Rising commodity costs are the main reason behind Solae’s decision to lift its global soy prices by between six to 10 per cent from April 1, 2011, according Reinhart Schmitt, vice president, Solae Europe.
Solae is seeking to build sales of its soy ingredients in Central
and Eastern Europe by spearheading applications that are new to the
market, such as dairy and meat replacement and nutrition bars.
Two new soy-based ingredients could allow
processors to replace higher-priced dairy
counterparts without significantly affecting nutrition and
taste, their manufacturer claims.
Soy protein giant Solae is building a manufacturing facility in
China in order to tap into the country's huge potential as a major
consumer of soy protein.
