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Global food company Cargill is set to build a high methoxyl (HM) pectin production facility in Brazil with an investment of $150m.
HM pectin is a versatile, citrus fruit-based texturiser, which is used in jams, juices, acid dairy drinks and confectionery.
Cargill Starches, Sweeteners and Texturizers business strategy and innovation leader Bruce McGoogan 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 texturiser 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.”
Cargill’s proposed investment is aimed at strengthening its pectin footprint through improving its existing three plants in Germany, France, and Italy.
With the addition of the new plant in Brazil, the company intends to take advantage of local resources and also to meet the growing demand for pectin.
Cargill South America Starches, Sweeteners and Texturizers business managing director Laerte Moraes 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.”
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