India's Largest Database on New Projects
Palsgaard mulls new emulsifier factory
9 February 2011: Palsgaard, a Denmark based food ingredient supplier is setting up a new $30 million (approx Rs 135 crore) emulsifier factory in Asia, with production scheduled to start in the second half of 2012.
Although the precise location of the cutting-edge 20,000 million tonne facility is yet to be finalised, the company has reportedly narrowed the choice down to either Malaysia or neighbouring Singapore.
The factory will solely supply the Asian region, and said the move was logical, enabling the firm to effect logistical savings by situating a dedicated production facility within a major growth market, with closeness to key raw materials such as palm oil.
Palsgaard is a specialist manufacture of emulsifiers, stabilisers and other specialised ingredients for bakery, dairy, chocolate, ice cream, margarine and fine food applications, and Brix said demand for prepared food was driving Asian demand.
Source: Apfoodtechnology