CP Kelco Announces Price Increase Across its Entire Hydrocolloid Range.ATLANTA -- CP Kelco announces significant price increases across its product ranges of 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. , 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. , carboxymethyl cellulose Noun 1. carboxymethyl cellulose - an acid derivative of cellulose cellulose - a polysaccharide that is the chief constituent of all plant tissues and fibers , cellulose gum, gellan gum Gellan gum is a polysaccharide produced by Sphingomonas elodea, a bacterium. Soluble in water, it is used primarily as an alternative to agar as a gelling agent in microbiological culture. , 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 welan gum effective from November 1, 2007. Increases will depend on specific product lines and applications with some products however requiring double digit increases. Despite aggressive and successful productivity improvement programs, CP Kelco could only partially offset multiple years of unprecedented cost inflation. During that period, CP Kelco has however invested significant capital in its Chinese and Brazilian operations, and will sustain the commitment to further invest in hydrocolloids to deliver superior quality, product safety assurance, technical support and innovative hydrocolloid hydrocolloid /hy·dro·col·loid/ (-kol´oid) a colloid system in which water is the dispersion medium. hy·dro·col·loid n. 1. A substance that forms a gel with water. 2. solutions. We will work with our customers in the next few weeks to communicate and implement the increases as contracts permit. About CP Kelco CP Kelco is a leading global producer of specialty hydrocolloids. It operates facilities in North America, Europe, Asia and Latin America. For more information, visit 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 industries from paper and energy to plastics and construction. With sales of more than $2 billion, J.M. Huber Corporation is one of the largest family-owned companies in the United States. For more information, visit www.huber.com. |
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