SUBSCRIBE

Breaking News on Cosmetics Formulation & Packaging in EuropeUS editionAPAC edition

Headlines > Business & Financial

Read more breaking news

 

 
News in brief

Cargill completes acquisition of starch and sorbital player

28-Jan-2011
Last updated on 28-Jan-2011 at 13:07 GMT2011-01-28T13:07:11Z

Cargill has completed the acquisition of the Indonesian starch and sorbital player PT Sorini Agro Asia Corporindo, allowing it to better serve customers in the Asia Pacific region.

The company now owns 85.01 per cent of Sorini’s shares, which has become a subsidiary of Cargill.

Sorbitol is used in a number of consumer goods including toothpastes, mouthwashes as well as soaps and creams and will add to the hydrocolloids, lecithins, and starches and derivatives already offered by Cargill.

Cargill is obliged to make a tender offer to acquire the remaining shares of Sorini, as required under Indonesian law.

Key Industry Events

Live Supplier Webinars

Instant skin gratification with Prolevis
Croda Europe Ltd - Personal Care

On demand Supplier Webinars

Hair Loss - A CosmeticsDesign Forum
William Reed Business Media
Advanced Resurfacing Solution for zero-defect skin
CODIF RECHERCHE ET NATURE
Agascalm™ reduces stress-induced skin redness
Provital Group
Slow down skin aging with Clariant’s latest natural active
Clariant International Ltd
All supplier webinars