Courtesy news by By Jayashree Maji Dec 16 2010, New Delhi
Germany-based Dr Oetker Group has completed the takeover process of Delhi-based Fun Foods. The Rs 110-crore acquisition was announced in 2008. The company is now looking at increasing its manufacturing capacity and setting up a new plant in Bhiwadi in Rajasthan by end-2012.
“The new plant will not only take care of the existing product portfolio, but will also manufacture Dr Oetkar’s food products which we will launch in a few months’ time. At present we have three plants — two in Uttarakhand and one in Rajasthan,” said Oliver Mirza, managing director of the newly christened Dr Oetkar India & Fun Foods. The company makes popular condiments including sandwich spreads, mayonnaise and sauces.
“The land for the plant is already in place. It is six times bigger than the area of the three existing plants put together. I would not be able to divulge the exact size and capacity now. But this plant will take care of the foods division of Dr Oetkar Group,” said Mirza. He did not divulge the investment involved for the upcoming plant.
The German foods company has other divisions including beer and wine business. “We are completely decentralised. In India, we are focusing completely on the food segment,” said Volkmar Preuss, board member and executive VP sales of Dr Oetker Global Food Division and director of Dr Oetker India & Fun Foods.
“In the last three years, we have learnt a lot about the Indian market. The business of sauces and dips is a local strategic core business. We have local strategic business in other countries too, such as muesli in Germany, nuts and pizza in Italy, and pastry in France. Within the next six months, we will launch some new products from our international portfolio,” Preuss said.
Dr Oetker India & Fun Foods is expecting to close this financial year at Rs 70 crore. Last financial year, the company had recorded revenue of Rs 53.4 crore. Almost 50 per cent of the company’s business comes from the B2B segment.
http://www.mydigitalfc.com/news/fun-foods-kitty-dr-oetker-plans-new-plant-rajasthan-614
Tags: Bhiwadi, Dr Oetker,Fun Foods,News,opportunity in Rajasthan, Germany
Guar Gum is an important ingredient in producing food emulsifier, food additive, food thickener and other guargum products. India is the largest producer of guar gum products. Its guar gum exporters, guar gum manufacturers, guar gum products suppliers, foo emulsifier exporter have reached to many countries and today there is a lot of demand for indian guar gum products, food additives, food thickener and other allied guar gum products.
Guar gum is extracted from the seed of Cyamopsis tetragonoloba, an annual leguminous plant originating from India and Pakistan, also cultivated in the United States. Guar Gum grows best in sandy soils, in areas of West, Northwest India and parts of Pakistan, which are ideal for it's farming. Jodhpur City in the North Western state of Rajasthan in India is the most important processing center of Guar Gum and contributes approximately 40% of the world's Guar Gum supply. Indian Guar Gum Products are exported and supplied all over the world by different guar gum exporters, guar gum manufacturers, guar gum suppliers and guar gum exporter. Many food emulsifier exporter also exports superior quality food additive, food thickener and food emulsifier.
Guar gum is an emulsifier, thickener, and stabilizer approved for use in a wide range of foods, cosmetics, and pharmaceuticals. Gum Technology Stabilizers are carefully controlled blends of various food ingredients. They are mostly natural vegetable gums which come from sources such as seeds, plant exudate and marine plants. These may be blended with other hydro-colloids or food ingredients such as fats or emulsifiers.
India is famous for guar gum products and food additives. It is sold as a white to yellowish odorless powder, which is available in different viscosities depending on the desired one. One advantageous property of guar gum is that it thickens without the application of heat. Guar Gum has the following properties, which make it useful in variety of applications.
Easy solubility in cold and hot water
Film forming property
Resistance to oils, greases and solvents
Better thickening agent
Water binding capacity
High viscosity
Functioning at low temperatures
Industrial application of guar gum includes the textile industry where guar gum's excellent thickening properties are used for textile sizing, finishing and printing. In the paper industry Guar is used as an additive where It gives denser surface to the paper used in printing. And in the explosive industry guar is mixed in Ammonium Nitrate, Nitroglycerine and Oil explosives, where it helps maintain the explosive properties of the product even in wet conditions.
In the food, pharmaceutical and cosmetics industry, Guar Gum is used as an effective binder, stabilizer, dis-integrator and thickener. In bakeries, diaries and in production of meat and, dressings and sauces, Guar is an important natural food supplement with high nutritional value, for weight gain and cholesterol reduction. In cosmetics, especially shampoos and toothpastes, guar gum is used primarily as a thickening and suspending agent. In beverages, it is used as stabilizer for preparing chocolate drinks and juices. Guar is also widely used in tobacco, leather, insecticides and pesticides, crayons, adhesives etc. Guar gum comes in different forms - from seeds to powder. Main types of Guar Gum include Guar Seed, Un-dehusked Split, Refined Split, Pulverized Guar Gum Powder, Guar Protein and Guar Meal.
Courtsey via TradeIndia.com
