Tuesday, April 3, 2007

DSM pulls out of aspartame market

By Anthony Fletcher



30/03/2006 - DSM has today announced its withdrawal from the aspartame business, citing price erosion and unprofitability as key factors.

"The main reason for the withdrawal is that this market is not profitable any more, and we see no chance of it being so in the nearby future," DSM senior communication officer Nelleke Barning told FoodNavigator.

"Although we have made many efforts to cut costs, low market prices mean that we just couldn't make this profitable."

DSM's involvement in aspartame, a key sweetener, is through Holland Sweetener Company (HSC), a 50/50 joint venture between the Dutch ingredients firm and Japanese firm Tosoh Corporation.

http://www.dairyreporter.com/news/ng.asp?n=66736-dsm-aspartame-sweetener

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