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Fooditive® BV and Frutco AG, are pleased to announce a partnership to bring the Fooditive® banana sweetener line to Europe. Fooditive B.V. confirms its commitment to the fight against “food waste” and for more sustainability, and its promise to supply consumers with products of the highest quality. Frutco® is one of the largest processed tropical fruit companies in Europe, the Middle East, Africa and South America. As an exclusive partner, Frutco® will use the Fooditive production methods for bananas, and the Fooditive® banana sweeteners will be industrially manufactured and distributed.

Investing in a sustainable use of resources in the food industry, using affordable technologies, supports our customers in minimizing their CO2 footprint. In order to further strengthen their commitment in the fight against “food waste” and for sustainability in the food industry. Fooditive® and Frutco® AG, is constructing a multi waste- and residues-based biodiesel plant that can handle all banana side streams and tropical fruits as the aim of group of companies has a plant for continuous fermentation. It will process the side streams – including those from banana processing, but also from other tropical fruits – into fruit extracts and sweeteners.

Sustainable future

With the commitment and promise of Frutco® AG to deliver on sustainability and providing the world, with plant-based sustainable sweetener, that can improve our health and remove carbon emissions from the supply chain.

“Years ago, we made it our mission to be 100 % sustainable by 2030, making the world a better place bit by bit and doing our part. With Fooditive by our side, we are now expanding our product range and creating a new sweet world, but one that is resource efficient and healthier. We are confident that this project will allow us to achieve another milestone in continuing to conserve resources, protect the environment and strengthen the health of many people.” Ms. Claudia Lauener Hofer COO, Frutco® AG

The plant will use very latest technology of Fooditive® B.V. that enables the processing of all types of fruits and vegetables side stream, including by-products from food processing, and waste from the food industry, and non-food crops grown on marginal land. Banana sweetener will be product that provide functionalities, taste and fiber intake that will provide products better sugar substitutes.

“ This project will be the leading future for better world, a world in which we use all types of plant-based side streams that can make and improve people life providing food ingredients that are healthy and sustainable  , our project with Frutco AG is the promise for delivering the product with the highest standers and only the best business partners” says Moayad Abushokhedim – CEO, Fooditive® B.V.

By combining the passion from Fooditive® and Frutco® AG expertise’s and culture of innovation with the capabilities of critical partners from food industry, we have introduced products that strengthen the future of food and use the world innovation to make big impact.

The project and production capacity will be the ground breaking on the industry that uses first continues fermentation to produce sweeteners and functional ingredients . Project will commence in January 2021, with the plant due to open in mid 2022. The new facility will create around new direct jobs and ability to provide healthier options for food industry that has challenges.

Mexifrutas and ct Finance AG (with its subsidiary Frutco AG) have signed an agreement for close collaboration in various fields.

Mexifrutas is working in the field of processing of tropical fruits in Mexico and Costa Rica. Mexifrutas will open a new factory for banana puree and pineapple juice NFC as well as -concentrate in Costa Rica in early 2020. Mexifrutas main market is North America.

ct Finance AG is managing a group of companies, which are working in the field of farming, farm management, processing and marketing of raw material and retail products. ct Finance AG main market is Europe.

In the first step, Frutco AG as subsidiary of ct Finance AG, will market banana puree of Mexifrutas in Europe and Middle East. Customers who were previously served directly by Mexifrutas will continue to be supported on this journey. In Summer 2020 Frutco will open as well a processing plant for banana puree In Colombia. Both groups have control over large plantations of bananas to fulfill the request of multinational customers to secure resources for them.

For the customers these two origins have a great advantage:

  • Risk reduction because of Storms, Political issues, Force Majeure
  • Best Customer Service by language, at place just in time

Both parties have hands on the raw material – security of supply – transparent supply chains and food safety.

For the 8th consequtive year already, the AIM took place from 9th-11th April 2018 at Dubai World Trade Center and is considered to be the leading interntaional direct investors meeting. More then 100 influencial and innovative experts participated at the conference to learn and discuss about the trends and innvocation of direct investments as a tool to guarantuee longterm competitiveness. The Conference was initiated and established by the United Arab Emirates Ministry of Economics to secure and promote innovative and direct investments longterm.

Claudia Lauener and Frank Hofer, nomenees and representatives of swiss-based Frutco AG, were proudly handed over the AIM Runner-up Investment Award 2018 for the best direct investment in Latinamerica, supported by nicaraguan ambassador Mohamed Lashtar.

The 20 Million Dollar project CHIMACO AG (farms) and Frutco de Las Americas SA (processing) has become an epicenter of sustainability for trainings, education and farming in regards of Maracuya. CHIMACO stands for Chinandega Maracuya Company and employs more then 100 people.

Frutco AG and CHIMACO currently produce on 200 hectares of farmland. As soon as the processing plant of Frutco de Las Americas SA, a joint-venture of Swiss based CT Finance AG and Nicaragua based Grupo Coen will be ready for production, additional independent producers for Maracuya, Guava and Bananas will join the project with a production plan of more then 1.500 hectares, ready to produce purees, concenrates and juices. Grupo Coen will dedicate 2.000 hectares of extra land to the project. In addition to that, enough land can be added for portential future projects.