Evolva and Cargill will produce and commercialize EverSweet, the next-generation stevia sweetener, which is on track for a 2018 launch.###The stevia sweetener solves both the stevia taste and Reb M & Reb D scaleability challenges. ###It is brewed to produce large quantities of the most sought-after sweetness ingredients found in the stecalcium citrate saltvia leaf, Reb M and Reb D. ###The stevia leaf contains only minute quantities of these ingredients. ###It also delivers better sweetness intperbedaan zinc picolinate dan glycinateensity, faster sweetness onset and improved sweetness quality – without the bitterness or off-note aftertaste common to existing stevia sweeteners.###Evolva estimates the total addressable market to be worth around US$4 billion.###The company will receive up to 30% of the EverSweet business, determined as a function of the strain efficiencies achieved. ###While Evolva can ask Cargill to support some of Evolva’s early cashflow commitments at a favorable interest rate, under the new agreement Evolva will not receive any further milestone payments from Cargill.###The sweetener will initially be produced at a fermentatmason ferrous gluconateion liquid calcium and magnesiumfacility on Cargill’s Blair, Nebraska campus that will be retrofitted for this purpose. ###The facility will be operated by Cargill and additionally be used for the fermentation of other Evolva products. ###In parallel, Evolva will build and operate a new bioprocessing facility on adjacent land leased from Cargill. ###This bioprocessing facility will manufacture Evolva productiron supplements 325 mg ferrous gluconates such as nootkatone and resveratrol and is expected to come online in 2019. ###Together, this integrated infrastructure will provide Evolva with a global hub for the production of high value specialty ingredients.###Over the next three years, principally in 2018 and 2019, Evolva expects to invest an estimated US$60 million in the combined fermentation and bioprocessing facilities for EverSweet and its other products.