The French factory is set to open in 2021 and is expected to increase its production capacity by around 9,000 tons per year – an increase in 45% capacity to meet the global demand for acacia gum.
“This new investment comes on top of the €3 million already invested in 2020 and 2021 to improve our existing production facilities,” said Frédéric Alland, President of Alland & Robert.
“We are happy the Covid-19 crisis hasn’t slowed down our project - for 2020, we estimate our turnover should increase by approximately 8%. It was €45 million in 2019.”
The company said in a statement the strong investment reflects its success in gaining markets around the world and it is now exporting natural gums to more than 70 countries.
In addition, the acacia gum market is growing, as it is a completely natural, vegetable and healthy ingredient used in thousands of everyday products.
Acacia gum responds to today’s consumer trends: it is a naturally organic ingredient, whose harvest in Africa is carried out in an ethical and sustainable manner.
Alland & Robert is a French family company established in 1884 and a pioneer in sustainable natural tree exudates. The company exports to over 70 countries through a network of 40 distributors, tripling its turnover over the past 10 years.