Agribusiness major – Cargill is expected to invest around €20 million ($22.5 million USD) in expanding its instant starch manufacturing capacity at its plant in Sas Van Gent, The Netherlands. This includes construction of a new building and installation of two new roll dryers in the facility. Cargill Starches & Sweeteners Europe processes corn and wheat to manufacture value-added products dedicated to the food and beverage, papermaking, corrugating, bioindustrial, pharmaceutical, personal care and animal nutrition industries.
The expanded facility is expected to be completed this year and cater to the increasing consumer demand for instant or convenience food across the world.
Instant starch is a key ingredient in many cold prepared foods. The demand for ready meals, sauces, soups, cakes and pastries have been growing and Euromonitor observes that these foods (combined) grew by 11 percent from 2013 to 2018, which is surpasses the growth of overall packaged food of 7 percent in the same period.
Cargill’s investment in the plant is in line with these trends and is expected to meet the demand for instant food industry.
Find out more about new investments in Europe’s starch industry at CMT’s 4th Starch World Europe on 16-18 October, 2019 in Copenhagen, Denmark.
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