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new Deals with biggest Austrial Sugar Company and Deal in Latin America http://www.reuters.com/article/idCAN1623458520100416?rpc=44 Signs deals with Sugar Australia and Essentia Stevia * Stevia market worth about $500 million in 2009 (Adds details; in U.S. dollars) TORONTO, April 16 (Reuters) - Canada's GLG Life Tech (GLG.TO) said on Friday that it had reached agreements in Australia and Latin America to distribute its stevia line of natural sweeteners. The Vancouver-based company signed an agreement with Essentia Stevia for the distribution and marketing of GLG's high stevia extracts in 18 countries throughout Latin America. The second agreement, with leading Australian sugar refiner Sugar Australia, is subject to certain conditions. The value of the deals was not available. The value of the global sweetener market was estimated at about $58.3 billion in 2009, with sugar accounting for about $52.3 billion and all other sweeteners, about $6 billion. The current global stevia market is about $500 million, but is expected to reach $2 billion by the end of 2011. ($1=$1.00 Canadian) (Reporting by Scott Anderson; Editing by Lisa Von Ahn) |
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| aus der Diskussion: | GLG LIFE - Prepare for the stevia run..... |
| Autor (Datum des Eintrages): | Neutracist (18.04.10 23:59:18) |
| Beitrag: | 31 von 41 (ID:39358505) |
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