Much to celebrate, but now is not the time to rest
KMC’s annual meeting was held on November 28, 2008 and Chairman Martin Arvad was pleased to report of a year in which KMC not only celebrated its 75 year anniversary, but also of a year that presented one of the best results in KMC’s history.

In Denmark, as well as in most of Europe, the weather was ideal for potato growing and the crops were good. Adequate amounts of starch are therefore available to cover the demands in the markets.

The year 2008/2009 has also started on a positive note, but the international financial crisis is beginning to show its effect also in the starch sector.

As an added challenge the starch sector also has to adjust to the phasing out of the EU agricultural subsidies during the next few of years.

At KMC we still look to the future with optimism. Our firm strategy continues to be emphasis on our functional ingredients and functional solutions.

Continued utilization of the byproducts such as protein and fibre also has high priority for the benefit of KMC as well as the environment.

Martin Arvad concluded his report with an expression of thanks to all KMC employees for their dedicated contributions.