12 September 2013

Cargill to invest $15 million in alginates production plant in France

Mechelen, Belgium – 11 September 2013 - Cargill is making a US$15 million investment to upgrade and expand its alginates production plant in Lannilis, Brittany, France. The production plant is strategically located in close proximity to the French coast, where Cargill works closely with local fisherman to ensure a secure and sustainable source of fresh brown seaweed, from which the alginate is extracted. 

Bente Korsgaard, Head of the alginates business for Cargill Texturizing Solutions said: “Customers are looking for a secure supply of cost-competitive, sustainable and high quality alginates from a knowledgeable and reliable ingredients partner. Cargill’s investment in Lannilis – a strategically located alginates production plant with lifelong seaweeds extract experience – absolutely addresses these needs. We expect to see an increase in the number of companies utilizing Cargill alginates for product innovation, to reduce recipe costs, or to secure a more reliable supply chain. Cargill is now in the best possible position to support them.” 

Alginates are a thickening and gelling agent for food and drink applications extracted from seaweed. They are popular with the food and pharma industry because of their versatility, their cold solubility and their large scope of functionality for wide ranging applications. 

Alginates are part of Cargill Texturizing Solutions’ wide ranging portfolio of texturizers, ranging from single ingredients, such as pectins, carrageenans, starches, lecithins, locust bean gums and biopolymers to multi-component functional food systems. Cargill Texturizing Solutions is one of the world's leading suppliers of texturizers and emulsifiers to the global food and beverage industry. 

Cargill is an international producer and marketer of food, agricultural, financial and industrial products and services. Founded in 1865, the privately held company employs 140,000 people in 65 countries. 

Source: Cargill