• Global consumption is shifting from fresh potatoes, to value added processed products.
• Global potato transactions are currently worth close to US$6 billion, and are driven largely by processed potatoes.
• The business has IP and licences relating to processing of potato, into a base product, which is able to be applied to a number of end products
• The base product is of a particularly low cost, with added benefits for the vegan, lactose intolerant and vegetarian markets.
• Purity, convenience and flexibility give the product significant benefits over many other food bases. Additional IP has been developed relating to a shelf stable and long life product outcome.
• The business is currently completing development of a Commercial Pilot Plant and offtake product testing, prior to construction of a full scale medium sized processing plant.
• An international marketing programme has commenced to ascertain interest from global licensees.
• This covers international snack food companies, vegan food distributors, packaged breakfast foods and innovative potato based products.
• Remains pure, 100% potato
• Retains full taste.
• The product can be moulded into any shape.
• Is suitable as a binder or thickener in cooking.
• Is suitable for the addition of other ingredients as required.
• Can be cooked or baked in a number of methods.
The nature of the process enables…
• Cheese and cheese replacement products.
• Snack food type products.
• Unique chip like outcomes.
• Ice-cream and milk replacements.
• Aioli, mayonnaise and sauces.
The current status of the project is …
• All research and development relating to the pilot process is at Version 3
• Pilot and commercial manufacturing plant design and costing has been undertaken.
• Post processing product development for food service, cheese and snack food is being undertaken.
Expressions of interest are being sought from partners for a staged investment of up to US$8 million, into the Potato investment company.
Depending on the outcome sought this may include …
• First mover advantage relating to a licence for
• specific markets, • specific usage, • or for a specific geographic zone.
• Equity in the holding company holding the IP and licences.
• Access to initial Commercial Pilot offtake product for testing in own facilities or markets.
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