30 Jan 2017 07:00
30 January 2017
PureCircle Limited
Removal of Restriction on PureCircle Stevia Imports into the U.S.
PureCircle (LSE: PURE), the world's leading producer and marketer of high purity stevia ingredients, welcomes confirmation that the U.S. Customs and Border Protection ('CBP') has removed PureCircle from the Withhold Release Order ('WRO'). The company's trade with its U.S. based customers, which represented one third of the company's sales in its last financial year, can now resume on a regular basis.
Commenting, the Group CEO Magomet Malsagov said:
"We understand, and fully support, the CBP's commitment to ensuring that forced labour is never used in the production of any products imported into the USA. We are pleased that this matter has been rigorously investigated and that PureCircle has been cleared by the CBP.
This experience has only reinforced our commitment to human rights and fair labour practices in any of our markets as well as strengthened our capabilities in providing traceability and transparency as the stevia industry's only vertically integrated natural supply chain."
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Notes to Editors PureCircle is the world's leading producer of high-purity stevia ingredients for the global food and beverage industry. Its mission is to encourage healthier diets around the world through the supply of natural ingredients to the global food and beverage industry. Its vision is to lead the global expansion of stevia as the next mass volume, natural-origin sweetener. PureCircle has offices around the world with the global headquarters in Kuala Lumpur, Malaysia. The Business was founded in 2002. PureCircle's shares are listed on the main market of the London Stock Exchange and trade under the ticker symbol PURE. For more information, visit: www.purecircle.com. |