US-based RiceBran Technologies, a global leader in the production and marketing of value-added products derived from rice bran, has made an agreement with Compson Trading Co. Ltd for the distribution of its products in Taiwan and other neighbouring countries.
Under the terms of the agreement, RiceBran will produce certain Stage II rice bran derivatives products for exclusive distribution by Compson into the nutritional supplement and functional food market in Taiwan and for non-exclusive distribution in other countries. The Stage II products covered by exclusivity for the Taiwan market are RBT's RiSolubles, RiFiber and RiBalance products.
Dr Robert Smith, senior vice president of Sales and Business Development for RiceBran Technologies, said, "We are pleased to announce our distributorship with Compson to expand the sales of our rice bran derivative products into the Taiwan market. Compson is a recognised leader in the supply and distribution of functional ingredients and nutritional supplements in Taiwan and neighboring geographies. By combining our best-of-breed technology with Compson's product development expertise and established distribution capabilities, we expect to generate increased in sales and profitability for both companies." (photo courtesy of RiceBran Technologies)
Related link: Rice bran benefits
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