Construction expected to commence in early 2019.

August 24, 2018

1 Min Read
Cargill to invest $150m for Brazil pectin facility

Cargill has announced plans 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.

“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,” Bruce McGoogan, strategy and innovation leader for the Cargill starches, sweeteners and texturizers business. “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.”

Laerte Moraes, managing director of Cargill’s starches, sweeteners and texturizers business in South America, said 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.

“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,” Moraes said.

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