bake -- August 2013 - 8

news bites

CSM Unveils New
Name, Strategy

environmental credentials. As part

with DecoPac for 17 years and

of its efforts in biochemicals, Corbion

formerly held the position of execu-

has entered partnerships with BASF

tive vice president.

CSM n.v. has unveiled a new name

and Cargill.

and strategy to mark the latest stage

LloydPans to Unveil
New Pan Coating

of its ongoing transformation into a

Corbion is targeting average organic

provider of biobased products, with

sales growth of 6% to 9%, with average

activities focused in biobased food

organic sales growth for the biobased

ingredients and biochemicals. The

food ingredients division forecast at 3%

LloydPans is marking its ﬁrst ever

company’s new name is Corbion.

to 5% and average organic sales growth

attendance at this year’s International

for biochemicals forecast at 15% to 20%.

Baking Industry Exposition by

“Our new name and logo signify the

introducing a revolutionary new pan

next phase in the development of our

Earlier this year, CSM agreed to sell

coating available on the company’s

company,” said Gerard Hoetmer, CEO.

the bakery supplies business to

complete line of baking pans. The

“We will leverage our proprietary

Rhone Capital LLC for approximately

Silver-Kote coating is permanent,

technologies and intimate under-

$1,361 million. The acquisition includes

and unlike glazes, provides easy

standing of customers and consumers

the European Bakery Supplies and

release for the life of the pan,

to further develop our market posi-

North American Bakery Supplies

and does not require re-coating.

tions in biobased products. In short,

businesses (excluding Caravan

we create value for our customers

Ingredients) as well as the interna-

LloydPans’ Silver-Kote coating system

through our biobased products,

tional bakery supplies activities.

is unique in the baking industry, and

designed by science, powered by

Rhone Capital also will acquire

is applied to baking pans and sheets

nature and delivered through our

the CSM brand name.

using a Type 2, or light coat anodizing

dedication. This will in turn create
value for our shareholders.”
Corbion said it expects to be a leading
player in biobased food ingredients by
offering high value-added ingredients

process, that fuses a ceramic-like shell

DecoPac Appoints
Anderson as
President

to food companies, helping them solve

directly onto the pan. The permanent
coating is toxin-free, pre-seasoned
and provides for easier de-panning,
cleaning and release when used
in combination with standard
release aids.

food integrity issues such as food

DecoPac, Inc. announces the appoint-

safety, microbial spoilage, look and feel,

ment of John Anderson as the compa-

“We are happy to be launching

and taste and smell. The company said

ny’s new president. “Our board of

our innovative Silver-Kote coating

it plans to be especially strong in the

directors is excited to elect John to lead

to the baking industry at this year’s

bakery and meat sectors, and organic

DecoPac to bigger and better things

International Baking Industry

growth “will be driven by leveraging

in the world of cake decorating,” says

Exposition,” John Crow, LloydPans’

its leadership positions into adjacent

Mike McGlynn, CEO of DecoPac. “John

founder says. “In tests with bakeries,

markets, and will be supported by

has demonstrated the skills, knowledge,

this permanent, non-toxic coating

selective M&A.”

and ability that make him the perfect

system outlasts glazes by as much

person for the position. He has been

as ten times, and allows bakeries

In biochemicals, Corbion said it plans

directly involved in all aspects of the

to substantially reduce the amount

to become “a fast-growing, innovative

company’s ongoing success, including

of oil they use.”

supplier of fermentation-derived,

strategic acquisitions and partnerships,

sustainably sourced biochemicals.”

internal growth and innovation, market

LloydPans will be exhibiting its

The company’s strategy will be to

and product line expansion.”

Silver-Kote coating system and

replace fossil-based chemicals in

complete line of commercial

selected markets by offering products

As president, Anderson will be

baking pans at Booth #7750 at

with similar or improved functionality,

responsible for all aspects of the

the International Baking Industry

lower cost-in-use, and enhanced

company’s operation. He has been

Exposition Oct. 6-9 in Las Vegas.

08 < AUG 2013 | bakemag.com
http://www.bakemag.com
bake -- August 2013

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