CP Kelco Seeks Strategic Buyer for Carrageenan Plant in Cebu, Philippines
(Thomson Reuters ONE) -
ATLANTA, May 31, 2017 (GLOBE NEWSWIRE) -- CP 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(at)cpkelco.com
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: CP Kelco via GlobeNewswire
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Datum: 31.05.2017 - 16:21 Uhr
Sprache: Deutsch
News-ID 545564
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Town:
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Kategorie:
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