FiberGel set for Asian expansion

- Last updated on GMT

Related tags: Corporation, Holding company

Fiber Gel Technologies, which holds the rights to functional food
ingredient Z-Trim, has set up a partnership to expand distribution
of its product in the Asian marketplace.

Fiber Gel Technologies, which holds the rights to functional food ingredient Z-Trim, has set up a partnership to expand distribution of its product in the Asian marketplace.

The agreement with Hyacinth Resources is expected to lead to manufacturing rights for Z-Trim production and new distribution opportunities in Asia.

"Hyacinth is in the unique position of having access to substantial prime business commerce relationships in Indonesia,"​ said Gregory J. Halpern, Fiber Gel's CEO. "This largely untapped market paves the way for Z-Trim manufacturing opportunities in Indonesia and distribution to the Asian Market."

Z-Trim​ is a patented fiber which lowers calories when added to foods.

FiberGel is a wholly owned subsidiary of Circle Group Holdings.

Related topics: Markets

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