Tereos, Jungbunzlauer strengthen agreement

19 Dec 2014

Tereos says it is pursuing its expansion and strengthening its position in the Central European liquid sweetener market thanks to an agreement that consolidates its partnership of over 18 years with Jungbunzlauer. The end of sugar and isoglucose quotas in October 2017 will result in an expansion of the liquid sweetener market in Europe, and […]

Tereos, Jungbunzlauer strengthen agreement

http://www.dreamstime.com/stock-photography-shaking-hands-image13015392Tereos says it is pursuing its expansion and strengthening its position in the Central European liquid sweetener market thanks to an agreement that consolidates its partnership of over 18 years with Jungbunzlauer.

The end of sugar and isoglucose quotas in October 2017 will result in an expansion of the liquid sweetener market in Europe, and especially in Central Europe, the company said.

With this in mind, Tereos and Jungbunzlauer are strengthening the industrial partnership that they entered into over 18 years ago.

The agreement signed by both groups secures the long-term supply of Jungbunzlauer’s plant in Alsace, which will be supplied from Tereos’ starch production plant in Marckolsheim, thereby enabling Jungbunzlauer to develop its business activities and to offer new outlets for French agricultural production. Jungbunzlauer use the starch hydrolysate to produce different organic acids, salts thereof and Erythritol.

Tereos will market cereal-based liquid sweeteners in Austria, which will be produced at the Jungbunzlauer plant in Pernhofen. Accordingly, Tereos will be able to offer its customers in the food processing and fermentation industry in this region a full range of sugar and glucose syrups. This agreement will also enable Tereos to review the construction of an isoglucose production unit at the same facility, which is one of the most cutting-edge facilities in Central Europe.

“This partnership will enable us to broaden our geographical coverage for cereal-based sweeteners in Central Europe. Accordingly, we will be able to provide better support to our customers on these markets, which will be required to expand when the quotas end in 2017. We are delighted to be strengthening our historical ties with Jungbunzlauer, a market-leading group that is recognized for its extensive expertise”, said Alexis Duval, Tereos’ Chief Executive Officer.

 

Related tags

Events & Exhibitions

Related news

Scouting out the latest health trends and innovations at Vitafoods Europe

Scouting out the latest health trends and innovations at Vitafoods Europe

20 May 2022

From mood, cognition, and gut health to the importance of selling experiences rather than products, the Healthy Marketing Team (HMT) rounds up the biggest trends it spotted at Vitafoods Europe last week.

Read more 
Top trends to watch at Expo West

Top trends to watch at Expo West

18 Feb 2022

From the foodification of supplements to mission-driven commerce, trendspotters at Natural Products Expo West have identified the top 10 trends shaping the US healthy food industry.

Read more 
New Product Zone showcased the most innovative products at Fi Europe

New Product Zone showcased the most innovative products at Fi Europe

15 Dec 2021

Attendees of Fi Europe 2021 were able to discover an extensive selection of the most innovative products, showcased alongside insightful information at the New Product Zone.

Read more 
Startup Innovation Challenge 2021: Recognising disruptive ideas in F&B innovation

Startup Innovation Challenge 2021: Recognising disruptive ideas in F&B innovation

6 Dec 2021

The Fi Global Startup Innovation Challenge aims to support innovative projects within the F&B industry by offering startups the opportunity to showcase their innovations and meet the industry's foremost ingredients professionals.

Read more 
Fi Europe Innovation Awards: Recognising innovative ingredient solutions at Fi Europe 2021

Fi Europe Innovation Awards: Recognising innovative ingredient solutions at Fi Europe 2021

6 Dec 2021

The Fi Europe Innovation Awards recognise ground-breaking work in food and beverage ingredients at the annual Fi Europe, co-located with Hi Europe, event. This year has featured some outstanding ingredients and concepts in the fields of health, sustain...

Read more 
Fi Europe opens its doors to in-person attendees today!

Fi Europe opens its doors to in-person attendees today!

30 Nov 2021

After a week-long online program Fi Europe opens for in-person attendees under 2G measures in Frankfurt today – if you’re not able to attend in-person, you can follow the program from the show floor live on the online platform.

Read more 
Obama celebrated 60 with top vegan brands

Obama celebrated 60 with top vegan brands

9 Aug 2021

Plant-based foods have become so widely accepted that former President Barack Obama’s 60th birthday celebration featured a vegan, plant-based menu, according to a menu leaked by Bloomberg.

Read more 
Plant-based nugget prices cheaper than real chicken

Plant-based nugget prices cheaper than real chicken

3 Aug 2021

Chickenflation is a real thing, and plant-based protein maker Alpha Foods is taking advantage of skyrocketing chicken prices to grab the attention of non-meat eaters and meat eaters alike.

Read more 
Future of Nutrition Award debuts at the Fi Europe Innovation Awards

Future of Nutrition Award debuts at the Fi Europe Innovation Awards

16 Jul 2021

The Fi Europe Innovation Awards, held at Fi Europe 2021 co-located with Hi Europe, celebrate people, companies and organisations breaking new ground in the Food & Beverage industry.

Read more 
Flavor company Givaudan crowdsources flavors with its Aroma Kiosk

Flavor company Givaudan crowdsources flavors with its Aroma Kiosk

12 Apr 2021

Swiss flavor giant Givaudan has rolled out its Aroma Kiosk, a digital sensory tool that crowdsources flavor preferences. These kiosks are located globally in grocery and retail stores as well as universities where shoppers can interact with the technol...

Read more