Kelco currently produces carrageenan products at manufacturing plants
in Lille Skensved, Denmark, and Sibonga, Cebu, Philippines. Based on CP
Kelco’s strategy and business objectives, a decision has been made to
seek a strategic buyer for the Cebu site.
CP Kelco is not
exiting the carrageenan business. Utilizing our deep applications
expertise and technology, the company remains committed to providing the
global market with high-quality carrageenan products, now and in the
future.
About CP Kelco
Headquartered
in Atlanta, Georgia, USA, and part of J.M. Huber Corporation, 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, Xanthan Gum, Cellulose Gum, Carrageenan, Diutan Gum and Microparticulated Whey Protein Concentrate, as well as other unique biopolymers. Visit www.cpkelco.com for more information.
CONTACT:
Michele Cacdac-Jones
Director, Global Communications
Office: +1 678 247 7149
Mobile: +1 770 743 0564
michele.cacdac-jones@cpkelco.com
SOURCE : CP Kelco U.S., Inc.
CP KELCO SEEKS STRATEGIC BUYER FOR CARRAGEENAN PLANT IN CEBU, PHILIPPINES
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