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CP Kelco To Expand

October 4, 2006

● CP Kelco, a global producer of specialty hydrocolloids is expanding its business into China to produce purified carboxymethyl cellulose (CMC) in Taixing, Jiangsu Province. This investment improves CP Kelco’s ability to service the expanding Chinese domestic market and greater Asia’s need for CMC –which is the most widely used cellulose ether in the world. This new facility will have an initial capacity of 15,000 MT.
“With this latest investment, CP Kelco increases our global footprint in China, while furthering our continued commitment to produce locally for our Asian customers” said Tom Lamb, CP Kelco’s president and chief executive officer.
Earlier this year, CP Kelco acquired and quickly expanded Shandong Gold Millet Biological Products Company, which is now known as CP Kelco (Shandong) Biological Co. Ltd. and is based in Shandong Province. The company is the second largest xanthan gum facility in China. More info: www.cpkelco.com.
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