CP Kelco Announces Plans to Invest in Specialty Biogums Capabilities and Capacity Expansion
ATLANTA, Nov. 19, 2018 (GLOBE NEWSWIRE) -- In response to the strong global demand for specialty Biogums products, CP Kelco announced today its plans to invest in building capabilities and expanding production capacity.
As a leading global producer and innovator of hydrocolloid solutions, CP Kelco is reinforcing its commitment to three Biogums product lines – gellan gum, specialty xanthan gum and diutan gum – through these key operational initiatives:
- Adding gellan gum production capabilities in the company’s Wulian, China facility to support growth in the Asia Pacific region;
- Expanding the overall capacity of the Wulian, China facility to support growth across all three specialty Biogums product lines; and
- Expanding the recently added gellan gum production capacity in the company’s Okmulgee, Oklahoma, USA facility.
In addition to the planned investments in new production capabilities and capacity, CP Kelco is equally committed to ensuring its Biogums products meet the high standards of quality and food safety established for all industry segments it serves. “As regulatory requirements related to our products increase, CP Kelco will continually invest in operational and innovative developments to help ensure we can meet or exceed our customers’ expectations,” said Didier Viala, president of CP Kelco.
CP Kelco’s fermentation-derived Biogums products provide stabilization, texture, suspension and viscosity in a wide variety of food, beverage, personal care, household care, pharmaceutical and industrial products and applications. Since introducing these Biogums products to the industry over the last three decades, CP Kelco continues to focus on enabling its customers’ success and addressing the evolving, dynamic needs of the global market.
About CP Kelco
Headquartered in Atlanta, Georgia, USA, CP Kelco is a leading producer of specialty hydrocolloids with offices and facilities across the globe. Featuring an extensive range of hydrocolloid solutions and serving over 100 countries, CP Kelco leverages its capabilities to bring concepts and ideas to real-world products in a broad range of applications. The company’s specialty ingredients touch a wide variety of consumer and household products and industrial applications, tailored to meet the needs of regional consumers. Key product lines are Gellan Gum, Pectin, Carrageenan, Xanthan Gum, Diutan Gum, Refined Locust Bean Gum, Carboxymethyl Cellulose and Microparticulated Whey Protein Concentrate, as well as other unique biopolymers. Visit www.cpkelco.com for more information.
About GlobeNewswire by notified
GlobeNewswire by notified is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.
Subscribe to releases from GlobeNewswire by notified
Subscribe to all the latest releases from GlobeNewswire by notified by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from GlobeNewswire by notified
Brookfield Corporation Completes Annual Filings19.3.2024 01:55:08 CET | Press release
BROOKFIELD, NEWS, March 18, 2024 (GLOBE NEWSWIRE) -- Brookfield Corporation (“Brookfield”) (NYSE: BN, TSX: BN) today announced that it has filed its 2023 annual materials on Form 40-F, including its audited financial statements and management’s discussion and analysis for the year ended December 31, 2023, with the SEC on EDGAR as well as with the Canadian securities authorities on SEDAR. These documents are also available at www.brookfield.com and a hardcopy will be provided to shareholders free of charge upon request. About Brookfield Corporation Brookfield Corporation is a leading global investment firm focused on building long-term wealth for institutions and individuals around the world. We have one of the largest pools of discretionary capital globally, which is deployed across our three core businesses – asset management, insurance solutions, and our operating businesses. Through our core businesses, we invest in real assets that form the backbone of the global economy to deliver
Schneider Electric Collaborates with NVIDIA on Designs for AI Data Centers18.3.2024 23:12:33 CET | Press release
• New reference designs will offer a robust framework for implementing NVIDIA’s accelerated computing platform within data centers;• Designs will optimize performance, scalability, and energy efficiency; Schneider Electric, the leader in the digital transformation of energy management and automation, today announced a collaboration with NVIDIA to optimize data center infrastructure and pave the way for groundbreaking advancements in edge artificial intelligence (AI) and digital twin technologies. Schneider Electric will leverage its expertise in data center infrastructure and NVIDIA’s advanced AI technologies to introduce the first publicly available AI data center reference designs. These designs are set to redefine the benchmarks for AI deployment and operation within data center ecosystems, marking a significant milestone in the industry's evolution. With AI applications gaining traction across industries, while also demanding more resources than traditional computing, the need for
Hexagon Purus ASA: Issue of shares under the Company's LTIP plan18.3.2024 21:35:00 CET | Press release
The long term incentive plan of December 2020 (the "2020 LTIP") for Hexagon Purus ASA (the "Company") vested upon approval of the 2023 annual financial statements. Consequently, the Company's board of directors, has resolved to issue in total 909,742 new shares to the entitled employees pursuant to the authorization to issue shares granted on 25 May 2023. Following registration of the share issue, the Company's registered share capital will be NOK 27,770,719.80, divided into 277,709,198 shares, each having a face value of NOK 0.10. 541,242 of the new shares were issues to PDMRs, as further specified in the attached forms. For additional information, please contact: Salman Alam, Chief Financial Officer, Hexagon Purus Telephone: +47 476 12 713 | salman.alam@hexagonpurus.com Mathias Meidell, Investor Relations Director, Hexagon Purus Telephone: +47 909 82 242 | mathias.meidell@hexagonpurus.com About Hexagon Purus: Hexagon Purus enables zero emission mobility for a cleaner energy future. T
Inventiva announces positive results from the Phase II, LEGEND, Proof-of-Concept study combining lanifibranor with empagliflozin in patients with MASH/NASH and T2D18.3.2024 21:00:00 CET | Press release
LEGEND achieved its primary efficacy endpoint by significantly lowering HbA1c level in both the lanifibranor arm and in the lanifibranor with empagliflozin arm compared to placebo.Statistical significance was also achieved on several markers of liver injury, markers of glucose and lipid metabolism, as well as hepatic steatosis.Patients treated with lanifibranor in combination with empagliflozin maintained a stable weight throughout the 24 weeks study, addressing the moderate, metabolically healthy, weight gain that has been observed in some patients treated with lanifibranor.Treatment with lanifibranor alone and in combination with empagliflozin decreased the ratio of visceral abdominal fat to subcutaneous fat, reflecting a shift from pro-inflammatory visceral fat towards metabolically healthy adipose tissue.The treatment with lanifibranor 800mg/once daily alone or in combination with empagliflozin for 24 weeks was well tolerated, with no safety concerns reported.Inventiva will host an
Driving Excellence: C.K. McWhorter Grants Bentley Motors McWhorter Family Trust Warrant of Automotive Distinction18.3.2024 20:56:28 CET | Press release
LONDON, March 18, 2024 (GLOBE NEWSWIRE) -- The McWhorter Family Trust proudly announces its partnership with Bentley Motors, heralding a new era of automotive excellence. In a momentous decision, the Trust bestows upon Bentley Motors the emblem of automotive distinction, recognizing its unwavering commitment to luxury, innovation, and craftsmanship. Incorporating Bentley Motors into the McWhorter Family Trust’s Portfolio: The addition of Bentley Motors to the McWhorter Family Trust’s prestigious portfolio signifies a strategic expansion into the realm of automotive luxury. This pivotal decision underscores the Trust's dedication to investing in brands that epitomize excellence and timeless sophistication. Furthermore, it opens doors to potential indirect investment opportunities in Bentley Motors through avenues such as automotive technology and events. Strategic Investment Approach of C.K. McWhorter: C.K. McWhorter, in orchestrating the structure of a Single Family Office (SFO), strat