DES MOINES, Iowa — June 16, 2019 — Today Kemin Industries, a global ingredient manufacturer, unveiled its new global vision and logo to align the company strategically for 2042 and beyond.

The new vision, “Kemin strives to sustainably transform the quality of life every day for 80 percent of the world with our products and services”, lays the groundwork for strategic growth and priorities for the company with operations on six continents and a portfolio of more than 500 specialty ingredients. Previously, Kemin reached 3.8 billion lives – more than half the world’s population – every day through its products and services for humans, animals and pets. This vision was set in 1998, with a target goal of 2019. Kemin achieved the milestone two years early.

By 2042, the world’s population will reach approximately 10 billion people. For Kemin to transform 80 percent of the world’s population – approximately 8 billion – people must encounter Kemin products five times each day. From sunrise to sunset, a person may have eggs for breakfast, feed their pet, wear jeans, take a supplement and purchase bakery items or meat at the market – all opportunities that include Kemin ingredients.

“When we created our previous vision 20 years ago, it was ambitious and encompassed all aspects of our business. Since then, Kemin has grown ten-fold, and now the impact we can create is even greater,” said Dr. Chris Nelson, President and CEO, Kemin. “By using our scientific expertise at the molecular level and continuing to innovate, we have the ability to be transformative on a global scale in a rapidly changing and growing marketplace. With a new vision to guide us, we are reenergized to reach more people with our products and services to truly transform the quality of life around the world.”

Along with this vision, the new Kemin logo reflects the company’s focus on future growth while respecting its history through a thoughtful evolution of the Kemin brand identity.

“Our previous logo was encased with a thick, red circle in the signature Kemin red. Now without a border, the new logo represents transparency and innovation,” said Haley Stomp, Senior Vice President – Worldwide Marketing, Kemin. “The stylized ‘K’ remains, paying homage to the two previous Kemin logos. The red arch represents forward movement and calls attention to the ‘I’, emphasizing Kemin’s innovation. The ‘N’ behind the red arch represents the Nelson family who stand behind Kemin now, as they have since the company’s founding, and will continue to do so for generations to come.”

Established in 1961 by R.W. and Mary Nelson, Kemin’s primary focus was to develop innovative agricultural products. Today, Kemin remains privately owned-and-operated by the Nelson family and has expanded into the human and animal health and nutrition, aquaculture, pet food, nutraceutical, food technologies, crop technologies and textile industries. With its growth and diversification, Kemin has been able to reach more than half the world’s population by being the science inside countless products consumers interact with every day.

Major Kemin Product Innovations:

• Antioxidants: Two of the first antioxidant products in the feed industry, Endox® and Rendox® preserve freshness in animal feed. These innovative products launched Kemin into global agricultural markets. Decades later, Kemin created consumer food solutions, including EN-HANCE® and the FORTIUM® product line to assist with oxidation, shelf life and color preservation.
• Antimicrobials: To reduce the likelihood of harmful bacterial contamination in animal feed, human food and pet food, Kemin launched Sal CURB®, BactoCEASE® and other products to help prevent spoilage.
• Mold Inhibitors: Myco CURB®, a non-corrosive feed preservative, inhibits typical mold growth found in commercial grain, which also led to the creation of SHIELD® to prevent mold growth in tortilla products. Still a legacy product for Kemin, Myco CURB® remains the world’s most widely sold mold inhibitor.
• Kemin Botanicals:
  • Marigolds: Kemin pioneered the process of isolating and purifying antioxidant molecules from this flower. ORO GLO® adds marigold oleoresin to chicken feed to naturally enhance egg yolks’ yellow color. FloraGLO® Lutein is used in health supplements to support eye health and reduce the risk of age-related macular degeneration. FloraGLO® is the #1 doctor-recommended lutein brand and was the first introduced into the global marketplace.
  • Rosemary: Actives from this plant are used in FORTIUM® R to protect against flavor and color loss in consumer food, and in NATUROX® to naturally keep pet food fresh.
  • Oregano: A natural source of the molecules carvacrol and thymol, which have antimicrobial, anti-inflammatory and antioxidant benefits, oregano is shown to work as an antibiotic alternative in animal feed.
  • Spearmint: Kemin uses naturally sourced spearmint extract to target working memory – the part of the brain that supports attention, focus and productivity – with Neumentix®, a nootropic found in health supplements that improves cognitive function, agility and reaction performance without disrupting sleep.
  • Potato: The tuber provides a natural extract that significantly enhances satiety and which Kemin uses to create Slendesta® to assist with healthy weight management in humans.

With the new vision, Kemin strives to sustainably transform the quality of life around the world. By forming a new vision and transformed logo, Kemin is focused on expanding its global reach to achieve this goal. By incorporating a triple-bottom-line approach into all aspects of the Kemin business, and with its expertise on how to nourish, protect and innovate on a global scale, the company is dedicated to fostering healthy people, a healthy planet and a healthy business.

“We believe the industries we serve and the science we stand behind offer endless opportunities to reduce our environmental impact and increase our contribution – all while continuing to serve our customers to transform the quality of life around the world,” said Dr. Nelson. “With inspired molecular solutions, we are using science to provide answers to the world’s challenges related to food, feed and health for humans and animals. We’ve turned our attention to ensuring that what we do at Kemin today creates a better tomorrow.”

Posted June 17, 2019

Source: Kemin Industries

WASHINGTON, DC — June 17, 2019 — The National Council of Textile Organizations (NCTO) and several of its member companies are set to testify at the U.S. Trade Representative’s nearly two-week long hearing on the proposed Section 301 tariff list as part of the administration’s ongoing review and consideration of the Tranche 4 of retaliatory tariffs on U.S. imports from China.

Daniel Nation, Director of Government Relations for Parkdale Mills, a member of NCTO, will kick off the U.S. textile industry’s testimony on the first day of the hearing.

China’s rampant abuse of intellectual property rights and intellectual property theft has spanned decades at the direct expense of the U.S. textile industry and its supply chain, largely contributing to the U.S. trade deficit with China in textile and apparel products—totaling $46.5 billion in 2018—and the loss of 1 million manufacturing jobs in this critical sector.

“There is little doubt that China’s extreme position in the global textile and apparel marketplace has been advanced by an elaborate system of illegal practices, that include state sponsored subsidies, unethical labor and environmental practices and theft of intellectual property,” Nation said in prepared remarks for today’s USTR hearing. “Consequently, Parkdale supports the existing Section 301 case against China.”

However, Nation stressed the effectiveness of the administration’s case has been “greatly diminished through the omission” of finished textile and apparel products from the various retaliatory tariff lists.

“Including finished textile and apparel products on the 301 retaliation list would greatly enhance the administration’s leverage in the ongoing negotiations and help redirect trade in this sector to the Western Hemisphere,” Nation said. The Western Hemisphere is a top export market for the U.S. textile industry, representing $15.7 million in textile and apparel exports.

“NCTO is pleased the proposed Tranche 4 includes finished imported items from China, which have the most significant impact on U.S. employment, production and investment,” said NCTO President and CEO Kim Glas, who is scheduled to testify at the hearing on June 20. “We believe this move will lead to the re-shoring of production to the United States and the Western Hemisphere production platform.  It’s critical we address and mitigate China’s rampant trade distortions.”

“While NCTO members support the inclusion of finished products in Tranche 4, we are seriously concerned that certain inputs already vetted by the administration and removed from previous retaliatory tariff lists are back on this list for proposed duties,” Glas noted. “Adding tariffs on imports of manufacturing inputs that are not made in the U.S. such as certain chemicals, dyes, machinery and rayon staple fiber in effect raises the cost for American companies and makes them less competitive with China.  We firmly believe the integrity of the earlier exclusion process should be upheld.”

“We also urge the U.S. government to institute a fair, transparent and expeditious exclusion system for all retaliation tranches,” Glas added.

“Lastly, we want to flag that the administration’s 301 efforts are being undermined by shipments under the $800 Section 321 de minimis threshold, which are not subject to the retaliatory tariffs – or any tariffs.  Section 321 is a substantial and growing loophole that gives China backdoor duty-free access to the U.S. market at a time when the administration is spearheading efforts to address China’s unfair trade practices,” Glas said.  “This should be rectified both in the 301 and broader context.”

NCTO and its member companies are strongly encouraging the USTR’s office and President Trump to adopt the following recommendations:

• enact the proposed 25% penalty tariffs on finished apparel items and other sewn products;
• maintain the previous product input exemptions that were vetted by the U.S. government and granted and excluded from previous tranches;
• institute a transparent, fair and expeditious exclusion system for all tranches;
• and apply 301 retaliatory tariffs to Section 321 de minimis shipments.

NCTO is a Washington, DC-based trade association that represents domestic textile manufacturers, including artificial and synthetic filament and fiber producers.

• U.S. employment in the textile supply chain was 594,147 in 2018.
• The value of shipments for U.S. textiles and apparel was $76.8 billion in 2018.
• U.S. exports of fiber, textiles and apparel were $30.1 billion in 2018.
• Capital expenditures for textile and apparel production totaled $2.0 billion in 2017, the last year for which data is available.

Posted June 17, 2019

Source: The National Council of Textile Organizations (NCTO)