BENEO invests 4.3 million Euro in new plant
Date 03.15.2019 | Category: News
From left: Dr. Stephan Meeder (CFO CropEnergies), Christophe Lacroix (Mayor of Wanze), Christoph Boettger (Member of the Board BENEO) (photo: BENEO)
BENEO, one of the leading manufacturers of functional ingredients, has invested 4.3 million Euro into a new production plant for vegetal protein in Wanze, Belgium. The opening of the new facility was officially announced at an inauguration ceremony on Friday 1st March 2019 to mark the occasion. The plant is part of the existing BioWanze factory, a modern biorefinery producing food, feed and ethanol.
The move comes following growing demand for plant-based proteins worldwide as consumer interest in meat-free alternatives continues to rise. Christoph Boettger, Executive Board Member at BENEO, commented: “We are seeing a big shift in consumer diets as an increasing number of consumers actively try to reduce their meat intake and seek out alternatives. Wheat protein was the most-used plant-based protein in new meat substitute launches in 2018 and we see great potential for this market in 2019 and beyond.”
The new facility will be operated by BioWanze, a subsidiary of CropEnergies, the leading European manufacturer of sustainably produced ethanol. Its biorefinery in Belgium utilizes the entire raw material to produce high-quality food, feed and fuel with no waste.
Source: IngrediaAuthor: Sossna