23 Sep 2010 08:08
Global strategic partnership with DohlerGroup
("PureCircle or the Company")
PureCircle (LSE: PURE), the world's leading producer of high purity stevia products, is pleased to announce that it has formed a global strategic partnership for stevia with the DohlerGroup based in Darmstadt, Germany.. Central point of the agreement is the development of innovative stevia based ingredients and formulations.
Key for superior natural low cal food and beverage formulations are PureCircle's vast portfolio of stevia ingredients combined with DöhlerGroup's strong sweetening flavour and application know-how. Together the companies will bring these competencies to customers in 21 application centres around the world. DöhlerGroup and PureCircle will also leverage their R&D program to jointly further develop stevia based sweetening ingredients and ingredient systems.
Both partners are leading companies in their business. PureCircle is the global leader in the production and marketing of natural high-purity stevia sweeteners and is a key driver in local approval processes. The company is vertically integrated, sourcing raw materials from four continents and has invested approximately $200 million in supply chain and infrastructure. The company has developed a strong sustainable natural supply chain with control across plant breeding, harvesting, extraction, purification and application. With proprietary technology protected by US patents and over 50 patent applications, PureCircle continues to drive industry innovation across its methods and processes for producing high purity stevia products.
Döhler is a global producer, marketer and provider of technology-based natural ingredients, ingredient systems and integrated solutions for the food and beverage industry. Döhler has comprehensive experience of natural raw materials, product formulations and applications. The company offers a unique ingredient portfolio ranging from flavours, emulsions, natural colours, health ingredients, compounds, fruit preparations, alcoholic and non-alcoholic beverage bases, dairy bases, malt and cereal bases to sweetening systems. In combination with fruit and vegetable juices, purees, concentrates and blends Döhler's comprehensive ingredient portfolio is the optimal base for innovative and safe food & beverage products. Döhler's extensive raw material expertise, using state-of-the-art technology in its R&D Centres, and its global innovation network are the drivers for the innovative product portfolio.
About PureCircle: PureCircle (www.purecircle.com) is the global leader in the production of high purity stevia products. PureCircle is leading the industry with the development of a strong sustainable natural supply chain. Stevia is now being grown for PureCircle in more than 15 countries across South America, Africa, Asia, and the United States; it provides a sustainable cash crop for rural farming communities in each region. As part of its leadership of the Stevia industry, PureCircle has pioneered the industry trust mark "Stevia by PureCircle" that educates consumers about the benefits of Stevia and provides a strong base of trust for both consumers and Food & Beverage companies alike. PureCircle's
global headquarters are in Kuala Lumpur, Malaysia. Pure Circle shares are traded on the LSE AiM index.
About Döhler:
The DöhlerGroup (www.doehler.com) is a global producer, marketer and provider of technology-based natural ingredients, ingredient systems and integrated solutions for the food and beverage industry. Döhler's integrated approach and the broad ingredient portfolio ranging from flavours, emulsions, natural colours, health ingredients, compounds, fruit preparations, alcoholic and non-alcoholic beverage bases, dairy bases, malt and cereal bases, sweetening systems to fruit and vegetable juices, purees, concentrates and blends is the optimal base for innovative and safe food & beverage products.
Headquartered in Darmstadt, Germany, Döhler has 19 production and 21 application centres, 50 sales offices and sales activities in over 130 countries. More than 2,500 dedicated employees provide customers with fully integrated food & beverage solutions from concept to realisation.
"WE BRING IDEAS TO LIFE." briefly describes Döhler's holistic and strategic approach to innovation. This comprises market intelligence, trend monitoring, the development of innovative products and product applications, advice on food safety and microbiology, food law as well as sensory & consumer science.
ENQUIRIES
PureCircle Limited
Magomet Malsagov, Group CEO +60 12388 8049
William Mitchell, Group CFO +44 7974 005163
Westport Communications
Alan Frame +44 20 7065 2690
RFC Corporate Finance Ltd
Stephen Allen +61 89480 2500