Wayzata, MN and King of Prussia, PA – (December 12, 2019) – Food and beverage manufacturers looking to meet consumer demand for great-tasting, label-friendly ingredients may have new options in the near future. Cargill and Renmatix have signed a joint development agreement (JDA) to explore a novel approach for making functional food ingredients from unused plant materials.
“Renmatix’s Plantrose® Process, which uses only water, heat and pressure, supports our commitment to help customers deliver food and beverage products that are label-friendly, sustainable and cost-effective,” said Bruce McGoogan, Cargill strategy and business development leader. “The fact that this simple process can economically and efficiently deconstruct plant materials and convert them into functional food ingredients is a solution we’re excited to explore in order to help us feed the world.”
The two companies will use Renmatix’s Plantrose Process, which is a proprietary, water-based technology, and Cargill’s preferred feedstocks to make highly functional food ingredients. As part of the JDA, Cargill will also contribute its deep food applications expertise and market access to better understand the technical and commercial potential of these new ingredients. The process will be tested at Renmatix’s facility in Kennesaw, Ga. Cargill plans to market test the materials with Cargill customers globally.
“The food industry is increasingly turning to plant-based ingredients to deliver a wide variety of benefits, including great taste, functionality and label-friendly appeal. Upcycling, the process of transforming unused feedstocks into new, higher-value materials, is the next step in creating a more sustainable value chain and generating exciting new product benefits,” said Renmatix CEO Mike Hamilton. “We look forward to working with an industry leader like Cargill to develop new materials that bring these benefits to more food producers.” Renmatix introduced Nouravant™ (maple fiber) this summer to the food industry and is seeing growing interest in the emulsification and freshness extending benefits of this ingredient.
Cargill's 155,000 employees across 70 countries work relentlessly to achieve our purpose of nourishing the world in a safe, responsible and sustainable way. Every day, we connect farmers with markets, customers with ingredients, and people and animals with the food they need to thrive.
We combine 153 years of experience with new technologies and insights to serve as a trusted partner for food, agriculture, financial and industrial customers in more than 125 countries. Side-by-side, we are building a stronger, sustainable future for agriculture. For more information, visit Cargill.com and our News Center.
Renmatix, Inc. has developed the Plantrose® Process, which converts plant materials into valuable, multifunctional ingredients for a wide range of applications, including food and beauty. Winner of the 20th anniversary Presidential Green Chemistry Award, the proprietary Plantrose® process challenges conventional production economics by using super critical water in converting plant-based feedstocks, including lower value materials and by-products, into high performing, cost advantaged ingredients. Renmatix is privately held, with operations in Georgia, New York and Pennsylvania (USA). For more information, visit renmatix.com.
Kelly Sheehan, Cargill Communications
Kelly_Sheehan@Cargill.com | (952) 742-4204
Alison Mickey, Mission Control Communications
email@example.com | (202) 316-9891
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