{"id":6846,"date":"2023-11-20T11:00:00","date_gmt":"2023-11-20T10:00:00","guid":{"rendered":"https:\/\/www.nordzucker.com\/en\/?post_type=news_article&#038;p=6846"},"modified":"2023-11-20T09:46:43","modified_gmt":"2023-11-20T08:46:43","slug":"new-business-segment-nordzucker-invests-in-plant-based-proteins-new-plant-goes-into-operation-in-2026","status":"publish","type":"news_article","link":"https:\/\/www.nordzucker.com\/en\/news\/new-business-segment-nordzucker-invests-in-plant-based-proteins-new-plant-goes-into-operation-in-2026\/","title":{"rendered":"New business segment: Nordzucker invests in plant-based proteins &#8211; new plant goes into operation in 2026\u00a0\u00a0"},"content":{"rendered":"<figure>\n\t\t\t<img decoding=\"async\" src=\"https:\/\/www.nordzucker.com\/en\/wp-content\/uploads\/2023\/11\/230707-Erbsen-Berater-9-web-scaled.jpg\" class=\"max-w-full\" \/>\n\t\t<\/figure>\n\n\n<div class=\"py-4 text-xl leading-8\">\n\tNordzucker continues to grow and is expanding its portfolio. The company is investing more than 100 million Euro in the production of plant-based pro-teins. Nordzucker will put a new plant into operation for this new business segment at its site in Gro\u00df Munzel, Lower Saxony, by mid-2026. The expan-sion will create around 60 additional jobs.<\/div>\n\n\n<p>&#8220;Plant-based nutrition will play an increasingly important role in the future. The market is growing rapidly. With plant-based proteins, we see a great opportunity to participate in this future market,&#8221; says Lars Gorissen, Chief Executive Officer of Nordzucker. &#8220;We are supplementing our portfolio with a product that fits in well with our core competences and are thus consistently pursuing our growth strategy.&#8221; In view of changing eating habits and the trend towards meat, egg and milk substitutes, entering this new business segment is a step with very attractive prospects.<\/p>\n\n\n\n<p>The Supervisory Board of Nordzucker AG supports the entry into the new business segment and the expansion of production capacity at the site in Gro\u00df Munzel. &#8220;The market has enormous potential, Nordzucker has the expertise and close links to growers. The Supervisory Board therefore sees excellent growth prospects and is convinced of the company&#8217;s investment,&#8221; emphasises Jochen Johannes Juister, Chairman of the Supervisory Board of Nordzucker AG.&nbsp;<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Economical and sustainable production<\/strong><\/h4>\n\n\n\n<p>Nordzucker relies in particular on the yellow pea from regional cultivation for the production of plant-based proteins. It fulfils all the requirements for economical and sustainable production, explains Gorissen. &#8220;It can be grown in many regions and fits well into the crop rotations of farms.&#8221; Nordzucker can produce peas all year round due to their good shelf life.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Pea proteins: Ingredient for industrial processing<\/strong><\/h4>\n\n\n\n<p>The pea proteins are to be marketed as a concentrate and dry texturate for further processing in the food and animal feed industry. Texturates, for example, can be used in a variety of ways, serving as a source of protein and as a texturiser in plant-based foods. &#8220;We will produce and sell pea proteins as an ingredient for further processing,&#8221; says Alexander Godow, Chief Operating Officer. &#8220;Thanks to our roots in agriculture, we are able to reliably supply our customers with large quantities from regional and sustainable cultivation and in consistently good quality.&#8221; Products for end consumers are not planned.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Double-digit growth expected<\/strong><\/h4>\n\n\n\n<p>Nordzucker is planning to invest more than 100 million Euro in the development of the new business segment. &#8220;We expect double-digit growth rates per year in the pea protein concentrates and texturates segment. That is why we are now also setting a fast pace in terms of implementation&#8221;, emphasises Chief Financial Officer Alexander Bott.<\/p>\n\n\n\n<p>The choice of location plays an important role here. The construction of new production capacities in Gro\u00df Munzel is scheduled to begin in autumn 2024. &#8220;As this is a Nordzucker site, we benefit from the existing infrastructure,&#8221; says Alexander Godow. The site has good transport links. This provides good access to raw materials from many arable farming regions and to sales markets. Commissioning is planned for mid-2026.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;Plant-based nutrition will play an increasingly important role in the future. The market is growing rapidly. With plant-based proteins, we see a great opportunity to [&hellip;]<\/p>\n","protected":false},"template":"","acf":[],"_links":{"self":[{"href":"https:\/\/www.nordzucker.com\/en\/wp-json\/wp\/v2\/news_article\/6846"}],"collection":[{"href":"https:\/\/www.nordzucker.com\/en\/wp-json\/wp\/v2\/news_article"}],"about":[{"href":"https:\/\/www.nordzucker.com\/en\/wp-json\/wp\/v2\/types\/news_article"}],"version-history":[{"count":9,"href":"https:\/\/www.nordzucker.com\/en\/wp-json\/wp\/v2\/news_article\/6846\/revisions"}],"predecessor-version":[{"id":6881,"href":"https:\/\/www.nordzucker.com\/en\/wp-json\/wp\/v2\/news_article\/6846\/revisions\/6881"}],"wp:attachment":[{"href":"https:\/\/www.nordzucker.com\/en\/wp-json\/wp\/v2\/media?parent=6846"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}