Following a three year multi-million-dollar investment in new lines, equipment and process and supply optimization strategies, Lycored said it has expanded its tomato-based lycopene production to meet the "unprecedented demand." The new production plant will increase Lycored’s current color formulation capacity, reducing carbon footprint, and support expansion and supply into additional markets in Asia and the Middle East, the company said. Lycored also announced plans to work with a third party in the Southern Hemisphere to provide higher product availability year round. Color applications vary across several segments including functional and vegan foods, beverages, and beauty products.
“The expansion of our lycopene production follows a period of strategic equipment investments and improvements in tomato usage during key harvest periods," said Patishi-Chilim in the press release. “These changes ensure that we have the expertise and the capacity to meet the needs of our customers looking for natural color, active health ingredients and taste-enhancing solutions.”
