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Business

FMC Will Acquire Italian Pectin Firm

by Michael McCoy
August 6, 2012 | APPEARED IN VOLUME 90, ISSUE 32

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FMC has agreed to buy Pectine Italia, an Italian maker of pectin, a hydrocolloid used to stabilize and thicken foods. Pectine Italia derives pectin from lemon peels at a facility in Milazzo, on the island of Sicily. FMC already produces alginate- and carrageenan-based food stabilizers. The company recently announced plans to build a $100 million facility in Thailand for microcrystalline cellulose, another food ingredient.

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