This project envisages the establishment of a plant for the production of high fructose corn syrup with a capacity of 6,000 tons per annum.
The country`s requirement of corn syrup is met through import. The present (2013) demand for syrup is estimated at 5,000 tons. The demand for the product is projected to reach 8,858 tones and 14,266 tons by the year 2018 and year 2023, respectively.
The principal raw materials required are starch, alpha-amylase, gluco-amaylase, and glucose isomerase. Starch is locally obtained from corn while the other raw materials have to be imported. Corn is leading source of starch both for food and for its use in industries and composed of approximately: 72% Starch, 6%Gluten, 10%Fiber and 12%Germ.