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GEM

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Alias Born 07/22/2011

GEM

Re: daiello post# 650

Friday, 08/02/2013 11:44:46 AM

Friday, August 02, 2013 11:44:46 AM

Post# of 771
$RPBC~~~Cargill, supplier of COKE, owns 10% of RPBC

Check it...

http://seekingalpha.com/article/1262431-cargill-makes-a-big-investment-in-the-future-of-stevia?source=yahoo

In what could be a major change in the method that companies use to extract the sweet steviol glycosides in the stevia plant, U.S.-based Cargill and the Swiss company, Evolva Holdings Sa (EVE.SW), have agreed to join together to develop fermentation-derived steviol glycosides, which will enable the production of better tasting and less expensive stevia products. Stevia is the fastest growing natural zero-calorie sugar substitute on the market. The total global sweetener market is estimated to be over $58 billion a year, and the global stevia market in 2011 reached between $800 million and $2 billion.

Cargill, the international producer and marketer of food, agricultural, and industrial products is one of the leading stevia manufacturers, and together with the Coca-Cola Company (KO) developed the stevia product Truvia, which can be found in Coke's stevia-based products. The announced agreement, in which Cargill will invest approximately $5.3 million in Evolva, could have ramifications throughout the stevia growing and producing world, as the fermentation method seeks to move stevia from the more expensive and labor-intensive farm-based production, to a less costly, less labor intensive, more reliable, and better tasting product via the fermentation process.

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