Market Brief
Cargill Plans Pectin Project in Brazil, an Industrial Info Market Brief
A planned $150 million pectin plant by Cargill in Brazil marks the largest investment of this kind in Latin America.
Released Wednesday, June 19, 2019
A planned $150 million pectin plant by Cargill in Brazil marks the largest investment of this kind in Latin America. The plant will help meet market demand for high-quality pectin, which is used as a setting agent in jams and jellies. Brazil has been chosen as the location for the new facility because of its abundance of accessible citrus produce.
Cargill plans to complete the project by the end of 2021. Industrial Info is tracking 26 Cargill projects valued at more than $746 million in Brazil. Click here for the list of projects.
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