisation phase, Stevia Corp is preparing to enter into a joint venture relationship with its technology partner, Tech-New Bio-Technology (TechNew) and their affiliates.
TechNew specialises in ecological fertilisers, microbiological preparations and management systems for the agriculture and aquaculture industry.
They also own and operate extraction and refinement technologies specifically designed to introduce high purity stevia extract formulations in feed and fertiliser applications.
The planned collaboration with TechNew will enable the company to vertically integrate across an entire supply chain providing the company with a growing line of value-add stevia formulated products.
As part of the agreement and a subsequent result of the collaboration, our intent will be to acquire all commercial and intellectual property rights associated with stevia-specific formulations developed by Tech-New for a myriad of feed and fertiliser applications.
Source: Stevia Corp
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