logo-loader

Tekcapital's Salarius in talks with “numerous” snack-food companies for MicroSalt

Published: 07:38 24 Jun 2019 BST

salt
MicroSalt's smaller particles deliver an increased sensation of saltiness with much less salt

Salarius, a portfolio company of Tekcapital PLC (LON:TEK), has secured and delivered a new order for its low-sodium salt substitute MicroSalt and said it is in discussions about “numerous” others.

The latest order for MicroSalt, which reduces sodium intake as its salt particles are around 100 times smaller than regular salt, comes from a Mexican seafood company to be used in their dried shrimp snacks.

READ: Tekcapital’s Salarius sees new milestones for MicroSalt and SaltMe products

The contract follows up on April’s first ever commercial order and another order earlier this month from an American snack food company.

Chief executive Victor Hugo Manzanilla said Salarius, which is 97.5%-owned by university spin-out specialist Tekcapital, “is in discussions with numerous snack food companies who are evaluating MicroSalt for possible inclusion in their products, and we will update the market in due course”.

He added that “consumer demand for better-for-you snack options continues to drive marketplace adoption of low sodium snacks”.

After research earlier this year from the National Academies of Sciences, Engineering and Medicine has recommended significantly reduced sodium consumption, Manzanilla says the nano-particle salt product can help food companies and consumers to meet the new guidelines.

MicroSalt is a natural product made with micron-size salt particles that dissolve in the mouth much faster than regular salt, delivering an increased sensation of saltiness with much less salt, and as a result requiring half as much.

Chesnara reports strong 2023 results with improved cash generation and...

Chesnara PLC (LSE:CSN) chief executive Steve Murray discusses the company's full-year results for 2023 with Proactive's Stephen Gunnion, describing them as strong and particularly highlighting £53 million in commercial cash generation and a dividend coverage of around 150%. The company has...

5 minutes ago