14 Jan 2010 09:09
PureCircle Limited
("PureCircle or "the Company")
PureCircle signs long term contract for expansion of Stevia production with leading Paraguayan Farmers' Cooperative
PureCircle (LSE: PURE), the world's leading producer of Natural High Intensity Sweeteners, including Reb A, has entered into a contract with the Cooperativa Colonias Unidas (CCU), a leading Paraguayan farmers' co-operative, for the production and supply of Stevia leaf.
The agreement between PureCircle South America SA (PCSA) and CCU underlines the commitment of both parties to the production of proprietary varieties of high quality Stevia, as international demand for the natural, zero calorie sweetener escalates.
Fernando Chilavert, Managing Director of PCSA said: "We are proud to partner with Colonias Unidas who bring a long commitment to agriculture in the region, a highly professional staff, and access to thousands of hectares with their associates for future expansion."
| Enquiries: | |
| PureCircle Limited (www.purecircle.com) |
|
| Magomet Malsagov, CEO | +60 1 2388 8049 |
| William Mitchell, CFO | +44 7974 005 163 |
| RFC Corporate Finance (NOMAD) | +61 8 9480 2500 |
| Steve Allen | |
| Ricardo Wollmeister Colonias Unidas (www.colonias.com.py) | +595-717 20251 |
| Westport Communications | +44 20 7065 2690 |
| Alan Frame | alan@westportcomms.com |
| Jeanette Bishop | jeanette@westportcomms.com |
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