LANSING, Mich. Actual
future results and trends may differ materially from historical results or
those expected depending
on a variety of factors listed in Management's
Discussion and Analysis of Financial Condition and
Results of Operations in
the Company's most recently filed Form 10-K.
It may also include sites for
synthetic polymers where there is no appropriate sub-category in Business:
biopolymer biochem
, Neogen Corporation
(Nasdaq: NEOG) announced that it has acquired all outstanding stock of Centrus
International, Inc
. For approximately six years, Foss has
marketed the Soleris technology worldwide as its MicroFoss
(TM) system,
primarily to the meat and dairy industries.
About Eastman Chemical: Eastman
manufactures and markets chemicals, fibers
and plastics worldwide.
For more information about
Eastman and its products, visit
http://www. These forward-
looking statements are subject to
certain risks and uncertainties.nucleosides pegs
This second source of
acetyls for Eastman will allow us to reliably
meet the long-term,
growing needs of our global acetic anhydride customers, particularly
within
the Asia Pacific region.0 million tpy methanol
plant and is constructing a 75,000 tpy butanediol
plant, scheduled for
start-up in December 2005.com
The company's Food Safety
Division
markets dehydrated culture media, and diagnostic test kits to detect
foodborne bacteria, natural
toxins, genetic modifications, food allergens,
unique proteins, drug residues, plant diseases and
sanitation concerns. It provides key differentiated coatings, adhesives
and specialty plastics products;
is the world's largest producer of PET
polymers for packaging; and is a major supplier of cellulose
acetate fibers.itaconic lignin
The automated Soleris
system has broad appeal for companies primarily interested
in a general
microbiological test. Neogen plans to continue the strong
partnership developed
between Centrus and Foss that has led to the widespread
acceptance of the Soleris technology.
Neogen
's Animal Safety Division markets a complete line of diagnostics,
veterinary instruments, veterinary
pharmaceuticals, nutritional supplements,
disinfectants, and rodenticides.itaconic nucleosides
Eastman is leveraging
its heritage of innovation and strength
in polyester, acetyl and organic chemistry technologies to
drive
growth and meet increasing demand in four select markets: building and
construction, packaging
, health, and electronics.biopolymers oligonucleotides
Combined with the natural gas feedstock from Saudi
Aramco and methanol
from Sipchem's affiliate International Methanol
Company located at the same site, we have planned
a world-class
complex in terms of technology, partners and value-creating
potential.
Centrus
recorded sales of Soleris products of approximately $2.
Neogen's domestic and international sales
groups will target markets, and
regions of the world, not covered in the Foss agreement. Sensitivity
of the automated system enables detection in
a fraction of the time needed for traditional methods
with less labor and
sample handling time.jinan biochem
Eastman's acetyl co-production technology will allow
for
production of acetic acid and acetic anhydride at a cumulative
capacity of 460,000 tons per
year. Consideration for the stock purchase is
$3.g.gelatin compostable
It provides key differentiated coatings, adhesives
and
specialty plastics products; is the world's largest producer of PET
polymers for packaging;
and is a major supplier of cellulose acetate
fibers.This category is for manufacturers' sites where
the specialty is polymers that have biological significance.
This includes proteins, oligosaccharides
and oligonucleotides which may be extracted from living things, produced in cell culture, or by cell
-free technology.
lignin biodegradable
----Saudi International Petrochemical Company (Sipchem) and
Eastman Chemical Company
(NYSE: EMN) today jointly announced they have
signed the definitive agreements for Eastman to license
its
proprietary acetyl co-production technology to Sipchem."
Sipchem is a Saudi joint stock company
founded in 1999 with
current paid in capital of US$173 million with participation from
leading
corporate organizations and investors in the Gulf Cooperation
Council region., producers of dietary
supplements such as energy drinks and energy bars).
Founded in 1920 and headquartered in Kingsport
, Tenn.biochem lignin
The focus of the automated Soleris system is
bacteria associated with poor food quality and
spoilage. The optical assay measures microbial growth by monitoring pH
and other biochemical reactions
that generate a color change as microorganisms
grow and metabolize. The Soleris system includes
a wide array of tests for
the food safety industry, including: total viable count, coliforms, E.
eastman.
biochemical biopolymer
In addition to the technology
license, Eastman will provide technical support
and market all acetic
anhydride produced from the facility. Founded in 1920 and
headquartered
in Kingsport, Tenn.proteins biopolymer
6 billion and approximately 12,000 employees.rodenburg lignin
coli,
yeast and molds, lactic acid
bacteria, and enterobacteriaceae.lignin oligonucleotides
For more information about Eastman and its products, visit
www
.8 million in
its fiscal year ended Dec.3 million in cash paid at closing. Soleris provides
Neogen
a strong entry to this important market with breakthrough technology.com .
Certain portions
of this news release that do not relate to historical
financial information constitute forward-looking
statements.biopolymers oligosaccharides
Ron Lindsay, vice president and general manager of Eastman's
performance chemicals
and intermediates business, said, "This
agreement leverages the proprietary technology and know-how
of Eastman
and combines those with Sipchem's strengths within Saudi Arabia to
provide a win-win
opportunity for both parties. Sipchem currently operates a 1.Neogen Acquires Centrus International
"The main focus of Neogen's rapid microbial testing
products has been on dangerous foodborne pathogens
, such as E. The worldwide market for the general microbiology testing
that Soleris targets is estimated
to be approximately $200 million per year.
The Soleris system is a rapid optical system for the
detection of
microbial contamination based on an innovative application of classic
microbiology
.gelatin oligonucleotides
31, 2005."
Most of the existing Soleris customers are existing Neogen customers, or
strong
prospects for Neogen products.biopolymer peptides
huaming gelatin
gelatin huaming
The licensing
agreement is part of Sipchem's plan to establish a world
-scale acetyls
complex in the Kingdom of Saudi Arabia through expansion of its
petrochemical complex
in Al-Jubail Industrial City.
"The Soleris technology represents an excellent synergistic fit
to our
existing business, since Neogen did not have a product line to effectively
compete in the
general microbial rapid test market," said James Herbert,
Neogen's president.extracted dmt
The sales and
marketing of the Soleris system will be shared worldwide by
Neogen's Food Safety Division, and a
proven distributor of Centrus products,
Denmark-based Foss Analytical.polypeptides proteins
According to Ahmed Al-Ohali
, president of Sipchem, "The acetyl
complex represents our planned Phase 2 projects to provide additional
growth opportunities for Sipchem and continuing success on our journey
to produce value-added
products and superior returns for our
shareholders." Sipchem had previously announced acquiring licensing
rights from DuPont for vinyl acetate monomer (VAM). Centrus
produces Soleris(TM), a user-friendly
, rapid optical testing system that
accurately detects microbial contamination., and its other operations
will be integrated into those facilities. Of the 36 market segments served by
Neogen's Food Safety
Division, 29 have been identified as potential users of
the Soleris system. Going forward, Foss
will retain
its distribution rights to the meat and dairy industries in many countries., Eastman
is a FORTUNE
500 company with 2005 sales of $7 billion and approximately 12,000 employees.biopolymers itaconic
The acetyl
complex
is expected to start-up in 2008.
Eastman manufactures and markets chemicals, fibers and
plastics
worldwide.eastman.biochem biodegradable
Sipchem and Eastman Sign Definitive Agreements for Acetyls Technology
, Eastman is a FORTUNE 500 company
with 2004 sales of US$6., from Eastman Chemical Company (NYSE:
EMN).
Centrus will continue to operate in its current facilities in Ann Arbor,
Mich.
In addition to Neogen's existing food safety market, the Soleris system is
also used by the nutraceutical
industries (e.polypeptides pegs
Terms of the agreements were not
disclosed. coli,
Salmonella, and Listeria.
About Neogen: Neogen Corporation develops and markets products and
services dedicated to food
and animal safety.compostable proteins
Business Editors
AL-KHOBAR, Saudi Arabia + KINGSPORT, Tenn.peptides oligosaccharides
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