CP Kelco announced today an expansion of their San Diego facility which will expand capacity by roughly 40 percent. Recent investments are in the final stages of implementation.
Since our last update of 23-July-12, and especially in the week of 9-15 August, the Guar growing areas of Rajasthan and Gujarat received far excess rains as compared to the historic average for the
Guar splits price has gone down further today and is about 30% down, in Indian Rupee terms, from its peak at the beginning of May-12. Please see the chart below.
A note from Premcem Gums.
CP Kelco has announced plans to increase the capacity of their Brazilian pectin factory. Full details, as released by CP Kelco are below.
In our last Guar Market Update sent out on 14‐Oct‐11 we had said "it has been a phenomenal year for the Guar industry.
Since last October and starting 2012 guar prices have continued to rise at an extraordinary rate.
The last 5 months have been phenomenal in terms of the sheer price increase and volatility for Guar Splits! Since the end of Aug-10 the price for Guar Splits has gone up 85%!!
Guar prices continue at an all time
There is speculation among analysts that DuPont will sell the food side of the Danisco business. The food companies mentioned as likely buyers include Kerry Ingredients and Tate & Lyle.
Dupont announced today that it would be purchasing Danisco for a total of $6.3bn.
The statement reads.
A new report has been published jointly by CyberColloids and the Marine Institute in Ireland on the flavour of seaweeds and their possible use in high value food products.
In our last Guar Market Update sent on 1st June 2010 we had informed everyone that “Guar Gum prices are more or less at the same level as that in mid April 2010.
A fire at an agar plant in Southern Chile occurred on Sunday August 15. The fire was severe and destroyed the entire factory and stocks of Proagar in Llanquihue, Puerto Montt.
CP Kelco Announces Global Price Increase across All Product Lines
CP Kelco announces expansion of world's largest pectin production plant
Xanthan Report 2010
The xanthan gum market, approx $450M, is driven by three main categories
Food, approx $194 m where sauces and dressings is the key application
Monsoon & Guar Market Update as on 1st June 2010
A new article from CyberColloids on rediscovering the health benefits from seaweeds.
A selection of videos from the recent IMR conference in Berlin are available on the web.
Ross Campbell discusses "A Healthy Future for Hydrocolloids" - link
Ross Clark discusses "Maximising the Innovation Potential of Hydrocolloids - link
and the master of the conference himself:
It is reported that:
Norevo has acquired the assets of ALW.
Title: Handbook of Hydrocolloids
FMC Corporation has announced that they have reached an agreement to acquire the hydrocolloids business of ISP Corporation. The deal will include the Girvan (Scotland) alginates factory but will not include Germinal, the Brazilian blending business. ISP's hydrocolloid ingredients business had revenues of approximately $80 million in 2007.
The announcement reads:
CP Kelco have announced the closure of their Knowsley xanthan facility. The factory has had a mixed history, originally built by Tate & Lyle and then sold to Kelco. The factory was exepcted to close recently but was reprieved as a source of GM free xanthan not available in most US fermentation systems. However with the increase in GM free xanthan from China the Knowsley facility is no longer essential to the CP Kelco portfolio.
The announcement reads:
Tate & Lyle has anoounced that it is in the final stages of discussions with Syral SAS on the disposal of certain businesses including the starch business. A full copy of the anouncement is below:
The industry has been watching for several years to identify who are going to be the serious players in the blends business of the future. The key pieces of activity industry watchers were looking for was who would buy CCI and who would buy G.C. Hahn. Now the answer is clear - Tate & Lyle. Other companies who claim to be serious about a global blends activity have very much tinkered around the edges buying up smaller players but Tate & Lyle has jumped ahead of them all with its latest acquisition of G.C. Hahn.
Bayer announced in March their intention to divest of Wolff Walsrode as part of their plan to finance the acquisition of Schering AG. Today they announced that they are planning to sell the business to Dow Chemicals who are already the largest producer of non ionic cellulose ethers globally. The transaction is expected to close in the first half of 2007, subject to regulatory approval. Financial terms have not been disclosed.
The full anouncement reads:
6th Nov 2006
The hydrocolloid world is seeing more price rises with announcements from National Starch and Chemical and Jungbunzlauer
26th Oct 2006
The 14th Gums and Stabilisers for the Food Industry conference has been announced with a main theme of
"Formulating Healthier Foods and the Role of Hydrocolloids"
The conference dates are Monday 18th - Friday 22nd June 2007.
26th Oct 2006
CP Kelco announced today a series of global price rises across their hydrocolloids portfolio. Carrageenan and pectin sees the biggest prices rises (8%) whereas the biogums are lower at 3-5%. At a time when it is widely believed that Chinese penetration of the xanthan market may have reached a plateau due to technical differences between western and Chinese xanthan grades such a price rise might be achievable in the short term.
The full report reads:
21st June 2006
CP Kelco has announced an expansion of the recently acquired Shandong Gold Millet plant in China (see Shandong acquisition.
CP Kelco are the largest manufacturer of xanthan gum and the acquisition of Shandong was a strategically important move to maintain their position in an increasingly competitive market with growing Chinese competition.
The full announcement reads
20th April 2006
The long awaited World Seaweed Resources DVD has been launched and certainly surpasses my expectations. I was expecting a series of authoritative articles presented on a DVD as a cheaper method of delivery than printing a paper copy; authoritative but a little dusty. What a surprise I was in for.
30th March 2006
In an address by the Chairman of Bayer, Werner Wenning, at a news conference on Friday, March 24, 2006, in Leverkusen it was announced that Bayer would acquire Schering AG.
It was also revealed that this would be partly financed by the disposal of Bayer subsidiaries H.C. Starck and Wolff Walsrode, which are currently part of the Bayer Materials Science group.
A full transcript is available at:
15th March 2006
CP Kelco announced today that they had acquired 100% of the Shandong Gold Millet Biological Products Company, one of the many xanthan producers in China.
In recent years the xanthan market has changed dramatically with the emergence of a large number of new manufacturers based in China. This has led to consequent severe price pressure and a steadily falling xanthan price compared to the heady days when only a small number of US and European companies dominated the market.
5th December 2005
Tate & Lyle entered the hydrocolloids world in force today acquiring both Cesalpinia and CCI. Tate & Lyle have been talking about entering the hydrocolloids world by building a xanthan plant for several years. Many people felt that with the rise of Chinese xanthan production this could be an unwise strategy. However, with todays acquisitions, Tate & Lyle have joined the ranks of Kerry and Cargill as new, up and coming entrants in the hydrocolloids world.
The announcement reads
9th September 2005
Months of speculation finally ended today with the outcome that most industry observers had expected all along.
9th June 2005
ISP have announced a major change in their alginate production with the transfer of many of their products to the Girvan factory in Scotland. The final outworking of this change will be the closure of alginate production at the San Diego early next year.
Friday 13th of May 2005Natraceutical announced that they will purchase the Braes group for Euro 80 million. The Braes group includes the Swiss pectin and fruit/vegetable processing company Obipektin and the Overseal company.