EID Parry's inks partnership with Nutrition Innovation to make healthy sugar

Sugar and nutraceutical producer EID Parry has signed a commercial partnership with food technology company Nutrition Innovation to manufacture Nucane low GI sugar, a statement released by the companies said. S. Suresh, managing director at EID Parry said in a statement: “Our partnership with Nutrition Innovation gives us access to Nucane low GI sugar technology to produce naturally low glycemic raw sugar which extends our existing range of products and supports the growing global trend for less processed, less refined, brown sugars.”

Nutrition Innovation is a Singapore-based company founded by Australian scientist Dr David Kannar. “By partnering with EID Parry we can jointly give more consumers access to natural brown sugar solutions which can improve both and choices in the market,” Dr Kannar said in the media release. The process uses natural occurring polyphenols in cane sugar that have been proven and tested to consistently lower glycemic response of sucrose when consumed, the statement added.

A Murugappa group company, EID Parry India reported consolidated net profit of Rs 302.52 crore for the quarter ended March 31, 2022, compared to a consolidated net loss Rs 1.62 crore in the corresponding year-ago quarter. The company said it focused on sweating of its assets and expansion in core areas while maintaining optimum cost levels, and added that its debt reduction programmes helped in significant reduction of costs.