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AarhusKarlshamn: AAK Opens New Factory for Speciality Fats in Karlshamn.


STOCKHOLM, Sweden -- Regulatory News:

A new production line for the manufacturing of speciality fats for infant formula Infant formula is an artificial substitute for human breast milk. Formulas are designed for infant consumption, and are usually based on either cow milk or soy milk. Use of infant formula has been decreasing in industrial countries for over forty years as a result of antenatal  opened today at AAKos (STO:AAK AAK Aleanca për Ardhmërinë e Kosovës (Albanian: Alliance for the Future of Kosovo)
AAK Ausschuß Aachener Karneval (Carnival of Aachen Committee, Germany)
AAK Asleep At the Keyboard
AAK Alive and Kickin'
) factory in Karlshamn, Sweden. AAKos joint venture with Israeli biotech company, Enzymotec, has successfully introduced a range of fats within business area Food Ingredients, designed to meet the very specific demands from infant formula producers.

To meet the growing demand from global customers, AAK has invested in a significant expansion of production capacity. Construction is now completed and production has started.

"This 30 million SEK SEK

In currencies, this is the abbreviation for the Swedish Krona.

Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.
 investment is an important step of our growth strategy. The new investment will give us a leading position in speciality fats for infant nutrition and provide a platform for further growth in this segment. Sales are increasing rapidly and we are pleased to announce the successful conclusion of this project", said AAK president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  Jerker Hartwall.

"The organic growth specialization strategy is based on strong product development focused on, in particular, health promoting solutions. Selective acquisitions are complementing this strategy, and the acquisition of Croda Food Service in the area of Bakery and Rapsona (both business area Food Ingredients) came into effect in 2008 with a total turnover of approx 300 million SEK" said Jerker Hartwall.

Facts/AAK

AAK is the world's leading manufacturer of high value-added speciality vegetable fats. These fats are used as substitutes for butterfat butterfat

globules in the milk of all species. It can be separated to make butter. The nutritional value and the price of milk are judged on, among other things, the butterfat content of the milk.
 and cocoa butter cocoa butter
n.
A yellowish-white fatty solid obtained from cacao seeds and used as an ingredient in cosmetics, tanning oils, chocolate, and soap. Also called cacao butter.
, as transfree solutions for fillings for chocolate and confectionery products, and in the cosmetics industry. AAK has production facilities in Denmark, the Netherlands, Mexico, Great Britain Great Britain, officially United Kingdom of Great Britain and Northern Ireland, constitutional monarchy (2005 est. pop. 60,441,000), 94,226 sq mi (244,044 sq km), on the British Isles, off W Europe. The country is often referred to simply as Britain. , Sweden, Uruguay and the USA. The company is organised in three Business Areas; Chocolate and Confectionery Fats, Food Ingredients and Technical Products & Feed. Read more at www.aak.com.

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Publication:Business Wire
Date:Sep 24, 2008
Words:297
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