Need some monetary announcements.
Also still waiting on the price to be agreed with Univar.
Hopefully some bulk orders to China will come sooner than later.
Key details:
Univar Solutions China will distribute WOA’s LP90 & BP80F lupin proteins in mainland China
The agreement includes a minimum purchase commitment of 50 tonnes over the first 12 months, following a six-month market preparation period
The partnership aims to target the premium ingredients sector, supporting sustainable, clean-label food innovation
WOA raised $2.6 million via placement to accelerate market expansion, with a priority focus on China.
WOA’s Executive Chair, Yaxi Zhan, sees this as a breakthrough opportunity for plant-based proteins in China, leveraging Univar’s global ingredient distribution expertise
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(20min delay)