Veena Annadana
Well-Known Member
European Approval of Stevia Opens New Opportunities for GLG Life Tech Corp. (GLGL)
Posted by QualityStocks on Nov 14, 2011 | No comment
GLG Life Tech Corp. (NASDAQ:GLGL) is a global leader in the supply of high purity stevia extracts – an all-natural, zero calorie sweetener used in food and beverages. The company’s operations cover each step in the supply chain, from the stevia plant to marketing and distribution of the finished product.
The company announced today that the European Parliament and the Council of Ministers have formally adopted the regulation to allow the use of steviol glycosides in the European Union this year. The regulation will take effect 20 days after it is published in the EU Official Journal.
This decision means that consumers across Europe could begin seeing products sweetened with steviol glycosides as early as December 3. The decision by the EU Parliament was seconded by the European Food Safety Authority. And it confirms the long standing position held by the Joint FAO/WHO Expert Committee on Food Additives (JECFA) that steviol glycosides are safe for everyone to consume and are suitable as sweetening options for diabetics.
Now that stevia has approval, GLG will begin distributing it across Europe through previously established agreements with seven distributors. The companies involved in the distribution of stevia include: PK Chemicals, Nordmann, Rassmann GmbH, Keyser & Mackay, ChemPoint.com, Caldic Ingredients B.V., Emilio Pena SA and Gusto Faravelli S.P.A.
Article written by QualityStocks — Visit stock newsletters for smallcap companies for more emerging growth companies to discover and evaluate.
Read more: European Approval of Stevia Opens New Opportunities for GLG Life Tech Corp. (GLGL) | Beacon Equity: Penny Stocks, Stock Alerts
Source: European Approval of Stevia Opens New Opportunities for GLG Life Tech Corp. (GLGL) | Beacon Equity: Penny Stocks, Stock Alerts
Posted by QualityStocks on Nov 14, 2011 | No comment
GLG Life Tech Corp. (NASDAQ:GLGL) is a global leader in the supply of high purity stevia extracts – an all-natural, zero calorie sweetener used in food and beverages. The company’s operations cover each step in the supply chain, from the stevia plant to marketing and distribution of the finished product.
The company announced today that the European Parliament and the Council of Ministers have formally adopted the regulation to allow the use of steviol glycosides in the European Union this year. The regulation will take effect 20 days after it is published in the EU Official Journal.
This decision means that consumers across Europe could begin seeing products sweetened with steviol glycosides as early as December 3. The decision by the EU Parliament was seconded by the European Food Safety Authority. And it confirms the long standing position held by the Joint FAO/WHO Expert Committee on Food Additives (JECFA) that steviol glycosides are safe for everyone to consume and are suitable as sweetening options for diabetics.
Now that stevia has approval, GLG will begin distributing it across Europe through previously established agreements with seven distributors. The companies involved in the distribution of stevia include: PK Chemicals, Nordmann, Rassmann GmbH, Keyser & Mackay, ChemPoint.com, Caldic Ingredients B.V., Emilio Pena SA and Gusto Faravelli S.P.A.
Article written by QualityStocks — Visit stock newsletters for smallcap companies for more emerging growth companies to discover and evaluate.
Read more: European Approval of Stevia Opens New Opportunities for GLG Life Tech Corp. (GLGL) | Beacon Equity: Penny Stocks, Stock Alerts
Source: European Approval of Stevia Opens New Opportunities for GLG Life Tech Corp. (GLGL) | Beacon Equity: Penny Stocks, Stock Alerts