CP Kelco Seeks Strategic Buyer for Carrageenan Plant in Cebu, Philippines
ATLANTA, May 31 (Korea Bizwire) — CP Kelco currently produces carrageenan products at manufacturing plants in Lille Skensved, Denmark, and Sibonga, Cebu, Philippines. Based on CP Kelco’s strategy and business objectives, a decision has been made to seek a strategic buyer for the Cebu site. CP Kelco is not exiting the carrageenan business. Utilizing our deep [...]