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MarketScreener Homepage  >  Equities  >  Xetra  >  Lanxess AG    LXS   DE0005470405

LANXESS AG

(LXS)
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Lanxess : Velcorin technology from LANXESS stabilizes trendy drink efficiently and reliably

01/13/2021 | 08:48am EST

COLOGNE - The Velcorin technology from LANXESS stabilizes trendy drink efficiently and reliably. Cold sterilization makes it impossible for yeast, mold or bacteria to impair the shelf life and taste of these hip drinks.

The Velcorin technology from LANXESS stabilizes hard seltzer efficiently and reliably. Cold sterilization makes it impossible for yeast, mold or bacteria to impair the shelf life and taste of these hip drinks. Photo: LANXESS AG

Hard seltzer is already firmly established as a popular, trendy drink in the USA. The alcoholic sparkling water is now sweeping through Europe and the rest of the world. Target-group-oriented marketing concepts and online campaigns have seen this new drink segment set annual growth records in North America since 2018. Manufacturers of these products can rely on the proven Velcorin technology from LANXESS to provide efficient, cost-effective microbiological stability for this low-calorie alternative to wine and beer. Cold sterilization makes it impossible for yeast, mold or bacteria to impair the shelf life and taste of these hip drinks.

To produce hard seltzer, water is carbonized and minimally sweetened, and a little alcohol with - mostly natural - flavoring is mixed in.

Velcorin - it comes, works, and disappears

Germs are always all around us - and the production and canning or bottling of drinks is no exception. Cold sterilization with Velcorin (dimethyl dicarbonate, DMDC) is ideal for preventing contamination, particularly in the sensitive canning or bottling area. It is highly efficient even with small quantities of the active ingredient. This applies as much to hard seltzer as to other microbiologically sensitive drink categories such as beer or mixed wine-based products. Although the alcohol content of hard seltzer is relatively low at four to six percent, this is not enough to prevent the growth of product-spoiling microorganisms.

Velcorin is dosed into the drink just before canning or bottling. The active ingredient penetrates the cell wall to get inside yeast, fungus or bacteria cells and deactivates vital enzymes, thus killing the cells. Excess DMDC reacts with the water in the drink within a few hours. All that is given off in this hydrolysis process is small amounts of methanol and carbon dioxide, which are also present as natural constituents in many fruit and vegetable juices as well as wine. There are no traces of Velcorin itself in the end product, so it has absolutely no negative effect on the drink's sensory properties. It often provides an opportunity to improve the drink's tasting profile as other means of stabilization can be reduced.

The use of Velcorin is authorized for a large variety of different drinks in Europe, the USA, and many other countries. Major bodies such as the EU's Scientific Committee on Food, the Food and Drug Administration (FDA) in the USA, and the Joint Expert Committee on Food Additives (JECFA) of the FAO and the WHO have documented the harmlessness to health of DMDC.

Universally applicable Velcorin dosing technology

Even very small quantities of Velcorin are fast-acting and effective. Precise Velcorin dosing requires a reliable technology. To this end, in addition to the active ingredient, LANXESS provides a suitable, sophisticated dosing technology and a service package to ensure customer's success. This package covers technical questions as well as support with the application technology, for instance in microbiological analysis or production plant audits. LANXESS Velcorin dosing units can be integrated into new as well as into existing canning or bottling systems easily and cost-effectively, and optionally connected to their automation technology. Filling capacities of 600 to approx. 72,000 liters per hour are supported here. Any kind of beverage container can be used, too. Velcorin is compatible with all packaging types: glass or PET bottles, cans, pouches (aluminum bags) or cartons. This ensures maximum flexibility in every respect, which is crucial, particularly in product development and launches.

Velcorin Technology is already in use successfully at international and local leaders in the beverage industry. It offers Hard Seltzer, next to already well established beverages, to unlock its full potential.

Detailed information on LANXESS cold sterilization technology can be found at https://velcorin.com/.

ABOUT LANXESS

LANXESS image material is available at http://photos.lanxess.com

Stories about our chemistry in everyday life can be found at http://webmagazine.lanxess.com

(C) 2021 Electronic News Publishing, source ENP Newswire

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Sales 2020 6 094 M 7 356 M 7 356 M
Net income 2020 891 M 1 075 M 1 075 M
Net Debt 2020 1 407 M 1 699 M 1 699 M
P/E ratio 2020 5,87x
Yield 2020 1,52%
Capitalization 5 295 M 6 406 M 6 391 M
EV / Sales 2020 1,10x
EV / Sales 2021 1,09x
Nbr of Employees 14 351
Free-Float 90,3%
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Mean consensus OUTPERFORM
Number of Analysts 21
Average target price 67,80 €
Last Close Price 61,32 €
Spread / Highest target 38,6%
Spread / Average Target 10,6%
Spread / Lowest Target -20,1%
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Matthias Zachert Chairman-Management Board
Michael Pontzen Chief Financial Officer
Matthias L. Wolfgruber Chairman-Supervisory Board
Werner Czaplik Member-Supervisory Board
Theo H. Walthie Member-Supervisory Board
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