The current high demand of guar has generated a lack of guar availability for food applications, and the current shortage is likely to continue, according to Adrian Zingg, global product manager, Guar & LBG at DuPont Nutrition & Health: “As a result of that shortage, guar prices have sharply increased, reaching 10-fold the levels just 18 months ago and we expect demand to continue to grow in the future”.
To address this issue, DuPont offers:
• DuPont™ Danisco® hydrocolloids encompass the widest range of hydrocolloids in the food industry. Our products includes alginate, carrageenan, cellulose gum, guar gum, locust bean, microcrystalline cellulose, pectin, xanthan gum as well as customised solutions/blends of hydrocolloids, emulsifiers, enzymes etc., sold under the DuPont™ Grindsted® and Cremodan® trademarks.
• A wide series of guar gum alternatives have already been developed. Alternative solutions are offered across a broad range of industries and applications and with cost savings of up to more than 50 percent for 1:1 substitution solutions.
• A strong technical expertise in all hydrocolloids and application know-how extended through several food Applications & Development centers close to customer requirements worldwide.
• A full control of the supply and manufacturing of our hydrocolloids and systems blends. DuPont operates its own BRC certified production facilities dedicated to the manufacture of hydrocolloids or customised blends.
DuPont™ Danisco® is the brand for a range of products that help provide enhanced bioprotection, an improved nutritional profile, and better taste and texture with greater cost efficiency and lower environmental impact, meeting the needs of manufacturers of food and beverages, dietary supplements and pet food. Through the work of the global network of food scientists and technologists in DuPont, the Danisco® range is supported by a uniquely broad spectrum of know-how across applications and processing. www.danisco.com
DuPont Nutrition & Health addresses the world’s challenges in food by offering a wide range of sustainable, bio-based ingredients and advanced microbial diagnostic solutions to provide safer, healthier and more nutritious food. Through close collaboration with customers, DuPont combines knowledge and experience with a passion for innovation to deliver unparalleled customer value to the marketplace.
DuPont (NYSE: DD) has been bringing world-class science and engineering to the global marketplace in the form of innovative products, materials, and services since 1802. The company believes that by collaborating with customers, governments, NGOs, and thought leaders we can help find solutions to such global challenges as providing enough healthy food for people everywhere, decreasing dependence on fossil fuels, and protecting life and the environment. For additional information about DuPont and its commitment to inclusive innovation, please visit www.dupont.com.
This news release contains forward-looking statements based on management's current expectations, estimates and projections.
All statements that address expectations or projections about the future, including statements about the company's strategy for growth, product development, market position, expected expenditures and financial results are forward-looking statements. Some of the forward-looking statements may be identified by words like "expects," "anticipates," "plans," "intends," "projects," "indicates," and similar expressions.
These statements are not guarantees of future performance and involve a number of risks, uncertainties and assumptions. Many factors, including those discussed more fully elsewhere in this release and in documents filed with the Securities and Exchange Commission by DuPont, particularly its latest annual report on Form 10-K and quarterly report on Form 10-Q, as well as others, could cause results to differ materially from those stated.
These factors include, but are not limited to changes in the laws, regulations, policies and economic conditions, including inflation, interest and foreign currency exchange rates, of countries in which the company does business; competitive pressures; successful integration of structural changes, including restructuring plans, acquisitions, divestitures and alliances; cost of raw materials, research and development of new products, including regulatory approval and market acceptance; seasonality of sales of agricultural products; and severe weather events that cause business interruptions, including plant and power outages, or disruptions in supplier and customer operations. The company undertakes no duty to update any forward-looking statements as a result of future developments or new information.
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