Cargill plans to invest US$150 million to construct an HM pectin production facility in South America.
HM pectin is a citrus fruit-based texturizer used for jams, beverages/juices, acid dairy drinks and confectionery.
“HM pectin is a plant-based texturizer designed for acid dairy drinks as well as for jams, beverages and confectionery products,” says Bruce McGoogan, strategy and innovation leader for Cargill starches, sweeteners and texturizers business.
“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.”
The intended 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.
Construction will begin in early 2019.