Dynamic Food Ingredients, Mitr Phol Group partner in natural sweetener solutions
Paul Magnotto, founder and chief executive officer of Chaska, Minn.-based Dynamic Food Ingredients, and Krisda Monthienvichienchai, chief executive officer of Mitr Phol Group, Bangkok, China, jointly announced that the companies have reached a strategic investment and partnership agreement to expand production of their natural sweeteners: erythritol and xylitol. Currently, erythritol and xylitol account for approximately 4.5 percent of the total polyol (sugar alcohol) market, or 0.0385 percent of the total world sweetener market, the companies say. Magnotto said in a statement: “We are very excited about this partnership and Mitr Phol’s investment. It will allow us to significantly expand our innovative, patented electrochemistry platform to transform common sugars into low-calorie products found in nature, without compromising taste. … It will allow us to bring scientifically validated, better-for-you natural sweeteners to consumers around the world who are looking for ways to eat healthier, capitalizing on the global trend away from artificial sweeteners to natural sweeteners.”
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