Profile: Balchem Corp (BCPC.O)
16 Mar 2018
Balchem Corporation, incorporated on January 30, 1967, is engaged in the development, manufacture and marketing of specialty performance ingredients and products for the food, nutritional, feed, pharmaceutical, medical sterilization and industrial markets. The Company operates in four segments: Human Nutrition & Health, Animal Nutrition & Health, Specialty Products and Industrial Products. Its subsidiaries include SensoryEffects, Inc., SensoryEffects Cereal Systems, Inc., Albion International, Inc., BCP Ingredients, Inc. and Aberco, Inc.
Human Nutrition & Health
The Human Nutrition & Health segment supplies ingredients in the food and beverage industry, providing solutions in powder, solid and liquid flavor delivery systems, spray dried emulsified powder systems and cereal systems. Its products include creamer systems, dairy replacers, powdered fats, nutritional beverage bases, beverages, juice and dairy bases, chocolate systems, ice cream bases and variegates, ready-to-eat cereals, grain based snacks and cereal based ingredients. Additionally, it provides microencapsulation solutions to a range of applications in food, pharmaceutical and nutritional ingredients to enhance performance of nutritional fortification, processing, mixing, and packaging applications and shelf-life. Its product applications are baked goods, refrigerated and frozen dough systems, processed meats, seasoning blends, confections and nutritional supplements. It also produces and markets human grade choline nutrients and mineral amino acid chelated products for wellness applications. Its mineral amino acid chelates, specialized mineral salts and mineral complexes are used as raw materials for inclusion in human nutrition products.
Animal Nutrition & Health
The Animal Nutrition & Health segment provides nutritional products derived from its microencapsulation and chelation technologies in addition to basic choline chloride. For ruminant animals, its microencapsulated products boost health and milk production, delivering nutrient supplements that are biologically available, providing required nutritional levels. Its chelation technology provides nutrient absorption for various species of production and companion animals and is marketed for use in animal feed throughout the world. It also manufactures and supplies choline chloride, a nutrient for monogastric animal health, mainly to the poultry, pet and swine industries.
The Specialty Products segment sells ethylene oxide as a sterilant gas primarily for use in the healthcare industry. It is used to sterilize a range of medical devices in treating hard or soft surfaces, composites, metals, tubing and various types of plastics. Its ethylene oxide product is distributed in stainless steel drums. Contract sterilizers and medical device manufacturers are the Company's principal customers for this product. In addition, the Company also sells single-use canisters with ethylene oxide for uses in sterilizing re-usable devices typically processed in autoclave units in hospitals.
The Company markets and sells propylene oxide as a fumigant to aid in the control of insects and microbiological spoilage and to reduce bacterial and mold contamination in shell and processed nut meats, processed spices, cacao beans, cocoa powder, raisins, figs and prunes. The Company distributes its propylene oxide product primarily in recyclable, single-walled, carbon steel cylinders. The Company also sells propylene oxide to customers seeking smaller (as opposed to bulk) quantities and with requirements, such as utilization in various chemical synthesis applications, such as increasing paint durability, and manufacturing specialty starches and textile coatings. Its micronutrient agricultural nutrition business sells chelated minerals primarily into crops.
The Industrial Products segment includes the manufacture and sale of methylamines. Methylamines are a primary building block for the manufacture of choline products and are produced at its Italian operation and sold for a range of industrial applications in Europe. Certain derivatives of choline chloride are manufactured and sold into industrial applications as a component for hydraulic fracturing of shale natural gas wells.
P O Box 600
NEW HAMPTON NY 10958