QUFU, China, Dec. 3, 2012
QUFU, China, Dec. 3, 2012 /PRNewswire/ -- Sunwin Stevia International, Inc. "Sunwin" (OTC.QB: SUWN) one of the top global providers of high quality stevia extracts including Rebaudioside A 98, announced today the completion of its previously announced stevioside expansion project. The completion of this high tech expansion of its production facilities brings Sunwin's total bulk stevia production capacity to 1,300 metric tons, including 500 metric tons of high grade stevioside products (Rabaudioside 60, 80, 95, 98, and 99) and 500 metric tons of steviosin which is a stevioside extract used in the pharmaceutical industry.
Sunwin's new stevioside extraction line uses a state of the art crystallization process that substantially reduces the production time while increasing product yield. Sunwin believes this process will lead to a substantial reduction in overall processing costs as utilization rates increase. In addition, Sunwin's facilities are capable of producing 500 metric tons of stevioside in granular and tablet forms on an annual basis. Demand for stevia in these forms has been increasing and management believes Sunwin is now poised to capitalize on this industry trend.
Sunwin began this expansion project in April 2012 in anticipation of an improvement in demand in the coming years as the use of stevia as a healthy low calorie sweetener continues to increase across the globe. Sunwin has begun trial production of its new lines and anticipates its additional production capabilities will be fully operational in the third quarter of 2013.
"We are excited to have completed this important expansion for our company. Through this upgrade we not only increase our bulk stevia capabilities we also are able to expand our product offerings to the stevia marketplace," commented Dongdong Lin, CEO of Sunwin Stevia International. "We believe our use of technology will help us to significantly drive down production costs and enhance our bottom line while providing our customers across the globe with the highest quality stevia products."
About Sunwin Stevia International, Inc.
Sunwin Stevia International, Inc. engages in the areas of zero calorie, all natural sweeteners (Sunwin Stevia™ Extracts). As an industry leader in agricultural processing, Sunwin has built an integrated global firm with the sourcing and production capabilities to meet the needs of consumers throughout the world. For more info about Sunwin, please visit http://www.sunwininternational.com.
Safe Harbor Statement
Sunwin Stevia International, Inc. is hereby providing cautionary statements identifying important factors that could cause our actual results to differ materially from those projected in forward-looking statements (as defined in such act). Any statements that are not historical facts and that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, indicated through the use of words or phrases such as "will likely result," "are expected to," "will continue," "is anticipated," "estimated," "intends," "plans," "believes" and "projects") may be forward-looking and may involve estimates and uncertainties which could cause actual results to differ materially from those expressed in the forward-looking statements. These statements include, but are not limited to, our ability to return our revenues to historical levels, our dependence on continued market acceptance of our products, competition, our ability to control our raw material costs, risks associated with operating in China, and other risk factors impacting our company, some of which may be beyond our control. We caution that the factors described herein could cause actual results to differ materially from those expressed in any forward-looking statements we make and that investors should not place undue reliance on any such forward-looking statements. Further, any forward-looking statement speaks only as of the date on which such statement is made, and we undertake no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made or to reflect the occurrence of anticipated or unanticipated events or circumstances. New factors emerge from time to time, and it is not possible for us to predict all of such factors. Further, we cannot assess the impact of each such factor on our results of operations or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. This press release is qualified in its entirety by the cautionary statements and risk factor disclosure contained in our Securities and Exchange Commission filings, including our Annual Report on Form 10-K for the fiscal year ended April 30, 2012.
SOURCE Sunwin Stevia International, Inc.