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UNIVERSAL FOODS INTRODUCES BIOTECH-DERIVED PIGMENT FOR AQUACULTURE INDUSTRY

 UNIVERSAL FOODS INTRODUCES BIOTECH-DERIVED PIGMENT
 FOR AQUACULTURE INDUSTRY
 MILWAUKEE, June 3 /PRNewswire/ -- Universal Foods Corporation (NYSE: UFC) has announced it is manufacturing and test marketing a new biotechnical product, Red Star(R) "Phaffia" Yeast, which is a source of pigment and nutrients for farm-raised salmon. The product is bio- engineered to contain high concentrations of astaxanthin, the natural pigment in the pink flesh of wild salmon. All salmon develop their pigmentation through dietary sources of astaxanthin. Red Star(R) "Phaffia" Yeast is the only natural source of astaxanthin for salmon produced by aquaculture.
 In announcing the availability of the product, Guy A. Osborn, chairman and chief executive officer, said, "Salmon consumption has been growing by 12 percent a year over the last five years, with future consumption rates expected to continue double-digit growth. The worldwide market for this product is estimated to be about $100 million per year. We anticipate 'Phaffia' will gain a significant share of this market during the next few years, as more producers of farm-raised salmon switch to natural, rather than synthetically derived, pigment. We are currently supplying customers in Chile and Canada."
 Red Star(R) "Phaffia" Yeast is the first commercial product to be developed by Universal BioVentures, the biotechnology unit established in 1987 to build on the company's 110 years of fermentation expertise. Fermentation is the process used to generate this strain of "Phaffia" yeast. Work during the last several years has included numerous feeding trials at universities in the United States as well as commercial feeding trials with the salmon farming industry in Chile. An agreement has been signed with the Merck Chemical Company in Chile to act as the exclusive distributor of the product in that country.
 Universal Foods is an international manufacturer and marketer of value-added food products. These include food flavors, food colors, the world's most diversified lines of frozen potato and yeast products, and dehydrated vegetables.
 -0- 6/3/92
 /CONTACT: Paula C. Norton, director, corporate communications of Universal Foods Corporation, 414-347-3827/
 (UFC) CO: Universal Foods Corporation ST: Wisconsin IN: FOD SU: PDT


BM -- CL005 -- 6525 06/03/92 09:42 EDT
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Publication:PR Newswire
Date:Jun 3, 1992
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