U.S. Markets closed
  • S&P 500

    3,629.65
    -5.76 (-0.16%)
     
  • Dow 30

    29,872.47
    -173.77 (-0.58%)
     
  • Nasdaq

    12,094.40
    +57.62 (+0.48%)
     
  • Russell 2000

    1,845.02
    -8.51 (-0.46%)
     
  • Crude Oil

    45.16
    -0.55 (-1.20%)
     
  • Gold

    1,817.00
    +5.80 (+0.32%)
     
  • Silver

    23.43
    -0.01 (-0.05%)
     
  • EUR/USD

    1.1906
    -0.0013 (-0.1072%)
     
  • 10-Yr Bond

    0.8780
    -0.0040 (-0.45%)
     
  • Vix

    21.25
    -0.39 (-1.80%)
     
  • GBP/USD

    1.3349
    -0.0034 (-0.2536%)
     
  • USD/JPY

    104.2510
    -0.1890 (-0.1810%)
     
  • BTC-USD

    17,323.47
    -655.70 (-3.65%)
     
  • CMC Crypto 200

    339.41
    -31.10 (-8.39%)
     
  • FTSE 100

    6,360.60
    -30.49 (-0.48%)
     
  • Nikkei 225

    26,537.31
    +240.45 (+0.91%)
     

Rogers Sugar, Israel's DouxMatok to sell sugar reduction technology

·1 min read

JERUSALEM, Oct 28 (Reuters) - Israeli food tech firm DouxMatok and Canada's Rogers Sugar said on Wednesday they would collaborate to sell DouxMatok's sugar reduction technology to North American companies.

DouxMatok's technology, which is based on cane sugar, is already available in Israel but will be sold to companies in the United States in 2021 through Rogers, the companies said.

Rogers is the parent of Lantic Inc, which operates sugar cane refineries across Canada.

Lantic and DouxMatok have been working together for two years on reducing sugar content in cookies, cakes, chocolate and other products while retaining the same taste.

They said they are collaborating with a number of food companies on new products and reformulating existing products with less sugar and more fibre and protein.

DouxMatok said that amid growing concerns of obesity, it was targeting a reduction of sugar in baked goods by 30% to 50% without a reduction in taste. (Reporting by Steven Scheer; Editing by Tova Cohen)