Stepan Acquires Lipid Nutrition Product Lines
June 24, 2011
NORTHFIELD, Ill.Stepan Specialty Products acquired the several product lines from Lipid Nutrition, part of Loders Croklaan.
The product lines, Clarinol®, Marinol® and Pinnothin®, will be integrated into Stepans Food and Health Specialties business, which will be renamed Stepan Lipid Nutrition.
The Lipid Nutrition product lines combined with our Neobee® medium chain triglycerides products provide us with a unique portfolio of nutritional fats for the food, supplement and nutrition industries," stated F. Quinn Stepan Jr., President and CEO of Stepan Company, parent company of Stepan Specialty Products. The clinically proven benefits of these brands are of value to companies seeking to provide consumers with healthy and nutritional products."
Clarinol® conjugated linoleic acid has been sold as a dietary supplement for over ten years as an ingredient to reduce body fat and increase lean muscle mass. It was affirmed GRAS in 2008 for use in certain food products. Marinol® concentrated omega-3 triglycerides are used in clinical and infant nutritional products to promote cardiovascular and neurological health. Pinnothin®, derived from pine nuts, functions as an appetite suppressant. The acquired products will be manufactured at Stepans Maywood, N.J. plant, as well as at existing outside contract manufacturers for sale on a global basis.
Stepan had been a back up supplier to Lipid Nutrition for years and holds several patents for the manufacture of conjugated linoleic acid," Stepan said. The combined Stepan Lipid Nutrition, together will operate multiple processes for the production of CLA in the U.S. and Europe, will increase our available volume in respective regions around the world. Expansions plans are also being reviewed during the integration."
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