PROFILE |
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CP Kelco makes money with consistency: The company makes additives used to give food, industrial, personal care, and pharmaceutical products texture and stability. Formed in 2000 by the combination of Hercules' Copenhagen Pectin/Food Gums Division and the Kelco Biopolymers unit of Monsanto/Pharmacia, CP Kelco's products include carrageenan, pectin, gellan gum, xanthan gum, and microparticulated whey protein. These additives give everything from jam and ketchup to paint and cosmetics the desired texture and viscosity characteristics. Lehman Brothers and Hercules Incorporated own 71% and 29% of CP Kelco, respectively.
COMPETITION |
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The Dow Chemical Company (DOW)
FMC Corporation (FMC)
Rohm and Haas Company (ROH)
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FINANCIAL OVERVIEW |
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1999 Sales (mil.): 450.00
Employees: 1,850
Revenue per employee: $243,243.24
KEY PEOPLE |
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Robert B Toth
CEO
Jerome P. Hunter
CFO
CONTACT INFO |
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1313 North Market Street
Wilmington, DE 19894
US
Phone: 302-594-7200
Fax: 302-594-7201
Online: Web Site
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