Brenntag is to acquire Asian chemicals distributor EAC Industrial Ingredients for €160m cash in a move that will significantly expand its presence in the Asia food, cosmetics and pharmaceutical sectors.
Europe and the US continue to dominate demand in the €4.5 billion
flavours market, but Asia Pacific region is quickly catching up
thanks to high single-digit growth, reveal figures from a new
report, writes Lindsey Partos.
Danisco Flavours has said that it will double its flavour
production in Asia with the construction of a brand new production
facility at its existing emulsifier and functional systems plant in
Fortitech, a US supplier of nutrient systems, announced yesterday
that the chemical group BASF has completed the transfer of its
human nutrition premix business and customers in the Asia Pacific
region to Fortitech.