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CP Kelco Announces Global Biogums Price Increase.


ATLANTA -- Effective November 15, 2005, CP Kelco will increase prices on its biogums product range. Prices for currently contracted business will be adjusted as individual contracts come due.

Price increases are as follows: 5-10% for xanthan gum xan·than gum
n.
A natural gum of high molecular weight produced by culture fermentation of glucose and used as a stabilizer in commercial food preparation.
 and xanthan blends; and 10% for gellan, wellan and diutan gums.

"We have aggressively pursued multiple initiatives to reduce costs, however we continue to face strong increases in raw material, energy and freight costs," says Bruce Dructor, Vice President, Operations & Business Management. "The price increases allow CP Kelco to offset some rising costs while continuing to invest in industry-leading innovation and technology development."

According to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 Mike Size, Biogums Business Director, CP Kelco remains committed to ensuring supply, as well as to delivering superior product quality, new product innovations, and expanded technical capabilities and service.

"As a leading producer of biogums, and the only producer of welan and diutan gum, we will continue to deliver steady supply and consistent, superior product performance for all customers around the globe," says Size. "A great example of our innovation is the recent product launch of KELCOGEL(TM) PS, which enables our beverage customers to suspend pulp solids without adding thickness to the overall beverage."

ABOUT CP KELCO:

CP Kelco is a leading global producer of specialty hydrocolloids, with more than 2,000 customers in over 100 countries and facilities in North America, Europe, Asia, and Latin America. Owned by J.M. Huber Corporation, CP Kelco's product lines include pectin pectin, any of a group of white, amorphous, complex carbohydrates that occur in ripe fruits and certain vegetables. Fruits rich in pectin are the peach, apple, currant, and plum. Protopectin, present in unripe fruits, is converted to pectin as the fruit ripens. , xanthan gum, carrageenan car·ra·geen·an or car·ra·geen·in
n.
Any of a group of closely related colloids derived from several red algae, widely used as a thickening, stabilizing, emulsifying, or suspending agent in pharmaceuticals.
, cellulose gum, locust bean gum Locust bean gum is a galactomannan vegetable gum extracted from the seeds of the Carob tree. It is used as a thickener and gelling agent in food technology. It is also called Carob Gum. External links
  • LSBU carob gum webpage
, gellan gum, microparticulated whey protein whey protein,
n soluble protein found in milk whey that has been clotted by rennin, examples of which include alpha-lactalbumin, lactoglobulin, and lactoferrin.
 concentrate and other novel biopolymers, all marketed under brand names including GENU genu /ge·nu/ (je´nu) pl. ge´nua   [L.]
1. the knee.

2. any kneelike structure.


genu extror´sum  bowleg.

genu intror´sum  knock-knee.
(R), GENUGEL(R), GENUTINE(R), GENUVISCO(R), GENULACTA(R), SLENDID(R), KELCOGEL(R), KELTROL(R), FINNFIX(R), CEKOL(R) and SIMPLESSE(R). For more information, see www.cpkelco.com.

ABOUT J.M. HUBER CORPORATION

J.M. Huber Corporation, headquartered in Edison, NJ, is a diversified, multinational supplier of engineered materials, natural resources and technology-based services to customers spanning many industries from paper and energy to plastics and construction. With announced sales exceeding $2 billion, J.M. Huber Corporation is one of the largest family-owned companies in the United States. The company offers total solutions in hydrocolloids, inorganic chemistry inorganic chemistry, the study of all the elements and their compounds with the exception of carbon and its compounds, which fall under the category of organic chemistry. , engineered wood composites and other specialties. For more information, see www.huber.com.
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Publication:Business Wire
Geographic Code:4EUFR
Date:Oct 18, 2005
Words:378
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