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Beneo has invested €4.3 million into a new production plant for vegetal protein in Wanze, Belgium. The plant is part of the existing BioWanze factory, a modern biorefinery producing food, feed and ethanol.
The move, the company says, comes following growing demand for plant-based proteins worldwide as consumer interest in meat-free alternatives continues to rise.
Christoph Boettger, Executive Board Member at BENEO, said: “We are seeing a big shift in consumer diets as an increasing number of consumers actively try to reduce their meat intake and seek out alternatives. Wheat protein was the most-used plant-based protein in new meat substitute launches in 2018i and we see great potential for this market in 2019 and beyond.”
The new facility will be operated by BioWanze, a subsidiary of CropEnergies, a European manufacturer of sustainably produced ethanol. Its biorefinery in Belgium utilizes the entire raw material to produce food, feed and fuel with no waste.
Boettger continued: “We’re pleased to be working with our sister company, CropEnergies, and its team at BioWanze as a trusted partner in this exciting new development for our business. Through this significant investment and new production facility, BENEO can take its first steps in exploring the market for textured plant-based proteins to allow its customers to capitalize on this rising trend.”
André Tonneaux, Director of BioWanze, said: “We look forward to working closely with BENEO as we embark on this new joint venture to produce plant-based proteins. As well as expanding production capabilities, this investment will secure future growth and open up important employment opportunities here in Wallonia.”
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