Cargill will invest €35 million (US$37.3 million) in its European manufacturing channels in Manchester (UK), Bergen op Zoom (The Netherlands) and Wroclaw (Poland).
This allows additional glucose-fructose syrups production for a flexible sweetener portfolio based on corn and wheat.
The investment is set in the context of the end of the European sugar regime as of October 2017.
Cargill has starches and sweeteners production facilities in EMEA, with 12 plants in 10 countries.
Effective October 2017, coinciding with the end of the European sugar regime, the three Cargill locations – Manchester, Bergen op Zoom and Wroclaw – will be able to offer customers a broader range of glucose-fructose syrups, transforming current raw materials in a more versatile portfolio.
The company states that as a result of the October 2017 milestone there will likely be a higher sugar price volatility.
This will indirectly impact the supply and demand of related starch product groups for the European food and beverage industry.
Cargill will be offering customers risk mitigation solutions with alternative sweeteners produced in Europe, from European raw materials.
