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Market Updates

National Starch Acquires Australian Specialty Starch Business

Bridgewater, NJ-based National Starch, a subsidiary of AkzoNobel, has acquired Penford’s Australian specialty grain wet milling and manufacturing facility based in Lane Cove and certain other intellectual property and assets of Penford’s Australian specialty starch business. The acquisition will expand National Starch’s regional capability to supply specialty corn starches for food applications in the Asia-Pacific region.

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