Stevia Corp. Enters into Joint Venture Relationship with Tech-New Bio-Technology
July 02, 2012 at 06:15 pm IST
Stevia Corp. announced that it is preparing to enter into a joint venture relationship with its technology partner, Tech-New Bio-Technology and their affiliates. The planned collaboration with TechNew will enable the company to vertically integrate across an entire supply chain providing the company with a growing line of value-add stevia formulated products. As part of the agreement and a subsequent result of the collaboration, the intent will be to acquire all commercial and intellectual property rights associated with stevia-specific formulations developed by Tech-New for a myriad of feed and fertilizer applications.