Ajinomoto, T Hasegawa collaborate natural flavours business

Ajinomoto, T Hasegawa to collaborate for natural flavours business

6:40 AM, 20th August 2015
Ajinomoto, T Hasegawa to collaborate for natural flavours business

TOKYO, JAPAN: Ajinomoto Co Inc and T Hasegawa Co Ltd said they have formed a business alliance regarding research, development and commercialization of natural flavours using biotechnologies and fermentation technologies (fermentation-derived natural flavours).

Through a business alliance with T Hasegawa, a flavour company with world-class materials and technologies, Ajinomoto will develop more substantive technologies to freely control “deliciousness”, to meet customers’ needs.

The companies will combine T Hasegawa’s flavour refining and formulation technologies with Ajinomoto’s biotechnologies and fermentation technologies. Jointly the companies aim to launch fermentation-derived natural flavours and develop the business globally within the next several years.

In addition, to increase the effectiveness of the business alliance, Ajinomoto will acquire 900,000 shares (2.11 percent) of treasury stock of T Hasegawa at a cost of approximately JPY 1.6 billion through a third-party allocation.

The global flavours market is worth approximately JPY 1.4 trillion and continues to grow steadily. Within this market, the natural flavours category has grown notably in recent years, backed by a consumer trend toward natural beverages and foods, and high growth is expected to continue. Legal regulations in Europe and the US define natural flavours as products extracted from or created through fermentation of natural materials. Extraction is currently the most commonly used method, but it has issues of securing raw materials and cost. Consequently, methods using fermentation have been attracting attention in recent years.

© Worldofchemicals News



Your Comments (Up to 2000 characters)
Please respect our community and the integrity of its participants. WOC reserves the right to moderate and approve your comment.

Related News

Air Products opens helium production plant in Colorado, US

ALLENTOWN, US: Air Products and Chemicals Inc has commissioned its new Doe Canyon helium production facility in Colorado, US. The Doe Canyon helium pl ...

Read more
BASF products for fluids provide a smooth driving experience

LUDWIGSHAFEN, GERMANY: Cars do not simply consist of solid materials such as steel, plastics or glass. Various different fluids are also essential for ...

Read more
Chemetall launches eco-friendly water-based fluorescent penetrant

BATON ROUGE & NEW PROVIDENCE, US/FRANKFURT, GERMANY: Chemetall, a global business unit of Albemarle Corporation has introduced a new water-based p ...

Read more
PPG donates $120,000 to Penn State for undergraduate research

PITTSBURGH, US: The PPG Industries Foundation has donated $120,000 to the Pennsylvania State University (Penn State) for its Materials Research Instit ...

Read more
PPG adds custom midcoat to vibrance collection brand

STRONGSVILLE, US: PPG Industries Inc's automotive refinish business has introduced VWM500 custom midcoat, a solvent-borne, VOC-compliant vibrance coll ...

Read more
Ineos bags UK government’s three shale gas exploration licenses

LYNDHURST, UK: Ineos Group Ltd said it has been awarded three new petroleum exploration and development licenses covering a total area of approximatel ...

Read more
www.worldofchemicals.com uses cookies to ensure that we give you the best experience on our website. By using this site, you agree to our Privacy Policy and our Terms of Use. X