BENEO invests $54 million in pulse-processing plant
BENEO, a manufacturers of functional ingredients, has announced a $54 million investment in a new pulse processing site in Offstein, Germany. The site will produce protein-rich pulse ingredients for food and animal feed. It will focus initially on protein concentrate, starch-rich flour, and hulls from Faba beans, with the option to process other pulses in the future. The new production site further strengthens the company’s plant-based protein portfolio and enables BENEO to meet the growing demand for plant-based food and feed ingredients.
Christoph Boettger, member of the executive board at BENEO said, “The recent investment by BENEO into a new pulse production site is only the starting point. We strongly believe in plant-based ingredients and therefore see the new plant as an important first step in enlarging our protein offering moving forward. This will enable us to produce a wider variety of sustainable plant-based protein ingredients over the coming years.”