Thursday, 30 June 2016

Focus Conferences and New Developments at PotatoEurope 2016

Focus Conferences and New Developments at PotatoEu...

  The innovations introduced by ARVALIS - Institut du végétal and its technical partners at Potat...

Exclusive Interview – Europatat: “We Need to Keep Potatoes Trendy”

Exclusive Interview – Europatat: “We Need to Keep ...

On he occasion of the Europatat Congress, we have had the opportunity to interview Mr. Kees van Aren...

PotatoEurope 2016: Numerous Dynamic Demonstrations Over 23 Hectares

PotatoEurope 2016: Numerous Dynamic Demonstrations...

 PotatoEurope is the largest open-field event devoted to the potato in Europe, which will cover an...

AHDB and CEJA Comment on Vote to Leave EU

AHDB and CEJA Comment on Vote to Leave EU

  The comments on the UK decision to leave EU assaulted media and social networks.

FDF: UK Food Manufacturers Face a Challenging Period after Brexit

FDF: UK Food Manufacturers Face a Challenging Period af...

  UK food manufacturers face a "very challenging period" in the wake of the country's decisi...

Tolsma-Grisnich Group Acquires Majority Share in Farm Electronics Limited

Tolsma-Grisnich Group Acquires Majority Share in Farm E...

  Tolsma-Grisnich, a leading Dutch specialist in intelligent storage technology for potatoes, onions a...

New Rules for Drones in the USA

New Rules for Drones in the USA

  The rules regarding flying drones in the United States have been relaxed, paving the way for thousan...

Case Study: The Experience of Potato Producer Nedato with a Sorting Solution from TOMRA

Case Study: The Experience of Potato Producer Nedato wi...

 The Nedato is a cooperative of 500 farmers, which has been producing quality potatoes to customers acr...

Tong Engineering Introduces New Cleaner Loader Crop Transfer Machine

Tong Engineering Introduces New Cleaner Loader Crop Tra...

   Tong Engineering is set to introduce a new Cleaner Loader crop transfer machine to its latest range...

Kiremko Is the Main Supplier for New Project Linkage Farm Frites China

Kiremko Is the Main ...

  Dutch engineering company Kiremko will be the main supp...

McCain Foods Invests USD65m in Expanding Its French Fries Plant in Canada

McCain Foods Invests...

McCain Foods (Canada) announced a major investment of USD6...

Branston Began the Expansion of Its Potato Processing Plant in Lincoln

Branston Began the E...

The UK potato supplier Branston has begun work on its GBP5...

Processed Potatoes in EU Worth EUR10b in 2014

Processed Potatoes i...

  Processed potatoes (mainly frozen chips and crisps) wer...

Aviko Introduces a Guide for Gluten-free Catering

Aviko Introduces a G...

 The potato processor Aviko is supporting caterers during ...

Scientists Reveal Potato Parasite’s “Toolkit"

Scientists Reveal Po...

  An international research collaboration led by the Univ...

Kangaroo Island Potato Producer Wins the “Mini MBA” for Farmers

Kangaroo Island Pota...

 Kangaroo Island potato producer Peter Cooper has been nam...

CEJA President: Losing Young Farmers Puts the Future of European Food Production at Risk

CEJA President: Losi...

  CEJA President, Alan Jagoe, addressed EU agriculture mi...

Researchers Develop Nutrient-rich Purple Potato

Researchers Develop ...

  A group of researchers from CSU have recently developed...

Search Begins for Scottish Strategic Potato Farm

Search Begins for Sc...

  AHDB has announced the quest for the first farmer host ...

Corn Products International, a leading global provider of ingredient solutions for diversified industries, has entered into a definitive agreement to acquire National Starch, a New Jersey-based global provider of specialty starches, from AkzoNobel, the largest global coatings and specialty chemicals company, headquartered in The Netherlands.

The transaction, which has been approved by the Boards of both AkzoNobel and Corn Products International, is expected to close at the end of the third quarter of 2010, subject to the appropriate regulatory approvals.

Corn Products International is a leading global provider of ingredient solutions for diversified industries based in Westchester, Illinois, in the US.

National Starch - a subsidiary of the former ICI - was taken over by AkzoNobel as part of its acquisition of ICI in January 2008. While it was regarded as an excellent business, the Board of AkzoNobel concluded that National Starch did not offer sufficient opportunity to create value within the company's transformed coatings and specialty chemicals portfolio. In April 2010, it was announced that AkzoNobel had received renewed expressions of interest in National Starch, which had accordingly been reclassified as a discontinued operation.

Commenting on the divestment, CEO Hans Wijers said: "I am pleased that we have found a respected company to be the new home of National Starch, where it will once again be a core operation. This transaction today marks the strong focus on our core business and confirms AkzoNobel's transformation into the world's largest global coatings and specialty chemicals company."

National Starch had 2009 revenue of $1.2 billion from sales of specialty starches to both local and multinational customers in the food, papermaking, consumer and industrial markets. It has 2,250 employees around the world and operates 11 plants in eight countries.

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