Huber buys number one xanthan gum and pectin slot

Family-owned US firm JM Huber has become the number one pectin, xanthan gum and CMC supplier after yesterday agreeing to buy leading hydrocolloid firm CP Kelco from merchant bank Lehman Brothers, reports Lindsey Partos.

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Market trendsCereals and bakery preparations

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Number one global xanthan gum supplier CP Kelco is on the auction block as majority stakeholder merchant bank Lehman Brothers opts to sell its slice in the leading hydrocolloid company, reports Lindsey Partos.

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