The global Emulsifier manufacturer Palsgaard has announced an investment of $112 million at its Danish facility to double its production capacity by 2024.
- The expansion includes a new spray cooling tower will add a minimum additional 30,000 tonnes to the companys spray capacity and will be fully operational by first quarter 2023.
- The facility will be supported by the construction of multiple new reaction, distillation, and esterification plants.
- The expansion adds to the recently installed emulsifier pellet line with a capacity of 10,000 tonnes which is currently being commissioned.
In February 2020, Palsgaard had announced the takeover of Turkish food ingredients distributor Teknaroma. The Danish emulsifier ingredients supplier will acquire 90% of the companys shares, with Teknaromas previous owners retaining 10%. Palsgaard will now look to build on its operations in Turkey and the surrounding markets, focusing on offering high-quality products supported by a local application centre and the companies combined technical expertise.
Palsgaard headquartered in Palsgaardvej, Denmark, is a global emulsifier ingredients supplier. The company is only full-service emulsifier and stabiliser company, creating sustainably produced ingredients with specialised performance characteristics. The company has presence in more than 100 countries. With the help of the companys specialised emulsifiers, bakery, confectionery, condiments, dairy, ice cream, margarine and meat producers can improve the quality and extend the shelf-life of their products.