BENEO invests $56 million in increasing capacity at Wijgmaal rice starch plant
50 percent capacity expansion of production facility in Belgium by 2022
BENEO has announced a 50 percent production capacity increase at its Wijgmaal, Belgium facility to respond to rising customer demand for its rice starches. A two-stage expansion process valued at $56 million, will lead to increased capacity by March 2022.
BENEO forecasts that the growing demand for natural and clean label products, in applications such as coated confectionery, will intensify in major existing markets, including the Americas and Europe. Rice is widely considered a familiar and recognizable product, with 61 percent of consumers worldwide regarding rice starch as natural, making it the ideal ingredient for the development of products that respond to the increasing trend for clean and clearer labels.