Palsgaard invests in new emulsifier facility
Danish food ingredients supplier Palsgaard has revealed that it’s to build an emulsifier factory in Asia.
“Preliminary investigations and negotiations are now at such an advanced stage that we feel comfortable to announce our plans,” says company chairman Birger Brix. “In order to satisfy the increasing needs and demands of our customers for high quality emulsifiers and stabilisers produced in the Asian region, this is a natural move forward in Palsgaard’s strategic development plans.”
The factory will be located in Singapore or neighbour state Johor, Malaysia, depending on final investigations.
Palsgaard already has a fully equipped application centre in Singapore with pilot equipment within dairy, ice cream, bakery and soya milk products, and says the new factory will complete the facility.
The factory is designed ‘according to the latest and most modern standards in terms of production technology, energy consumption and environmental influence’, says Palsgaard. The investment is budgeted for £18.5 million (€21.7m), and production will start in the second half of 2012.