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    Industry News

    LycoRed Partners with Lithy, Stimulates Growth in China

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    10.17.12
    Continuing its growth in China, LycoRed, Orange, NJ, has secured a multi-million dollar agreement with Shanghai Lithy Foods Material Co., Ltd., a leading distributor of botanical extracts and nutrient pharmaceuticals for dietary supplements. “We are very excited about our cooperation with LycoRed,” says Mr. Lee Po, chairman and general manager of Lithy. “We are raising the bar for both companies’ committing to provide healthy, high-quality products through the use of the world’s top ingredients.” Shanghai Lithy Foods brings to the relationship longstanding distribution channels in China's nutraceuticals industry and will focus on a number of important market segments emerging for LycoRed.
    LycoRed also plans to host a seminar on October 21, 2012, to discuss Lyc-O-Mato, the company’s natural tomato lycopene complex, which is extracted from phytonutrient-rich tomatoes and can be used for natural lycopene fortification and natural red coloring of foods and beverages.
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