Global food company Cargill is planning to invest US$150 million to construct an HM pectin production facility in South America. HM pectin is a versatile, citrus fruit-based texturiser used for jams, beverages/juices, acid dairy drinks and confectioneries.
“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,” says Bruce McGoogan, strategy and innovation leader for Cargill starches, sweeteners and texturisers business. “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.”
McGoogan adds that the intention to invest in a plant in Brazil, which has an abundant citrus fruit supply, allows Cargill to deliver the pectin its “customers need and consumers demand”.
Also, this project is part of a comprehensive plan to strengthen Cargill’s full pectin footprint, including improvements to its existing three plants in Europe (Germany, France and Italy) and adding a new plant in Brazil to take advantage of local resources.
“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,” says Laerte Moraes, managing director of Cargill’s starches, sweeteners and texturisers business in South America. “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 next year.”