IRISH food ingredients and cheese producer Carbery Group has formed a joint venture with one of the largest food companies in South America.
Cork-based Carbery will partner BRF Brasil Foods in a $50m (€38.9m) venture to use Carbery's technology to process whey generated at Brasil Food's cheese-making operations in Brazil.
The investment will be used to build a manufacturing plant to produce nutritional ingredients sourced from whey.
The construction of the processing facility is planned to commence immediately and expected to begin production in 2014.
Whey proteins are used as ingredients in a variety of products, including sports drinks and baby food.