In this file:
· Leading the way in global trade
… China has lifted hundreds of millions of people out of poverty during the past 30 years and that is just unbelievable…
· Cargill Expands Food Starch Line-Up in 'Clean Label' Push
· Media Release: Cargill introduces SimPure™ functional native starches to address consumer demand for label-friendly products
Leading the way in global trade
Note: The Communist Party of China will hold its 19th National Congress on Oct 18. In the runup to the meeting, China Daily interviewed business leaders from major multinational companies for their views on economic developments here and the country's global leadership role.
Robert Aspell is the president of Cargill Investments (China) Ltd, which is part of the privately owned Cargill corporation based in the United States.
How do you view China's role in the world today?
Two major issues have illustrated the country's global position. Economically, China has become the voice of global trade－a leader in this field. There is no doubt about that.
Another crucial area which has generated a great deal of debate concerns environmental issues, such as global warming. As we know, the country is a leader in renewable energy, which is vital in combating the problem. Scientists have made it clear that the world is getting warmer and the hot summer in Shanghai this year underlined that.
Could China's experiences and practices be used to solve pressing global problems?
As we know, China has lifted hundreds of millions of people out of poverty during the past 30 years and that is just unbelievable.
The rest of the world has also benefited from what China has achieved. But it might be difficult to replicate that success in other parts of the global. What works for China might not work for other economies and nations.
Still, I do believe that one of the most important things that I have seen here involves the educational sector. One thing that can transcend borders is education. And I am very impressed by way the country has gone about this. In China, you can have access to education regardless of your economic status.
What will China be like in five years time and what is the country's long-term future? ...
What is the most unforgettable experience you have had in China? ...
What factors will boost growth this year and in 2018, and what are the challenges facing China's economy? ...
Cargill Expands Food Starch Line-Up in 'Clean Label' Push
Reporting by Chris Prentice; Editing by Frances Kerry, Reuters
via The New York Times - Oct 10, 2017
NEW YORK — Global commodities trader Cargill Inc [CARG.UL] said on Tuesday it will increase its offerings of starch product options, seeking to capture rising demand for simpler ingredients and to meet changing consumer tastes.
The Minneapolis-based agribusiness will now sell new "native starches" produced from plants such as corn and wheat, as an alternative to more processed starch derivatives used to bulk up food products such as pasta sauce.
"Consumers are scrutinizing labels, looking for products made with plain ingredients they know," a Cargill spokeswoman said in a statement. "This caused many food manufacturers to reconsider the use of modified food starch."
The boost in "label-friendly" ingredients comes amid a broader push for diversification as Cargill and other merchants battle tight margins amid excess grain supplies. It said in September that gains in its starch business helped boost food processing earnings last quarter.
Large food manufacturers have been facing weakening growth in demand for packaged foods as consumers in the United States and Europe increasingly seek to curb consumption of sugar, genetically-engineered (GMO) and artificial ingredients.
A Reuters/Ipsos poll conducted in July showed that nearly half of U.S. respondents said they would consider paying more for foods with "recognizable ingredients."
Also on Tuesday, rival Archer Daniels Midland Co said...
Cargill introduces SimPure™ functional native starches to address consumer demand for label-friendly products
First product in the SimPure™ portfolio designed for convenience products, frozen foods
via PRNewswire - Oct 10, 2017
MINNEAPOLIS, Oct. 10, 2017 /PRNewswire/ -- In response to growing consumer demand for simple, familiar ingredients, Cargill is launching a portfolio of functional native starches under the new SimPure™ brand. SimPure offers food and beverage manufacturers tailor-made, functional native starches that deliver the simple ingredient label consumers want, along with greater process tolerance, shelf life and storage stability. The product line will be available worldwide.
"Consumers increasingly want to know what is in their food and are turning to product labels to better inform themselves," says Simon Waters, Global Food Starch leader, Cargill. "Cargill's SimPure functional native starches, coupled with our integrated formulation and technical expertise, will allow food manufacturers to deliver on consumer demands for label-friendly products with great taste and texture.
For years, modified starches served as the workhorses of the texturizing world, solving a host of food processing dilemmas. However, as part of changing consumer preferences, many customers want to remove modified starch from their product labels.
"Through extensive research to identify new starch sources, create new processing techniques and evaluate new combinations of native starches, Cargill's food scientists developed the SimPure line, offering innovative solutions to these difficult texturizing challenges," explains Denis Palacioglu, EMEA Starch product line director, Cargill.
Introducing SimPure™ 99560
The first product in the SimPure portfolio, SimPure™ 99560, was created for use in culinary and convenience applications, such as frozen foods. A custom starch blend of various botanical sources, SimPure 99560 can replace modified starches in frozen-ready meals, without compromising taste, texture or appearance.
Cargill recognized using a single starch often falls short in replicating the mouthfeel, texture and stability provided by modified starches in frozen prepared entrée sauces. The company's food scientists instead created a tailored system of starches, which deliver comparable performance. The result, patent-pending SimPure 99560, provides optimal freeze-heat stability in mild processing conditions, preventing water separation and producing stable functionality over time. It offers good viscosity in processing and microwave cooking stability. Equally important, SimPure 99560 maintains mouthfeel and texture, delivering on consumers' sensory expectations.
"As a global leader, we have the most diverse texturizing portfolio, backed by world-class formulation experts and a reliable supply chain, enabling us to create custom solutions like SimPure 99560 to address the application and marketplace needs of our customer partners," said Waters. "As we expand the SimPure product line, our food scientists will be creating similar ways to use familiar ingredients that provide the functional, label-friendly options our customers require."
Simple Ingredients. Pure Functionality.™
Cargill provides food, agriculture, financial and industrial products and services to the world. Together with farmers, customers, governments and communities, we help people thrive by applying our insights and 150 years of experience. We have 150,000 employees in 70 countries who are committed to feeding the world in a responsible way, reducing environmental impact and improving the communities where we live and work. For more information, visit Cargill.com and our News Center.
Cargill's texturizing business specializes in the production of texturizing ingredients that link the core food-building blocks (proteins, lipids, carbohydrates and water) into finished foods and beverages. Our plant-derived ingredients portfolio is comprised of extracts from major crops (starches, soy proteins and lecithins), seaweeds (carrageenans), fruits (pectins) and sugar fermentation (xanthan gum). These specialized ingredients are also applied to offerings in the personal care, pharmaceutical and industrial categories.
Through our expertise in origination, global supply chains, research and formulation, we help our customers achieve consistent product quality at an affordable price.
Our texturizing business is operational in all continents with 34 sales offices and 21 manufacturing plants (Brazil, China, France, Germany, Italy, Philippines, the Netherlands, the United States, Russia and Turkey).