CP Kelco shuts UK plant
- Published: 20 September, 2007
Page 5
CP Kelco has blamed rising costs and heavy competition for the closure of its UK xanthan gum plant. The price of xanthan gum, a hydrocolloid used for its thickening and stabilising properties, has remained low in recent years as the Chinese have increased their market share. However, prices are expected to rise again next year.
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