Solae (company)

Last updated
Solae LLC
TypeSubsidiary of IFF
IndustryFood ingredients
Founded1958
Headquarters St. Louis, Missouri, USA
Products Soy protein isolates, soy flours, soy lecithins, soy protein concentrates, soy fibers, and soy polymers
Owner IFF
Number of employees
2,700 (2008)

Solae LLC (which traded as The Solae Company) was an international soy ingredients supplier based in St. Louis, Missouri. Solae was formed as a joint venture between DuPont and Bunge Limited. On May 1, 2012, Solae announced that DuPont had acquired Bunge's 28% share, thus taking full ownership of the company. [1] DuPont then merged Solae's business into Danisco. [2]

The company developed food, feed and industrial ingredients, focusing on soy. Many of the studies supporting the Food and Drug Administration-approved health claim were based on research using Solae soy protein.

Solae employed about 2,700 people in manufacturing operations in the US, Brazil, Mexico, Denmark, France, Italy, Belgium, and China (PRC).

Solae was founded in 1958 as Protein Technologies International, Inc (PTI). At first, it only produced industrial soy protein products. The business evolved to making food products 15 years later. In 1997, DuPont purchased PTI from Ralston Purina and in 2003 DuPont and Bunge announced the formation of Solae. [3] In 2007, Solae announced a collaboration with Monsanto Company to develop products containing omega-3 fatty acids. [4] In 2016 DuPont changed the name of Solae to DuPont Nutrition and Health. In 2021, IFF acquired DuPont Nutrition and Health, including Solae.

Related Research Articles

Bunge Limited is an American agribusiness and food company, incorporated in Bermuda, and headquartered in St. Louis, Missouri, United States.

The Monsanto Company was an American agrochemical and agricultural biotechnology corporation founded in 1901 and headquartered in Creve Coeur, Missouri. Monsanto's best known product is Roundup, a glyphosate-based herbicide, developed in the 1970s. Later the company became a major producer of genetically engineered crops. In 2018, the company ranked 199th on the Fortune 500 of the largest United States corporations by revenue.

E. I. du Pont de Nemours and Company, commonly referred to as DuPont, was an American company that was founded in July 1802 in Wilmington, Delaware, as a gunpowder mill by French-American chemist and industrialist Éleuthère Irénée du Pont de Nemours.

Kashi (company) Food manufacturer

Kashi is a maker of whole grain cereals and other plant-based foods sourced from regular farming practices. Founded in San Diego in 1981, the company makes over 90 products sold in the U.S. and Canada. Its original cereal, discontinued in 2021, was identified by the tagline "Seven Whole Grains on a Mission". The company name is a blended term derived from "kashruth", meaning kosher or pure food, and "Kushi", the last name of the founder of American macrobiotics, Michio Kushi.

Firmenich

Firmenich SA is a private Swiss company in the fragrance and flavor business. It is the largest privately owned company in the field and ranks number two worldwide. Firmenich has created perfumes for over 125 years and produced a number of well-known flavors.

Danisco A/S is a Danish bio-based company with activities in food production, enzymes and other bioproducts as well as a wide variety of pharmaceutical grade excipients. It was formed in 1989 from the largest Danish industrial merger ever of the two old C.F. Tietgen companies Danish Sugar, and Dansk Handels- og Industri Company.

du Pont family Wealthy American family

The Du Pont family is a prominent American family descended from Pierre Samuel du Pont de Nemours (1739–1817). It has been one of the richest families in the United States since the mid-19th century, when it founded its fortune in the gunpowder business. In the late 19th and early 20th centuries, it expanded its wealth through the chemical industry and the automotive industry, with substantial interests in the DuPont company, General Motors, and various other corporations.

DSM (company) Dutch multinational corporation

Koninklijke DSM N.V., is a Dutch multinational corporation active in the fields of health, nutrition and materials. Headquartered in Heerlen, at the end of 2017 DSM employed 21,054 people in approximately 50 countries and posted net sales of €8.632 billion.

Tate & Lyle PLC is a British-headquartered, global supplier of food and beverage ingredients to industrial markets. It was originally a sugar refining business, but from the 1970s it began to diversify, eventually divesting its sugar business in 2010. It specialises in turning raw materials such as corn and tapioca into ingredients that add taste, texture, and nutrients to food and beverages. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

Pioneer Hi Bred International American producer of hybrid seeds for agriculture

Pioneer Hi-Bred International, Inc. is a U.S.-based producer of seeds for agriculture. They are a major producer of genetically modified organisms (GMOs), including genetically modified crops with insect and herbicide resistance.

Frutarom Industries Ltd. is an Israeli-based company that specializes in the production and distribution of extracts for flavor and fragrance. In 2015 it had sales of over $872 million.
Shares of the company had traded on the London Stock Exchange and the Tel Aviv Stock Exchange until it was acquired by International Flavors & Fragrances in 2018.

Genencor

Genencor is a biotechnology company based in Palo Alto, CA and a subsidiary of IFF. Genencor is a producer of Industrial enzymes and low-priced bulk protein. The name Genencor originates with Genencor, Inc., the original joint venture between Genentech and Corning Incorporated, which was founded in 1982. It is considered to have pioneered the field of industrial biotechnology, as distinct from traditional applications of biotechnology to health care and agriculture.

Soy protein

Soy protein is a protein that is isolated from soybean. It is made from soybean meal that has been dehulled and defatted. Dehulled and defatted soybeans are processed into three kinds of high protein commercial products: soy flour, concentrates, and isolates. Soy protein isolate has been used since 1959 in foods for its functional properties.

TerraVia Holdings, Inc. was a publicly held biotechnology company in the United States. TerraVia used proprietary technology to transform a range of low-cost plant-based sugars into high-value oils and whole algae ingredients. TerraVia supplies a variety of sustainable algae-based food ingredients to a number of brands, which have included Hormel Food Corporation, Utz Quality Foods Inc., and Enjoy Life Foods. TerraVia also sold its own culinary algae oil under the Thrive Algae Oil brand.

DuPont Danisco Cellulosic Ethanol LLC is a 50/50 joint venture between DuPont and Genencor, a subsidiary of Danisco. The company is accelerating development and deployment of cellulosic ethanol, which is made from non-food biomass. DDCE plans to license its technology and also will engage in limited operations of cellulosic ethanol biorefineries.

Ingredion American ingredient manufacturer

Ingredion Incorporated is an American multinational ingredient provider based in Westchester, Illinois producing mainly starch, modified starches and starch sugars as glucose syrup and high fructose syrup. In 2021, Ingredion was ranked second in the Modified Starch category of the Global Food Thickener Companies list and second on the Top 50 Global Sweetener Companies list by FoodTalks.

Novus International, Inc., headquartered in metro St. Louis, Missouri, U.S., is an animal health and nutrition company. It serves customers ranging from animal nutritionists to veterinarians, to individual animal owners. Novus is privately owned by Mitsui & Co. (U.S.), and Nippon Soda Co., Ltd. and operates in over 90 countries. Novus' products include amino acids, organic trace minerals, feed preservatives, and various nutrition and health products.

Jebsen & Jessen Group is a diversified industrial group with operation offices across South East Asia and beyond. It is a third generation family-owned enterprise and part of the Jebsen & Jessen Family Enterprise.

Post Holdings American consumer packaged goods holding company

Post Holdings is an American consumer packaged goods holding company headquartered in St Louis, Missouri. It operates in the center-of-the-store, foodservice, food ingredient, refrigerated, active nutrition and private label categories. Its Post Consumer Brands business manufactures, markets and sells both branded and private label cereal products. Its Michael Foods Group business supplies value-added egg products and refrigerated potato products to the foodservice and food ingredient channels.

DuPont American chemical company from 2017

DuPont de Nemours, Inc., commonly known as DuPont, is an American company formed by the merger of Dow Chemical and E. I. du Pont de Nemours and Company on August 31, 2017, and the subsequent spinoffs of Dow Inc. and Corteva. Prior to the spinoffs it was the world's largest chemical company in terms of sales. The merger has been reported to be worth an estimated $130 billion. With 2018 total revenue of $86 billion, DowDuPont ranked No. 35 on the 2019 Fortune 500 list of the largest United States public corporations. DuPont is headquartered in Wilmington, Delaware, in the state where it is incorporated, since the founding of the old DuPont in 1802.

References

  1. "DuPont Acquires Full Ownership of Solae". www.solae.com. Archived from the original on 2012-05-09. Retrieved 2012-05-01.
  2. Schroeder, Eric (2013-06-03). "Danisco Solae integrations falling into place at DuPont". Food Business News. Retrieved 2014-10-08.
  3. "DuPont and Bunge Announce Global Alliance, Including Joint Venture to Produce and Market Specialty Food Ingredients". www2.dupont.com. Retrieved 2008-12-05.
  4. "Monsanto, Solae to create new soy protein line". www.foodnavigator-usa.com. Retrieved 2008-12-05.