PureCircle
| File:PureCircle logo.jpeg | |
| Company type | Public |
|---|---|
| LSE: PURE | |
| Industry | Food and beverage |
| Founded | 2001 |
| Headquarters | Bandar Enstek, Malaysia |
Key people | Magomet Malsagov (CEO) |
| Products | Sweeteners |
| Revenue | $101.1 million (2014) |
| Website | http://www.purecircle.com |
PureCircle Ltd is an investment holding company that is a major provider of natural sweeteners to the global food and beverage industry. Through its operating subsidiaries, PureCircle produces, markets, and distributes natural sweeteners and flavors, principally high-purity stevia products.[1]
Operations
PureCircle is currently (2014) one of the largest producers of stevia ingredients for food and beverage companies.[2] The company oversees production of stevia in Asia, Africa, and the Americas, and works with producers to promote the use of sustainable practices at each step of the production and distribution process.[3]
In 2012, PureCircle announced a joint development agreement with the Coca-Cola Co. to investigate new forms of stevia and to provide stevia for future beverage products.[4] In 2013 the company said it would be providing provide a new high-purity Rebaudioside M sweetener (Reb M) for the production of Coca-Cola Life in the United Kingdom, United States, and other countries starting in 2014.[5][6]
Recognition and Awards
PureCircle’s achievements have been recognized by the readers of the Financial Times Investors Chronicle who in 2009 voted PureCircle as AIM International Company of the Year.[7] In 2014, PureCircle received the World Dairy Innovation Award for Best Environmental Sustainability Initiative at the 8th World Dairy Congress.[8][9] PureCircle won the 2014 "Sustainability Commercialized"[10] Award from Ethical Corporation, a global publication dedicated to corporate social responsibility. PureCircle has also been nominated as a finalist for its sustainability effort at Food Ingredients Europe (FiE) 2013[11] sustainability and World Beverage Innovation awards 2014.[12]
References
- ^ Corporate website retrieved 07-01-2014 http://purecircle.com/
- ^ London Stock Exchange retrieved 07-03-2014 http://www.londonstockexchange.com/exchange/prices-and-markets/stocks/summary/company-summary.html?fourWayKey=BMG7300G1096GBGBXAIM
- ^ "PureCircle reduces carbon footprint intensity 15%" 05-09-2014 retrieved 07-07-2014 http://beveragemanager.net/company-markets/item/531-purecircle-wins-prestigious-sustainability-award-during-global-dairy-congress
- ^ "Stevia set to be a 'mass volume, mainstream ingredient', says PureCircle after striking deal with Coca-Cola" 09-28-2012 retrieved 07-01-2014 http://www.foodnavigator-usa.com/Suppliers2/Stevia-set-to-be-a-mass-volume-mainstream-ingredient-says-PureCircle-after-striking-deal-with-Coca-Cola
- ^ "PureCircle and Coke get OK from FDA for Reb M stevia" 01-03-2014 retrieved 07-06-2014 http://www.foodnavigator-usa.com/Suppliers2/PureCircle-and-Coke-get-OK-from-FDA-for-Reb-M-stevia
- ^ "Stevia-Sweetened Coca-Cola Life To Be Launched In The U.S." 06-18-2014 retrieved 07-08-2014 http://www.forbes.com/sites/greatspeculations/2014/06/18/stevia-sweetened-coca-cola-life-to-be-launched-in-the-u-s/
- ^ FT and Investors Chronicle AIM Awards Categories for best AIM companies
- ^ "PureCircle Wins Prestigious Sustainability Award During Global Dairy Congress". Purecircle. Retrieved 12 July 2015.
- ^ "PureCircle wins World Dairy Innovation Award for Best Environmental Sustainability Initiative". nutraceuticalbusinessreview.com. Retrieved 12 July 2015.
- ^ "Press release: The 5th Annual Responsible Business Awards 2014 Winners Announced - Ethical Corporation". ethicalcorp.com. Retrieved 12 July 2015.
- ^ "PureCircle Wins Respected Sustainability Award". Yahoo Finance. 9 October 2014. Retrieved 12 July 2015.
- ^ "PureCircle Honored As Finalist At The World Beverage Innovation Awards For Sustainability Efforts". Purecircle. Retrieved 12 July 2015.