8th Dec 2008 11:39
8 December 2008
Sorbic International plc
("Sorbic International" or "the Company")
Result of AGM
Sorbic International, the food preservatives group, held its Annual General Meeting today, 8 December 2008, where all resolutions were duly passed.
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Enquiries: |
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Sorbic International plc, John McLean, Chairman |
Tel: +44 (0)7768 031 454 |
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FinnCap, Geoff Nash |
Tel: +44 (0) 20 7600 1658 |
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Hansard Group, John Bick |
Tel: +44 (0) 7872 061007 |
Notes to Editors: www.sorbicinternational.com
Sorbic International's principal activity is the production and sale of the food preservatives Sorbic Acid and Potassium Sorbate from its base in Linyi City, Shandong Province, Peoples Republic of China ("PRC"). Approximately half of Sorbic International's production is sold to overseas markets, across 46 countries and half into the Chinese domestic market. The Company came to AIM in September 2008 with a progressive profits record and in the six months ended 30 June 2008 it made profits before tax of £2.26 million.
Sorbic Acid is a naturally occurring organic compound that is used in all kinds of foods for its anti-decomposition and anti-fungus function and also in grains, medicines, cosmetics, toothpaste, tobacco, animal feed, latex, paper-manufacturing and pesticides. Potassium Sorbate is used to inhibit moulds and yeasts in many foods, such as cheese, wine, yogurt, dried meat, baked goods, cosmetics and pharmaceuticals.
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