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Denmark: KMC to target the Far East

Article Abstract:

KMC (Kartoffelmelscentralen), the Danish producer of ingredients based in Brande, is to take control of a Vietnamese factory that produces tapioca starch. This move will secure the company a solid base for strong growth in the Far East. It will also generate a 10% growth in turnover in the first year. This is the first time the company enters into other type of starch production than that of potato starch, which also means improved marketing prospects. KMC's MD Uffe Andreasen says the company's next pre-tax profit to climb three-fold from DKr73mn in 1999/2000.

Foreign operations, Health, Educatn & Welfare Programs, Administration of Human Resource Programs, Social policy

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DENMARK: STARCH FIRM AFFECTED BY QUOTA REDUCTION

Article Abstract:

Kartoffelmelcentralen, the Danish producer of starch products, will be negatively affected by the EU's decision to reduce Denmark's potato production quota by 6% in the next two years. The company has now started business development activities to develop by-products from the starch production such as fibres, proteins etc. By now, such products account for about 15% of the company's turnover.

Research & development outlays, Government regulation, Starch and Vegetable Fats and Oils Manufacturing, Starch & Natural Chemicals, Kartoffelmelcentralen

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Denmark: KMC boosts profits

Article Abstract:

Kartoffelmelcentralen (KMC), the leading producer in the world of potato starch, boosts its net profit by 75% to DKr125mn in the fiscal 2000/2001. Turnover climbed 10% to DKr544mn. This is the highest turnover ever reported by the company. KMC exports 90% of its production.

Sales, profits & dividends, Irish potatoes

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