Corporate News     22-Jun-17
Parry Nutraceuticals forges partnership with Synthite Industries
To apply proprietary patented technologies for extraction of Phycocyanin (natural blue pigment) in Spirulina
Parry Nutraceuticals (a division of EID Parry and part of the Murugappa Group) has forged a partnership with Synthite Industries, to apply proprietary patented technologies for extraction of Phycocyanin, a natural blue pigment found in Spirulina.

Natural Blue is one of the Primary colours, which is difficult to master and has very limited sources that are acceptable by regulatory bodies. Phycocyanin (Extracted from Spirulina) is approved by all major regulatory bodies in USA, EU, Japan and South Korea as food colour. Moreover Phycocyanin offers excellent stability and flexibility for application in a variety of food and beverages. Spirulina is being consumed for many decades as a health supplement and is proven safe. Therefore huge growth is expected in the natural food colours segment mainly driven by the consumer's demand for clean labels and favourable regulations.

Synthite Industries, with its strong global presence in the natural colour segment, will focus on this market, while Parry Nutraceuticals will continue catering to the Human nutrition segment.

Previous News
  EID Parry (India) allots 15,084 equity shares under ESOP
 ( Corporate News - 20-Sep-24   15:37 )
  EID Parry (India) allots 11,313 equity shares under ESOP
 ( Corporate News - 30-Nov-22   19:17 )
  EID Parry (India) reports standalone net profit of Rs 13.14 crore in the June 2022 quarter
 ( Results - Announcements 10-Aug-22   08:17 )
  EID Parry (India) consolidated net profit declines 32.02% in the December 2020 quarter
 ( Results - Announcements 09-Feb-21   09:05 )
  Board of EID Parry (India) approves change in directorate
 ( Corporate News - 04-Oct-21   18:34 )
  Board of EID Parry (India) recommends interim dividend
 ( Corporate News - 23-Mar-19   10:11 )
  EID Parry (India) fixes record date for scheme of amalgamation
 ( Market Beat - Reports 23-May-17   13:09 )
  EID Parry (India) allots 47,440 equity shares under ESOP
 ( Corporate News - 26-May-22   10:10 )
  Board of EID Parry (India) approves sale of plant & equipment of sugar unit
 ( Corporate News - 04-Oct-21   18:47 )
  EID Parry (India) to hold board meeting
 ( Corporate News - 22-Jan-22   09:59 )
  EID Parry (India) reports consolidated net loss of Rs 27.70 crore in the June 2019 quarter
 ( Results - Announcements 29-Jul-19   16:59 )
Other Stories
  Gujarat Natural Resources to convene board meeting
  05-Oct-24   17:43
  Narmada Macplast Drip Irrigation Sys. to convene board meeting
  05-Oct-24   17:43
  Grill Splendour Services to conduct board meeting
  05-Oct-24   17:43
  Consolidated Construction Consortium to hold board meeting
  05-Oct-24   17:43
  Visagar Polytex to announce Quarterly Result
  05-Oct-24   17:42
  GNA Axles to convene board meeting
  05-Oct-24   17:42
  Fidel Softech to conduct board meeting
  05-Oct-24   17:42
  Rita Finance & Leasing announces board meeting date
  05-Oct-24   17:42
  Pelatro to conduct EGM
  05-Oct-24   17:36
  Thinkink Picturez to hold AGM
  05-Oct-24   17:35
Back Top