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Market Updates

LycoRed Opens New Plant in China

Israel-based LycoRed Ltd. is opening a new plant in Changzhou, China; it will be available for commercial production by the end of 2011. The facility will produce a wide range of premixes for the food and beverage industry for nutritional fortification covering the Asian market.

Research conducted by LycoRed shows a growing demand for nutritional premixes in Asia Pacific, in addition to accelerated demand for Lyc-O-Mato in Japan, China and Thailand. These finding encouraged LycoRed management to build the new facility in China and to allow the company to establish and develop closer partnerships with key suppliers and provide comprehensive healthy ingredient and premix solutions.

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