Huber: Global Organization Broadly diversified multi-national portfolio: Engineered materials Natural resources Technology-based services 80 locations in 20 countries >$1 billion in annual sales About 5,000 employees Experienced management team J.M. Huber Corporation Privately held by founding family for more than 120 years Transitioning into a specialty company Technological leader Well established in growthoriented markets Introduction to CP Kelco The Huber Business Today CP Kelco Today Fully owned subsidiary of JM Huber Corporation Acquired in 2004 Headquartered in Atlanta, GA CEO – Don Rubright 2400 Employees worldwide Pioneer and leader in Hydrocolloid production Industry Focus: CP KELCO Engineered Materials Consist of 3 parts • CP Kelco - Xanthan Gum - Carrageenan - Pectin - Gellan Gum - CMC - Simplesse • Huber Engineered Materials - Silica - Kaolin - ATH/MDH - Nutrition / Excipients - Calcium carbonate (GCC) • Huber Engineered Woods Food/Beverage Oil field Paper Pharmaceutical Household/Industrial Personal Care Global Footprint Lille Skensved, DK Pectin. Carrageenan Leatherhead, UK Okmulgee, OK Biogums Äänekoski, F CMCI Moscow, RU San Diego, CA Biogums Warsaw, PL Atlanta, GA Tokyo, JP Paris, FR Houston, TX Shanghai, CH Nijmegen, NL CMC Limeira, BR Pectinl Buenos Aires AR Cebu, PH Carrageenan Shandong, CH Biogums Grossenbrode, DE Pectin Manufacturing Facility Major Sales Office/ Regional Application Lab Taixing, CH CMC Singapore, SG Corporate Headquarters Technology Centers CP Kelco Ingredients Portfolio The Innovation Leader in the Production of Polysaccharides by Microbial Fermentation Xanthan Gum Gellan Gum Welan Gum Diutan Gum Microfibrous Cellulose Natural Product Extraction Pectin Carrageenan Refined Locust Bean Gum Modification of Cellulose-Based Raw Materials Carboxymethyl Cellulose (or Cellulose Gum) Microparticulated Protein Simplesse Whey Protein Concentrate Providing innovative products and solutions through the use of nature-based chemistry CP Kelco Ingredients Portfolio Biogums (Fermentation Products): Xanthan - thickening/stabilizing,“cling”, wide pH range Gellan – high and low acyl. Gels and fluid gels Food gums (Extraction Products) Pectin – thickening/ gelling and stabilizing in acidic applications. Good flavour release. Slendid for fat replacement and mouthfeel Sugar Beet Pectin – flavour emulsion, bread improver – nongelling Carrageenan – thickening and gelling, gelatine replacement. LBG (refined, in blends only) – synergy with carrageenan and xanthan, syneresis control, clear Cellulose-Based Products CMC – thickener and stabilizer, cost effective Microparticulated whey protein (Simplesse) – smoothness, soften structure of gel, fat replacement, opacity Key Market Areas – Food • • • • • • • • Bakery Bread, bakery glazing, bakery jams and fillings Beverage systems Fruit, neutral dairy/soy, acidified dairy/soy, dry mixes, concentrates Confectionery Gums and jelly confectionery, aerated candy Dairy Natural and processed cheeses, ice cream, yogurt desserts Fruit based products Jams, jellies, fruit preparations and fruit sauces Meat, poultry, analogue and fish processing Injection and tumbling with brine; restructured and emulsified products Salad dressings, marinades & sauces Pourable, spoonable and reduced-oil dressings, soups, food service Water dessert gels R-T-E jellies, drinking jellies, dessert jellies, water jellies Delivering on Core Competencies CP Kelco Vision Living by the Huber Principles, we will be the world’s preferred, innovative hydrocolloid solution provider. We will have global leadership positions in targeted application spaces. Message from Don Rubright, President and CEO of CP Kelco