- Source: Innophos
Innophos is a North American manufacturer of specialty phosphates, chelated minerals, and other ingredients for the food & beverage, industrial, health, and pharmaceutical industries. Originally formed as the Victor Chemical Company in 1902, the company was later acquired by Stauffer Chemical and subsequently sold to Rhône-Poulenc, which later became part of Rhodia. In 2004, Rhodia sold its North American phosphate business to Bain Capital, which formed Innophos. The name "Innophos" signifies innovative specialty phosphates.
Headquartered in Cranbury, New Jersey, the company operates 9 manufacturing locations in the United States, Mexico, Canada, and China. Innophos is known for the breadth and quality of its phosphate and mineral product portfolios. The company also emphasizes sustainability and safety as core pillars of its operations.
History
1902: Victor Chemical Works developed a standardized manufacturing process for purified phosphates. The company was founded to promote these products in a broad array of applications including baking powder, pharmaceuticals, dentifrices, fertilizers, matches and fireworks.
1959: Victor Chemical Works became a division of Stauffer Chemical.
1985: Stauffer Chemical is acquired by Chesebrough-Ponds Inc.
1987: Imperial Chemicals Industries (ICI) purchased Stauffer Chemical.
1987: Imperial Chemicals Industries (ICI) sold Stauffer Chemical to Rhône-Poulenc S.A.
1998: Rhone Poulenc spins off chemical, plastics, and fibers business units into a new company, Rhodia.
2004: Rhodia sells its North American phosphate business to Bain Capital. Bain Capital names the company Innophos, a name which signifies innovative specialty phosphates.
2006: Innophos becomes a publicly traded company on NASDAQ using the ticker symbol - IPHS.
2011–2017: Innophos acquires several companies in the mineral and botanical space including Kelatron, AMT, Chelated Minerals International, Triarco, Novel Ingredients and others.
2020: The sale of Innophos to One Rock Capital Partners was completed on February 7, 2020.
Business
Innophos is a global producer of specialty phosphates and chelated minerals, creating relevant solutions for the food & beverage, health & nutrition, and industrial markets. Innophos has administrative and manufacturing facilities in the United States in Illinois, Louisiana, New Jersey, Utah, and Tennessee. In addition, Innophos has offices and manufacturing facilities in other countries including China, Canada and Mexico.
The company’s purpose is to offer ingredients that improve quality of life. Leveraging technical expertise in phosphate science and manufacturing, Innophos partners with customers across industries to develop innovative solutions to their application challenges. Innophos products provide many multifunctional benefits such as improving food texture, appearance, and shelf life.
Additionally, Innophos provides ingredients for industrial applications including fire resistant materials, corrosion inhibitors, asphalt modifiers, H2S scavengers, cleaners, and water-soluble fertilizers.
Research
Innophos scientists regularly publish whitepapers on innovations for the company products and characteristics including:
Solubility and absorption of chelated minerals
Excipients for pharmaceutical tableting
Plant-based cheese and meat alternatives
High-protein baking challenges and solutions
Extended shelf-life solutions for bakery products
These whitepapers showcase Innophos research, highlight innovative solutions, and provide valuable insights to manufacturers and formulators in the food, health, and nutrition industries. The whitepapers often include case studies, technical data, and strategies to address specific challenges in various applications.
References
External links
Official website
