Innophos is a North American manufacturer of specialty phosphates, chelated minerals, and other ingredients for the food & beverage, industrial, health, and pharmaceutical industries. Originally formed as the Victor Chemical Company in 1902, the company was later acquired by Stauffer Chemical and subsequently sold to Rhône-Poulenc, which later became part of Rhodia. In 2004, Rhodia sold its North American phosphate business to Bain Capital, which formed Innophos. The name "Innophos" signifies innovative specialty phosphates.
Headquartered in Cranbury, New Jersey, USA the company operates 9 manufacturing locations in the United States, Mexico, Canada, and China. Innophos is known for the breadth and quality of its phosphate and mineral product portfolios. The company also emphasizes sustainability and safety as core pillars of its operations.
History
edit1902: Victor Chemical Works developed a standardized manufacturing process for purified phosphates. The company was founded to promote these products in a broad array of applications including baking powder, pharmaceuticals, dentifrices, fertilizers, matches and fireworks. [2]
1959: Victor Chemical Works became a division of Stauffer Chemical.[1]
1985: Stauffer Chemical is acquired by Chesebrough-Ponds Inc.[2]
1987: Imperial Chemicals Industries (ICI) purchased Stauffer Chemical.[3]
1987: Imperial Chemicals Industries (ICI) sold Stauffer Chemical to Rhône-Poulenc S.A.[4]
1998: Rhone Poulenc spins off chemical, plastics, and fibers business units into a new company, Rhodia.
2004: Rhodia sells its North American phosphate business to Bain Capital. Bain Capital names the company Innophos, a name which signifies innovative specialty phosphates.[5]
2006: Innophos becomes a publicly traded company on NASDAQ using the ticker symbol - IPHS.
2011-2017: Innophos acquires several companies in the mineral and botanical space including Kelatron[6], AMT[7], Chelated Minerals International, Triarco[8], Novel Ingredients and others.
2020: The sale of Innophos to One Rock Capital Partners was completed on February 7, 2020.[9]
Business
editInnophos is a global producer of specialty phosphates and chelated minerals, creating relevant solutions for the food & beverage, health & nutrition, and industrial markets. Innophos has administrative and manufacturing facilities in the United States in Illinois, Louisiana, New Jersey, Utah, and Tennessee. In addition, Innophos has offices and manufacturing facilities in other countries including China, Canada and Mexico.[10]
The company’s purpose is to offer ingredients that improve quality of life. Leveraging technical expertise in phosphate science and manufacturing, Innophos partners with customers across industries to develop innovative solutions to their application challenges. Innophos products provide many multifunctional benefits such as improving food texture, appearance, and shelf life.[11][12][13][14][15]
Additionally, Innophos provides ingredients for industrial applications including fire resistant materials, corrosion inhibitors, asphalt modifiers, H2S scavengers[16], cleaners, and water-soluble fertilizers.
Research
editInnophos scientists regularly publish whitepapers on innovations for the company products and characteristics including:
- Solubility and absorption of chelated minerals[17][18][19][20][21]
- Excipients for pharmaceutical tableting[22]
- Plant-based cheese and meat alternatives[23][24]
- High-protein baking challenges and solutions[25]
- Extended shelf-life solutions for bakery products[26]
These whitepapers showcase Innophos research, highlight innovative solutions, and provide valuable insights to manufacturers and formulators in the food, health, and nutrition industries. The whitepapers often include case studies, technical data, and strategies to address specific challenges in various applications.
External links
edit- ^ "Stauffer and Victor Chemical Reach an Agreement to Merge; COPANIES PLAN SALES, MERGERS". The New York Times. July 8, 1959.
- ^ Archives, L. A. Times (1985-02-20). "Chesebrough Will Buy Stauffer for $1.2 Billion". Los Angeles Times. Retrieved 2024-11-12.
- ^ "IMPERIAL SET TO BUY STAUFFER". The New York Times. June 6, 1987.
- ^ "INDUSTRY RESTRUCTURING: ICI continues Stauffer selloff". Chemical & Engineering News Archive. 65 (39): 4. 1987-09-28. doi:10.1021/cen-v065n039.p004. ISSN 0009-2347.
- ^ "Rhodia agreed to sell phosphates unit". June 21, 2004.
- ^ "Innophos Acquires Kelatron | 2011-11-04 | Prepared Foods". www.preparedfoods.com. Retrieved 2024-11-12.
- ^ "Innophos Holdings, Inc. Announces Acquisition of AMT Labs, Inc". www.prnewswire.com (Press release). Retrieved 2024-11-12.
- ^ "Innophos Holdings, Inc. Announces Acquisition of Triarco Industries for $46 Million". www.prnewswire.com (Press release). Retrieved 2024-11-12.
- ^ "Innophos Holdings, Inc. Announces Acquisition of Triarco Industries for $46 Million". www.prnewswire.com (Press release). Retrieved 2024-11-12.
- ^ "One Rock Capital". www.onerock.com. Retrieved 2024-11-12.
- ^ "Innophos Announces Release of Whitepaper: "Proven Mineral Chelation" and Launch of Three Additional Chelamax® Minerals". Business Wire. August 6, 2020.
- ^ Innophos. "Innophos Studies Show: Not All Zinc Is Equally Effective. Chelamax® Zinc Bisglycinate Offers Supplement Manufacturers Superior Solution for Greater Solubility, Stability". www.prweb.com. Retrieved 2024-11-12.
- ^ Innophos. "Innophos Studies Show Clear Advantages Of Co-Processed Multifunctional Excipients". www.prweb.com. Retrieved 2024-11-12.
- ^ "Innophos shares insights for improving cheese alternatives". November 11, 2021.
- ^ Innophos. "New Innophos Whitepaper: Solutions for High-Protein Baking". www.prweb.com. Retrieved 2024-11-12.
- ^ "Innophos Inc. Announces Issuance of Patent on INNOVALT® Hydrogen Sulfide (H2S) Scavenger for Use in Asphalt Applications". Business Wire. September 9, 2020.
- ^ "Innophos Announces Release of Whitepaper: "Proven Mineral Chelation" and Launch of Three Additional Chelamax® Minerals". August 6, 2020.
- ^ Innophos. "Innophos Studies Show: Not All Zinc Is Equally Effective. Chelamax® Zinc Bisglycinate Offers Supplement Manufacturers Superior Solution for Greater Solubility, Stability". www.prweb.com. Retrieved 2024-11-12.
- ^ "Chelamax® Chelated Minerals Show Increased Absorption - Webinar". May 30, 2022.
- ^ "NEW DATA REVEALS ADVANTAGES OF CHELAMAX® MAGNESIUM CITRATE FOR GUMMY FORMULATIONS" (PDF). March 30, 2023.
- ^ Innophos. "New In Vitro Study Demonstrates Superior Absorption of Chelamax® Magnesium". www.prweb.com. Retrieved 2024-11-12.
- ^ Innophos. "Innophos Studies Show Clear Advantages Of Co-Processed Multifunctional Excipients". www.prweb.com. Retrieved 2024-11-12.
- ^ "Innophos shares insights for improving cheese alternatives". November 11, 2021.
- ^ Press (2022-08-12). "Innophos Releases New Data on Texture Solutions for Plant-Based Meat Substitutes". Food Industry Executive. Retrieved 2024-11-12.
- ^ Innophos. "New Innophos Whitepaper: Solutions for High-Protein Baking". www.prweb.com. Retrieved 2024-11-12.
- ^ Innophos. "Innophos Releases New Whitepaper Showcasing LEVAIR® ESL Patent-Pending Technology for the Bakery Industry". www.prweb.com. Retrieved 2024-11-12.