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Release of U.S. Shipments

10th Jan 2017 07:00

RNS Number : 7622T
PureCircle Limited
10 January 2017
 

 

Date: 10 January 2017

On behalf of: PureCircle ("the Company")

 

 

PureCircle Statement re Release of U.S. Shipments

 

PureCircle (LSE: PURE), the world's leading producer and marketer of high purity stevia ingredients, welcomes confirmation that U.S. Customs and Border Protection (CBP) has released the Company's refined stevia consignments currently held in the U.S, after extensive review of detailed documentation provided from PureCircle.

 

The Company continues to work with the CBP on the removal of the Withhold Release Order (WRO) in order that there is no further disruption to its shipments.

 

Commenting on the decision, Magomet Malsagov, CEO of PureCircle, said:

 

"We fully support CBP's commitment to ensuring that proper and fair labour has been used in the production of any product entering the USA. PureCircle is fully committed to human rights in all parts of its business and supply chain. We operate a robust system of checks and balances and ensure that all our suppliers adhere to a strict Supplier Code of Conduct. We are pleased that the CBP has confirmed that PureCircle's shipments are compliant with law and have been released.

Stevia is an important natural alternative to sugar in the global fight against obesity. We remain committed to our stated mission of encouraging healthier diets around the world through the supply of natural ingredients to the global food and beverage industry."

 

Enquiries:

 

Emma Kane/Rebecca Sanders-Hewett

 

+44 (0) 20 7382 4747

Redleaf Communications

[email protected]

 

 PureCircle Limited

 

 Magomet Malsagov, CEO

 Rakesh Sinha, CFO

+60 3 2166 2066

+60 1 2326 0005

 

 

Notes to Editors

 

PureCircle Limited is the world's leading producer of high-purity stevia ingredients for the global food and beverage industry. Its vision is to lead the global expansion of stevia as the next mass volume, natural-origin sweetener. The Business was founded in 2002. PureCircle's shares are listed on the main market of London Stock Exchange and trades under the ticker symbol PURE. For more information, visit: www.purecircle.com.

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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