Company news | May 2006

New leadership at Givaudan
Effective July 1, Mauricio Graber will be the global head of the flavours division for Givaudan. Mike Davis will retire from the position after more than 14 years of successful leadership. Graber began his career with Givaudan in 1995 as managing director for Latin America with Tastemaker. Upon the merger of Tastemaker with Givaudan Roure, Graber became the managing director for Mexico, Central America and the Caribbean before taking over as vice president for Latin America in 2000. Davis' distinguished career has spanned 30 years in the flavours industry.



Carotech expands production
Carotech, a leader in the worldwide supply of natural tocotrienol complex, will invest $40 million in a new plant in Lumut, Malaysia. It is the company's greatest single investment since its founding. Located on 32 acres, the new facility will primarily increase production capacity for its successful Tocomin natural full spectrum palm tocotrienol complex and Caromin natural palm mixed carotene complex product lines.



New Hope names exec
Alan Peterson has been appointed senior vice president of trade shows at New Hope Natural Media, the Boulder, Colorado-based producer of Natural Products Expo East, Natural Products Expo West, SupplyExpo, the Nutracon Conference and the Healthy Foods Conference, as well as events in Europe and Asia. Peterson is the former owner of Collaborative Service Group, which produced the International Association of Exposition Managers Exposition and Washington Mutual, Inc.'s State of the Group Annual Exposition.



Ocean Spray senior manager
Lee Doleman has been named senior manager for European sales at Ocean Spray ITG. Doleman was commercial director of J O Sims, one of the UK's leading food ingredients suppliers, and brings a wealth of industry experience and market knowledge to the role. Before joining J O Sims five years ago, Doleman worked in senior roles at fruit market leader Whitworths, and within the savoury ingredients industry.





Nutra buys Optyx SG
Nutra, the manufacturing arm of GNC, has purchased Optyx SG, the new optical inspection system for softgels, and other SYMETIX automation that supports the transition toward integrated/automated processing. ?Optyx SG, which was introduced in 2005, inspects each softgel capsule at high production rates and identifies and removes defective softgels and foreign capsules from the product stream. ?Nutra's Optyx SG will be the first installed system in production. SYMETIX is the pharmaceutical business unit of Key Technology.



NBJ awards Sabinsa
Nutrition Business Journal (NBJ) named Sabinsa Corporation as the recipient of its product merit award for its branded L-(+)-Selenomethionine compound, Selenium SeLECT. NBJ also gave the company an investment in science and research award for ForsLean, the company's branded and patented Coleus forskohlii extract ingredient used to improve body composition. NBJ presents its annual business achievement awards to companies for distinguished achievements in various business categories within the natural products industry. Sabinsa Corporation is a manufacturer and supplier of high-quality herbal extracts, cosmeceuticals, minerals and speciality fine chemicals.

Wellgen raises capital
Series B financing totaling $3 million is complete, according to WellGen, a biotechnology company using nutrigenomics to discover and develop plant-based wellness products. The company says the capital raised will provide resources for clinical studies in humans under its obesity and inflammation programmes aimed at developing promising nutritional products. WellGen's obesity program is based on the study of a proprietary gene panel of carefully selected genes directed at affecting obesity.? Functional foods ingredients from this program are expected to control weight via a gene-controlling mechanism of action that is different from those in other products on the market.? The company anticipates beginning human clinical studies during 2006.?Amphion Innovations plc, a firm that builds and operates companies in the life sciences and medical technology markets, was lead investor in WellGen for this round.

Changes at Pure Fruit
Rapid growth at Pure Fruit Technologies, a provider of healthy exotic juice supplements, has prompted the appointments of LaMar Wiscombe to the position of senior manager, international sales and Scott Lifferth to the position of US sales representative. Prior to coming to Pure Fruit, Wiscombe worked with companies such as Young Living Essential Oils and Nature's Way Products, while Lifferth was coordinator/developer at Focal Point Development. Wiscombe will direct international distributor relationships and communications. Lifferth will manage sales and shipments to health food stores.

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