portal
  Home About us Reports Charts News Custom Company Scan  
Report Charts News
*
Title Content
Economy&Goods
  Economy
  ConsumerGoods
  Food&Beverage
  Agriculture
Life Sciences
  Biotechnology
  Medical
  Pharmaceutical
Manufacturing
  Automotive
  Chemical
  Energy
  Machinery
  Material
  Metals & Minerals
Public Sector
  Environment
  Finance Service
  Infrastructure
  Logistics
  Real Estate
  Retailing
  Tourism
  Training
Technology And Media
  Electronics
  Internet
  Hardware
  Media
  Software
  Telecommunications

Tel: 0086-10-82600828
Fax: 0086-10-82601570
Email:


 Layn Natural Ingredients Wins Cargill Contract
 
CreateTime:2011-11-07     Source:capitalvue.com Editor:litingting
Text Size:       
 

November 4 -- Natural botanical ingredients producer Guilin Layn Natural Ingredients (002166.SZ) and its wholly-controlled subsidiary, Layn USA, signed a long-term contract with Cargill to supply stevioside, a natural sweetener, reports yicai.com, citing a company filing.

Cargill appointed Layin Natural Ingredients as the sole supplier of stevioside, and will procure up to $5 million worth of stevioside in 2012, with procurement value rising to a maximum of $10 million the year after.

The agreement is valid till November 1, 2013.

The contract has a clause which states that Layn and its subsidiary will be prohibited from producing such goods for its own use, or for other third parties.

Layn had established its U.S. subsidiary in California, with a registered capital of $1 million.

According to the company, the contract will not have a huge impact on its 2011 performance.


Related Reports
China Pharmaceutical Glass Packaging Industry Report, 2014-2017
2005-2021 www.researchinchina.com All Rights Reserved 京ICP备05069564号-1