DSM and AVEBE announce partnership for development of
creaminess-enhancing products
Royal DSM N.V. and AVEBE U.A. today announce that the business group
DSM Food Specialties and AVEBE Food have entered into a strategic
partnership. The combination of DSM's enzyme expertise and AVEBE's
starch knowledge will lead to new opportunities for the development
of innovative creaminess-enhancing products for the food industry.
The partnership has already led to the development of Etenia(TM), a
natural, clean label ingredient derived from potato starch designed
for a variety of applications. "Etenia has already demonstrated its
unique creaminess and melt-in-mouth qualities in yogurts and dairy
drinks and seems to be ideally suited as a fat replacer," comments
Paul Sheldrake, Marketing Manager at AVEBE.
As a result of the partnership agreement, AVEBE will be responsible
for the marketing and sales of Etenia(TM) in dairy applications and
will introduce the product to the European market. Another
application area currently under development for Etenia(TM) is cakes.
Etenia(TM) forms an integral part of DSM's revolutionary 'toolkit'
for the cake industry, which is scheduled for launch in October
2007.
"We are delighted to announce this partnership to the food industry,"
comments Alexander Wessels, business group director of DSM Food
Specialties. "By combining the strengths of both companies, we can
better serve our customers. We are confident that this relationship
will provide the ideal platform for successful new product
development. It's yet another example of market-driven growth and
open innovation - one of the key pillars in DSM's strategy Vision
2010 - Building on Strengths."
AVEBE
AVEBE is a global starch company. We create and market starch based
solutions for food, feed, paper, building, textiles and adhesives
industries. We have operations in several countries and employ around
1500 people worldwide. AVEBE sets out to help its clients to develop
innovative starch-based products. That strategy is based on cost
price leadership, innovation and partnership. More information about
AVEBE can be found at www.avebe.com
DSM Food Specialties
DSM Food Specialties is a leading producer of value-added ingredient
solutions for the international food and beverage industries. With
1,400 employees active in 25 locations worldwide, DSM Food
Specialties is a truly global player. More information about DSM Food
Specialties can be found at www.dsmfoodspecialties.com.
DSM
DSM is active worldwide in nutritional and pharma ingredients,
performance materials and industrial chemicals. The company creates
innovative products and services that help improve the quality of
life. DSM's products are used in a wide range of end markets and
applications such as human and animal nutrition and health,
cosmetics, pharmaceuticals, automotive and transport, coatings,
housing and electrics & electronics (E&E). DSM's strategy, named
Vision 2010 - Building on Strengths, focuses on accelerating
profitable and innovative growth of the company's specialties
portfolio. Market-driven growth, innovation and increased presence in
emerging economies are key drivers of this strategy. The group has
annual sales of over EUR 8 billion and employs some 22,000 people
worldwide. DSM ranks among the global leaders in many of its fields.
The company is headquartered in the Netherlands, with locations in
Europe, Asia, Africa and the Americas. More information on DSM can be
found at www.dsm.com.
For more information:
DSM Corporate Communications DSM Investor Relations
Nelleke Barning Dries Ausems
tel. +31 (0) 45 tel. +31 (0) 45 5782864
5782017 fax +31 (0) 45 5782595
fax +31 (0) 45 e-mail
5740680 investor.relations@dsm.com
e-mail media.relations@dsm.com
DSM Food Specialties AVEBE
Saskia Nuijten Johan Russchen
tel: +31 15 279 2685 tel: +31 598 664208
fax: +31 15 279 3540 fax: +31 598 664273
e-mail info.bakingenzymes@dsm.com e-mail: Info@avebe.com
AVEBE Food
Paul Sheldrake
tel. +44 (0) 7967 708 920
e-mail:
paul.sheldrake@avebe.com
