Danisco buys Scotcol PES plant
15th June 2004
Danisco, who seem to be rapidly becoming the hydrocolloids superpower, have added another string to their bow with the acquisition of the Scotcol Biopolymers carrageenan factory. Danisco have acquired the factory and equipment but not the business, which was sold in a separate deal. The full announcement reads:
Danisco buys equipment for semi-refined carrageenan production in Scotland
Danisco Textural Ingredients has purchased a full production line for processing semi-refined carrageenan (PES) from Scottish Scotcol.
The purchase is Danisco´s debut in PES production. A main part of the future market growth in carrageenan will be based on PES. Scotcol recently went into liquidation and Danisco continues the production.
"Danisco will now be able to produce a type of carrageenan that we previously purchased from the outside. The expansion of our product portfolio is part of our one-stop supplier strategy," says Hans Henrik Hjorth, President, Danisco Textural Ingredients.
Carrageenan is a stabiliser based on seaweed. Today PES is mainly used in the meat and dairy segments. However, the market sees interest from the major food companies who want to use semi-refined carrageenan in broader applications in order to reduce costs.
The purchase price is not disclosed.
For more information, please contact:
Hans Henrik Hjorth,
President, Danisco Textural Ingredients,
tel.: +45 32 66 20 00,
e-mail: hans.henrik.hjorth@danisco.com
Natalie E. Weber,
Media Relations Manager, Danisco,
tel.: +45 3266 2927, e-mail: natalie.weber@danisco.com