Category: Investment, Agriculture
Stevia Stock Alert: Sunwin Stevia (OTCQB: SUWN) Expands Production Facility: Health Canada Approval and EU Approval Step Up Global Demand For Stevia
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News about: Sunwin Stevia International (OTCQB:SUWN)
Point Roberts, WA - December 4, 2012 (Investorideas.com Newswire) Investorideas.com staff: Investorideas.com, an investor research portal specializing in sector research for independent investors issues a news and trading alert for agriculture stevia stock, Sunwin Stevia International, Inc. (OTCQB:SUWN). Yesterday the Company announced the installation of new High tech production lines to expand stevia production capacity to 1,300 Metric Tons.
The stock moved to .$0.30 in Tuesday morning trading following the news, making recent new highs.
Stevia made headlines as Health Canada approved stevia November 30th as an additive to food and beverages. FoodIngrediantsfirst.com reported November 28 th referencing Sunwin's . (OTCQB:SUWN) marketing partner, WILD Flavors, “One year after the European Union granted approval for steviolglycosides to be marketed, WILD has noted positive interim results. The great-taste expert has worked with customers to create a number of stevia-sweetened products that have been market successes -- everything from beverages to candies.”
Sunwin began its expansion project in April 2012 in anticipation of an improvement in demand in the coming years as the use of stevia as a healthy low calorie sweetener continues to increase across the globe. Sunwin has begun trial production of its new lines and anticipates its added production capabilities to be fully operational in the first quarter of calendar 2013.
The completion of this high tech expansion of its production facilities brings Sunwin's total bulk stevia production capacity to 1,300 metric tons, including 500 metric tons of high grade stevioside products (Rabaudioside 60, 80, 95, 98, and 99) and 500 metric tons of steviosin which is a stevioside extract used in the pharmaceutical industry.
Sunwin's new stevioside extraction line uses a state of the art crystallization process that substantially reduces the production time while increasing product yield. Sunwin believes this process will lead to a substantial reduction in overall processing costs as utilization rates increase. In addition, Sunwin's facilities are now capable of producing 500 metric tons of stevioside in granular and tablet forms on an annual basis. Demand for stevia in these forms has been increasing and management believes Sunwin is now poised to capitalize on this industry trend.
Article source: http://www.foodingredientsfirst.com/news/Wild-Sees-Positive-Interim-Results-One-Year-After-Stevia-Approval.html
About Sunwin Stevia International, Inc.
Sunwin Stevia International, Inc. engages in the areas of zero calorie, all natural sweeteners (Sunwin Stevia™ Extracts). As an industry leader in agricultural processing, Sunwin has built an integrated global firm with the sourcing and production capabilities to meet the needs of consumers throughout the world. For more info about Sunwin, please visit http://www.sunwininternational.com
About WILD Flavors GmbH,
WILD Flavors GmbH, based in Zug, Switzerland, is one of the world's leading privately-owned manufacturers of natural ingredients for the food and beverage industry. WILD Flavors provides specific flavors, colors, and ingredients as well as innovative and great tasting concepts through application expertise and technological advancements. For more information about WILD, please visit: www.wildflavors.com or www.wild.de.
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