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    EANS-News  175  0 Kommentare AGRANA launches production of crystalline betaine at EUR 40 million plant in Tulln - IMAGE

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    Corporate news transmitted by euro adhoc with the aim of a Europe-wide
    distribution. The issuer is responsible for the content of this announcement.
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    World's third production facility for crystalline betaine set up under a joint
    venture between AGRANA and The Amalgamated Sugar Company (USA)

    Plant Openings/Company Information

    Vienna - The fruit, starch and sugar group AGRANA commences production of
    crystalline betaine at its Tulln site. The construction of the new betaine
    crystallisation plant directly next to the sugar refinery is being undertaken by
    Beta Pura GmbH, a joint venture between AGRANA and US-based "The Amalgamated
    Sugar Company". The financing of the new plant, which took 15 months to build,
    entailed the investment of around EUR 40 million. AGRANA has been processing the
    sugar beet molasses obtained during the production of sugar at its Tulln site to
    make liquid betaine concentrate since 2015. The new plant, with a production
    capacity of around 8,500 metric tons of crystalline betaine per year, makes
    Tulln only the third manufacturing site worldwide where natural crystalline
    betaine is produced.

    "We are delighted to announce the operational start of the betaine
    crystallisation plant under this joint venture. Despite several challenges
    during the construction phase as a result of COVID-19, we were able to complete
    the building work in August and to now start production. We look forward to now
    offering our customers in the cosmetics, food and animal feed sectors top
    quality crystalline betaine," explain the CEOs of AGRANA and Amalgamated Sugar,
    Johann Marihart and John McCreedy respectively. The largest sales markets for
    natural crystalline betaine are located in Asia, Australia and the Arabian
    region.

    About betaine
    The natural substance betaine, found in sugar beet molasses, is characterised by
    numerous positive characteristics and can be used in many applications. From a
    scientific perspective, betaine is a methyl donor with osmoregulatory
    properties, aids the liver to process fats, and biologically degrades the amino
    acid homocysteine, which can damage blood vessels when in high concentrations.
    Betaine is used not only in food supplements or sport drinks to promote muscle
    development, but also in livestock rearing as a component in animal feeds. Due
    to its osmoregulatory properties at a cellular level, betaine is also used in
    cosmetic products. In surfactants and detergent substances (e.g. shampoos and
    conditioners), betaine acts to stabilise the formation of foam and also
    conditions and strengthens hair slightly.


    About AGRANA

    AGRANA converts agricultural raw materials into high-quality foods and numerous
    industrial intermediate products. Around 9,400 employees at 56 production sites
    worldwide generate annual Group revenue of approximately EUR 2.5 billion.
    Established in 1988, the company is the world's market leader in fruit
    preparations and the leading producer of fruit juice concentrates in Europe. In
    addition, its Starch segment is also a major manufacturer of custom starch
    products and bioethanol. AGRANA is also the leading sugar producer in Central
    and Eastern Europe.


    About Amalgamated Sugar

    Amalgamated Sugar is the second-largest sugar beet producer in the USA, with a
    cooperative-based sugar beet acreage of around 73,000 hectares in Idaho, Oregon
    and Washington. Besides the production of around one million tonnes of sugar,
    Amalgamated Sugar also produces and sells animal feed. The company is the global
    leader in the technology for extracting crystalline betaine from sugar beet
    molasses.

    This announcement is available in German and English at www.agrana.com [http://
    www.agrana.com/].



    Further inquiry note:
    AGRANA Beteiligungs-AG


    Mag.(FH) Hannes Haider
    Investor Relations
    Tel.: +43-1-211 37-12905
    e-mail:hannes.haider@agrana.com


    Mag.(FH) Markus Simak
    Public Relations
    Tel.: +43-1-211 37-12084
    e-mail: markus.simak@agrana.com

    end of announcement euro adhoc
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    Pictures with Announcement:
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    http://resources.euroadhoc.com/images/2118/5/10578746/Foto_Betainkristallis_Anla
    ge_außen_.jpg

    issuer: AGRANA Beteiligungs-AG
    F.-W.-Raiffeisen-Platz 1
    A-1020 Wien
    phone: +43-1-21137-0
    FAX: +43-1-21137-12926
    mail: info.ab@agrana.com
    WWW: www.agrana.com
    ISIN: AT000AGRANA3
    indexes: WBI
    stockmarkets: Wien, Frankfurt, Stuttgart, Berlin
    language: English

    Additional content: http://presseportal.de/pm/63352/4724924
    OTS: AGRANA Beteiligungs-AG
    ISIN: AT0000603709



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    EANS-News AGRANA launches production of crystalline betaine at EUR 40 million plant in Tulln - IMAGE - Corporate news transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is responsible for the content of this announcement. - World's third production facility for crystalline betaine set up under a joint venture …