Palsgaard enhances its Danish emulsifier operations with €100 million investment
Danish Emulsifier manufacturer Palsgaard is making a major investment of 750 million Danish Kroner (€100 million) to more than double production capacity at its headquarters over the next four years.
As the company confirmed to Confectionery Production, its additional facilities will include a new spray cooling tower adding 30,000 tonnes to its spray capacity, and will be fully operational by first quarter of 2023. This will be supported by the construction of multiple new reaction, distillation, and esterification plants.
The expansion, which enhances its work across the food sector, including a key series of products for the confectionery and bakery market, adds to the recently installed emulsifier pellet line with a capacity of 10,000 tonnes which is currently being commissioned. It comes as the company last year made major investments into delivering its core goal of becoming carbon neutral in its operations.
Jakob Thøisen (pictured), Palsgaard’s CEO said: “This project is another major milestone in our development. By 2024 we will be able to double our current production capacity – something which took over a century to reach. It is the result of a decade of significant global growth for our business.”
In 2019, Palsgaard was the first global emulsifier producer to achieve CO2-neutral production across its global facilities, leading the way for the food ingredients industry. In line with Palsgaard’s commitment to sustainability, the new production capacity will not compromise the company’s CO2-neutral status.
Jakob Thøisen added: “We have a number of new initiatives, including establishing a solar park and a biogas facility, which will provide the necessary power and waste management infrastructure to enable the new production capacity to also be carbon neutral. This aspect was a very important consideration in the planning process for the new investment.”
Across its portfolio, the business helps manufacturers meet consumer and regulatory demands for greater responsibility, helping them grow and protect their brands. It is currently the world’s only commercial source of fully sustainable, emulsifiers based on RSPO SG-certified palm oil and produced by CO2-neutral factories in Denmark, the Netherlands, Mexico, Brazil, China and Malaysia. The company’s products are non-GMO and meet halal and kosher requirements.