Printer Friendly

HEALTH FOODS: ANOTHER JAPANESE SUCCESS; WORLD'S LARGEST FACTORY TO BE BUILT IN INDONESIA

 TORRANCE, Calif., Nov. 12 /PRNewswire/ -- YSK International Corp., Kyoto Japan, the leading chlorella marketer, has begun a joint venture to construct the world's largest chlorella manufacturing plant in Indonesia. Chlorella, originally researched in the United States, has become Japan's top-selling health food. YSK International Corp. alone reports annual group sales of over $160 million(a) in 1992 and projected sales for 1993 of $200 million.
 According to a report in the October 1993 issue of Tokyo Business, YSK International will initially invest $23 million to build the new factory with capacity to produce 300 metric tons of chlorella in its first year and expects to boost annual capacity to 1,000 metric tons with a total investment of $95 million.
 The popularity and demand of chlorella is ever increasing each year due to the many exceptional benefits of the product. The rise soared especially after the invention of the Dyno-Mill pulverization process by Hideo Nakayama in 1976 (founder and chief executive officer of YSK International), which increases bioavailability.
 As many as 1,100 tons of chlorella were marketed worldwide in 1992 with consumption expected to increase to 1,500 tons this year alone. Currently there are only 10 such chlorella plants in the world, two in Japan and eight in Taiwan. In anticipation of the increase in world demand for chlorella, YSK International's new plant in Indonesia, the largest ever, will be ready to match this growing demand.
 In spite of the worldwide increase in demand for chlorella there is a warning issued by the Food and Drug Administration. Late in 1992 the FDA revised its policy on the importation of chlorella products. The FDA permits the importation of chlorella only if it has been "processed in a manner to pulverize cell walls which negates the concern of the product causing intestinal discomfort." Sun Chlorella(TM), with cell walls fully pulverized by the patented Dyno-Mill process, clearly complies with this new FDA policy.
 According to the July 1993 issue of the Jakarta Post the joint venture includes YSK International with 75 percent ownership as well as CNI, an Indonesian important agency, and Nissho Iwai Corp. of Japan, with 20 percent and 5 percent ownership, respectively. Completion of the new factory is scheduled for August 1994.
 (a) To put worldwide sales volume of chlorella in perspective it should be noted that according to the Council for Responsible Nutrition total U.S. sales in 1992 for Vitamin C are $385M, Vitamin B at $270M, Vitamin E at $325, and Calcium at $230M.
 -0- 11/12/93
 /CONTACT: Rose Straub, Sun Wellness Inc., 800-829-2828


CO: YSK International Corp.; CNI; Nissho Iwai Corp. ST: California IN: HEA FOD SU: JVN

LM-LS -- LA005 -- 3692 11/12/93 12:30 EST
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Nov 12, 1993
Words:455
Previous Article:FRONTIER NATURAL GAS ANNOUNCES PUBLIC OFFERING OF EQUITY SECURITIES
Next Article:FRUTAROM, LTD. COMPLETES ACQUISITION OF MEER CORPORATION
Topics:

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters