- In September 2024, China-based Greenpower announced plans to expand its carrageenan production capacity in response to rising global demand and to reinforce its competitive position within the industry. This strategic move reflects the company's intent to capitalize on market growth opportunities and scale its operations for long-term success
- In June 2024, Gelymar S.A. finalized a significant production capacity expansion as part of a USD 15 million investment program initiated two years prior, successfully doubling its output to 10,000 metric tons. This expansion underscores Gelymar’s commitment to meeting global supply demands and strengthening its presence in the carrageenan supply chain
- In May 2023, Cargill Beauty introduced Satiagel™ VPC 614, a kappa carrageenan innovation aimed at diversifying its texture solutions for the personal care sector, enabling more tailored and advanced formulation capabilities. This product launch enhances Cargill’s footprint in the personal care ingredients market by offering manufacturers greater formulation flexibility
- In October 2021, Cargill expanded its carrageenan product line with the launch of Satiagel VPC614, a high-gelling kappa carrageenan variant tailored for solid formulations and eco-conscious personal care products. The product reinforces Cargill's commitment to sustainable sourcing and versatile performance in the growing clean-label beauty market
