Raisio intensifies oat focus

13 Jan 2020

Raisio Group says it is proceeding with the building of its international oat business activities.

Investments of some €8 million, which were made in the oat mill located in Nokia, Finland, will facilitate the export of Finnish oat products and manufacturing of value-added products.

Raisio intensifies oat focus

The key goal for Raisio’s strategy, the company says, is to increase its oat business to form another strong international pillar alongside its Benecol business.

“Thanks to the investments, our oat mill is now in top working condition. We increased the mill capacity and our ability to manufacture different oat products to meet the growing demand in Finland and Europe. The oat boom is just beginning in Europe now, so the growth perspectives are quite interesting,” said Pekka Kuusniemi, President and CEO of Raisio.

As a result of the long-term development of Raisio’s production, the company says it will have the capability to, among other things, produce gluten-free oat products at its mill in Nokia from the beginning of 2020. Oats are a naturally gluten-free grain, but in normal production conditions, small amounts of other grains are mixed in. Several different purification phases are involved in the production of gluten-free oat products as a means of ensuring that other grains are removed from among the oats. The products are run through several phases of analysis to ensure that they are completely gluten-free.

“We have invested in the production of our gluten-free oat products so that we can accelerate the export of quality Finnish foods in a competitive manner. The first Elovena Gluten-free products manufactured at the mill in Nokia will appear in shops around the end of January or beginning of February 2020,” said Kuusniemi.

Furthermore, Raisio’s oat mill can now also produce oat fibre products with a high beta-glucan content. Beta-glucan is an oat fibre that helps to reduce cholesterol and prevent fluctuations in blood sugar levels.

In addition to developing its oat mill, Raisio is currently building a production facility to manufacture plant-based added-value products. The cost estimate of the facility is approximately €45 million and it is scheduled to be completed in 2021. The investments in production development are said to support one another, since the oat mill can now provide ingredients that are needed by the new production facility rising in Raisio’s industrial area.

“While our short-term growth expectations are focused, in particular, on the export of oat products to industrial customers, our overall strategic goal is to further build our Elovena brand in a way that will draw greater interest from international consumers,” said Kuusniemi.

Related categories

Related tags

Market News

Related news

Novozymes launches lactase enzyme

Novozymes launches lactase enzyme

25 Mar 2020

Novozymes is launching Saphera Fiber, a new lactase enzyme to increase the content of fibres while also reducing sugar in fermented and non-fermented dairy products.

Read more 
Benson Hill to launch ultra-high protein soybean next year

Benson Hill to launch ultra-high protein soybean next year

24 Mar 2020

Crop improvement company Benson Hill has announced its plans to release ultra-high protein soybean varieties in the 2021 crop year.

Read more 
Newly discovered plant pigments could hold food industry promise

Newly discovered plant pigments could hold food industry promise

23 Mar 2020

The discovery of a new class of natural colours could lead to more vibrant and stable colourings for foods and beverages. Is this the breakthrough the industry has been waiting for?

Read more 
Coronavirus: Supply chains under scrutiny

Coronavirus: Supply chains under scrutiny

22 Mar 2020

Covid-19 will reveal holes in the relative resilience of companies’ supply chains, as the global and interlinked nature of the food industry is laid bare.

Read more 
Fonterra reports upturn for 1H2020

Fonterra reports upturn for 1H2020

20 Mar 2020

Fonterra has announced its 2020 Interim Results, which show the co-operative’s financial performance has improved with increased underlying earnings and reduced debt.

Read more 
Ingredients by Nature  launches MonkFiber

Ingredients by Nature launches MonkFiber

20 Mar 2020

Ingredients by Nature has announced the launch of MonkFiber, a functional, sweet fibre from the pomace of the monk fruit.

Read more 
Equinom to open US office

Equinom to open US office

19 Mar 2020

Non-GMO seed-breeding specialist Equinom is to open offices in the US to serve the North American market.

Read more 
Campden BRI updates shelf-life guidance

Campden BRI updates shelf-life guidance

18 Mar 2020

Campden BRI has updated guidance on shelf-life setting for the food industry. The new guidance is a result of close collaboration with industry experts to align it with recent developments in the area of shelf-life evaluation, including the implementat...

Read more 
Chobani announces next incubator cohort

Chobani announces next incubator cohort

18 Mar 2020

Chobani has announced the Spring 2020 cohort for its incubator program.

Read more 
Impossible Foods raises another $500 million

Impossible Foods raises another $500 million

17 Mar 2020

Impossible Foods has secured approximately $500 million in its latest funding round, led by new investor Mirae Asset Global Investments, with participation from existing investors including Khosla Ventures, Horizons Ventures, and Temasek.

Read more