The Fort Worth Press - CORRECTION FROM SOURCE: Oobli Sweet Proteins Announces Andean Regional Manufacturing Partnership with Magdalena's New Biochem Unit

USD -
AED 3.672504
AFN 63.000368
ALL 81.850403
AMD 368.180403
ANG 1.79046
AOA 918.000367
ARS 1411.841886
AUD 1.388696
AWG 1.8
AZN 1.70397
BAM 1.679981
BBD 2.014233
BDT 122.76083
BGN 1.66992
BHD 0.377275
BIF 2976
BMD 1
BND 1.278067
BOB 6.910443
BRL 5.037104
BSD 1.000073
BTN 94.959542
BWP 13.418887
BYN 2.740298
BYR 19600
BZD 2.011459
CAD 1.38005
CDF 2272.000362
CHF 0.781119
CLF 0.022615
CLP 890.050396
CNY 6.76635
CNH 6.764365
COP 3693.14
CRC 452.064266
CUC 1
CUP 26.5
CVE 94.87504
CZK 20.824204
DJF 177.720393
DKK 6.41042
DOP 58.340393
DZD 132.780279
EGP 52.325831
ERN 15
ETB 158.000358
EUR 0.857704
FJD 2.221804
FKP 0.742087
GBP 0.743356
GEL 2.670391
GGP 0.742087
GHS 11.74039
GIP 0.742087
GMD 72.503851
GNF 8780.000355
GTQ 7.628513
GYD 209.220224
HKD 7.83695
HNL 26.570388
HRK 6.460604
HTG 130.96772
HUF 303.492504
IDR 17823.65
ILS 2.80215
IMP 0.742087
INR 95.010504
IQD 1310
IRR 1351050.000352
ISK 122.960386
JEP 0.742087
JMD 157.513861
JOD 0.70904
JPY 159.30904
KES 129.410385
KGS 87.450384
KHR 4010.00035
KMF 422.00035
KPW 899.855249
KRW 1507.420383
KWD 0.30944
KYD 0.833462
KZT 487.321548
LAK 21952.503779
LBP 89550.000349
LKR 330.034874
LRD 183.125039
LSL 16.240381
LTL 2.95274
LVL 0.60489
LYD 6.350381
MAD 9.18375
MDL 17.306602
MGA 4190.000347
MKD 52.848875
MMK 2100.044704
MNT 3580.365831
MOP 8.070537
MRU 40.000346
MUR 47.370378
MVR 15.403739
MWK 1737.000345
MXN 17.354804
MYR 3.970504
MZN 63.905039
NAD 16.240377
NGN 1371.703725
NIO 36.570377
NOK 9.253504
NPR 151.935268
NZD 1.671822
OMR 0.385278
PAB 1.000103
PEN 3.399504
PGK 4.355039
PHP 61.474038
PKR 278.550374
PLN 3.62895
PYG 6017.110756
QAR 3.641038
RON 4.504104
RSD 100.681038
RUB 71.146838
RWF 1462.5
SAR 3.772303
SBD 8.03246
SCR 13.536038
SDG 600.503676
SEK 9.255045
SGD 1.276804
SHP 0.746601
SLE 24.603667
SLL 20969.502105
SOS 571.503662
SRD 37.170504
STD 20697.981008
STN 21.4
SVC 8.751074
SYP 110.532098
SZL 16.240369
THB 32.575038
TJS 9.231047
TMT 3.5
TND 2.894038
TOP 2.40776
TRY 45.852504
TTD 6.793623
TWD 31.426804
TZS 2629.583038
UAH 44.293077
UGX 3769.922222
UYU 40.112866
UZS 12022.503617
VES 548.68505
VND 26312.5
VUV 118.055972
WST 2.715197
XAF 563.44981
XAG 0.013284
XAU 0.00022
XCD 2.70255
XCG 1.802416
XDR 0.699507
XOF 562.503593
XPF 102.603591
YER 238.603589
ZAR 16.29669
ZMK 9001.203584
ZMW 18.382896
ZWL 321.999592
  • CMSC

    -0.1000

    22.74

    -0.44%

  • CMSD

    0.0400

    22.93

    +0.17%

  • BCC

    -0.6300

    69.72

    -0.9%

  • GSK

    -0.7000

    50.54

    -1.39%

  • RIO

    -0.0800

    106.39

    -0.08%

  • BCE

    0.2000

    25.11

    +0.8%

  • BP

    0.2800

    41.87

    +0.67%

  • NGG

    -1.1562

    81.53

    -1.42%

  • BTI

    -1.1300

    61.79

    -1.83%

  • RBGPF

    -0.0100

    63.54

    -0.02%

  • RELX

    -0.3100

    32.79

    -0.95%

  • AZN

    0.3400

    185.67

    +0.18%

  • JRI

    0.0600

    12.92

    +0.46%

  • VOD

    0.0300

    14.96

    +0.2%

  • RYCEF

    0.7000

    18

    +3.89%

CORRECTION FROM SOURCE: Oobli Sweet Proteins Announces Andean Regional Manufacturing Partnership with Magdalena's New Biochem Unit
CORRECTION FROM SOURCE: Oobli Sweet Proteins Announces Andean Regional Manufacturing Partnership with Magdalena's New Biochem Unit

CORRECTION FROM SOURCE: Oobli Sweet Proteins Announces Andean Regional Manufacturing Partnership with Magdalena's New Biochem Unit

Strategic collaboration expands protein technology footprint across Central and South America;
Magdalena advances its diversification strategy from sugar production into high-value molecules

This version contains an updated logo

Text size:

DAVIS, CA / ACCESS Newswire / April 15, 2026 / Oobli Sweet Proteins, the leading fermentation technology company focused on innovative sweet proteins to reduce sugar and sugar alternatives in foods and beverages, today announced an Andean Region manufacturing partnership with Magdalena's Biochem Unit, a diversification business arm focused on synthetic biology and precision fermentation. The collaboration marks a strategic expansion for both companies, combining Oobli's protein technology platform with Magdalena's industrial integration, deep expertise in sugar production, and access to sugar-based feedstock to expand the production of high-value sweet proteins at continued scale. Key points of the partnership:

  • Andean regionalization: Establish a joint manufacturing and development hub to scale protein technologies for sweet proteins, specifically, and food, beverage, nutraceutical, and other emerging industrial applications, generally, across Central and South America.

  • Complementary strengths: Oobli Sweet Proteins brings its innovative, first-mover sweet protein engineering intellectual property, commercially ready fermentation processes, and growing Central and South American customer base; Magdalena contributes its established sugar production capabilities, integrated industrial infrastructure, growing biomanufacturing infrastructure, the ability to leverage sugar as a fermentation feedstock and commercial relationships throughout Central and South America.

  • Investment in continued leadership: Oobli's sweet protein technology enables significant sugar reduction without compromising taste, using plant-based proteins to deliver nutrition labels that align with consumer demand for healthier options; Magdalena is expanding beyond traditional sugar production by building a high-value biomanufacturing platform, leveraging its existing operations to move up the value chain into next-generation ingredients.

  • Market expansion: Accelerate Oobli's growth trajectory in Central and South America by leveraging Magdalena's regional footprint, supplier networks, and regulatory know-how; while enabling Magdalena to anchor its Biochem platform with a proven, scale-ready molecule and strategic partner.

"Central and South America represent a strategic frontier for sweet protein technology," said Ali Wing, CEO of Oobli Sweet Proteins. "By partnering with Magdalena's Biochem Unit, we create a robust regional platform that helps shorten time-to-customers, accelerate product development, reduces materials costs, and unlocks value across food and health by working with an established partner in a region that has already publicly prioritized incentives to go beyond traditional sweeteners in foods in the interest of public health."

"Through our biochem unit, we are transforming the company from being a producer of commodities to becoming a builder of high-value biological manufacturing businesses," Magdalena Biochem Unit Director Andrés Rodas said "Oobli is developing exactly the type of innovation we believe in - scarce, high-value proteins that can transform the food industry. We are excited to partner with them and leverage our newly built, state-of-the-art precision fermentation facility to help expand the sweet proteins' market," said Andrés.

This collaboration focuses on regional manufacturing to support the scale-up of sweet proteins as demand for sugar replacement - without compromising tastes - distribution and other co-development projects to accelerate adoption of sweet proteins across the Andean Region while supporting Magdalena's transition beyond traditional commodity markets, building a portfolio of high-value, bio manufactured ingredients while maintaining its core industrial strengths. Together, both companies bring complementary regulatory, operational, and quality expertise, enabling a more efficient path from development to commercialization across the region.

***

About Oobli, Inc: Oobli is the pioneering sweet protein technology platform company focused on delivering tastier, reduced-sugar solutions across food and beverages. Sweet proteins have no glycemic impact or effect on the gut microbiome. Produced via fermentation, Oobli sweet proteins are both cost-effective as a sweetener replacement and climate friendly, saving massive amounts of land, water and carbon compared to farmed sugarcane. Through proprietary protein technologies and collaborations with leading brands, Oobli aims to redefine sweetness while supporting healthier, accessible consumer choices. For more information, visit www.oobli.com.

About Magdalena: Magdalena is a leading sugar and energy producer in Latin America with deep industrial capabilities. The company is advancing a strategic shift into biomanufacturing through its Biochem Unit, including the development of a 650,000-liter precision fermentation facility integrated with its sugar operations in Guatemala. By leveraging its access to feedstock, infrastructure, and scale, Magdalena is building a platform to produce high-value biological ingredients.

***

For media inquiries, please contact:

Robert Wheatley, Public Relations, Oobli Sweet Proteins Email: [email protected]
Magdalena Email: [email protected]

SOURCE: Oobli



View the original press release on ACCESS Newswire

C.Dean--TFWP