Loss-making stevia supplier GLG Life Tech has reassured investors that it is still “very much” in business in a Q&A document designed to answer questions about its financial affairs.
Taste issues and high cost repeatedly have been raised as possible obstacles to widespread acceptance of stevia-derived sweeteners, but one of the many new suppliers entering the market claims that these are no longer the hurdles they once were.
Stevia supplier GLG Life Tech has partnered with International Flavors and Fragrances (IFF) to extract and supply Rebaudioside C (Reb C) for use by IFF as a flavor modulator, the company said.
Stevia supplier GLG Life Tech has said its new generation of stevia seeds, which contain a high concentration of rebaudioside A, is ready for commercial planting for the next season in 2011.
Stevia supplier GLG Life Tech has announced an agreement with a Mexican sugar producer for the distribution of the plant-derived sweetener in that country, following on from recent similar deals for the company in Australasia and South America.