Sunwin International Neutraceuticals, Inc.: SUWN Sees its Total Stevia Shipments Reaching 600 Tons in 2007 as Worldwide Demand for Stevia Continues to Increase.
Tuesday June 05, 2007 05:21:04 EDT
Qufu, China, Jun 05, 2007 (M2 PRESSWIRE via COMTEX News Network) --
Sunwin International Neutraceuticals, Inc. (OTCBB: SUWN), a leader in the production and distribution of Chinese herbs, veterinary medicines and stevia (a low calorie dietary supplement and sweetener) in China, announced today that management sees total bulk stevia shipments, consisting of its own production as well as through reselling, reaching 600 tons in 2007. Management believes Sunwin is the largest publicly held producer and distributor of premium grade bulk stevia in the world, with its distribution accounting for approximately 30% of the current estimated worldwide production of approximately 2,000 tons.
Sunwin recently announced that its production capacity increased to 600 tons with the completion of its new 300 ton manufacturing facilities in an effort to support the North American launch of its proprietary OnlySweettm product line, through its Sunwin Stevia subsidiary. Additionally, the company has begun preliminary planning to increase its overall production capabilities to 1,000 tons annually to meet anticipated increases in worldwide demand.
Laiwang Zhang, President and Chairman of Sunwin International Neutraceuticals, commented, "We believe that stevia is poised to become the low calorie sweetener of choice in markets throughout the world as more and more people are reaching the same conclusion that people in the Far East have known for generations, that stevia is the best all natural, low calorie sweetener available."
Mr. Zhang continued, "We believe our current production capabilities, coupled with our strong balance sheet, will give us substantial leverage in our efforts to consolidate the stevia production industry in China, which currently produces a significant amount of the worldwide supply. As demand for low calorie products has substantially accelerated in the past decade, we believe our all natural, zero calorie stevia will become the world's preferred sweetener. Management is confident that Sunwin is well positioned and focused to continue in its position as the leading producer in this rapidly growing industry."
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