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DowDuPont’s (DWDP) Unit Launches New Choozit Products Range

Zacks
DowDuPont Inc.’s DWDP unit DuPont Nutrition & Health has introduced the latest innovations of the DuPont Danisco range of ingredients. The products, namely Choozit Swift 600 and Choozit Ameri-Flex, were developed keeping in mind the productivity and cheese quality needs for industrial-sized cheese makers. The company will exhibit these products at the International Cheese Technology Exposition, from Apr 17-19 in Milwaukee, WI.
Choozit Swift 600 is the latest offering in the Choozit product line that is already available in American and Europe. The product is formulated for fast and consistent acidification time and produces more consistent texture. It helps to increase productivity without compromise on quality. Also, it offers resistance to bacteriophage and is rarely impacted by changes in milk or the plant environment.
Choozit Ameri-Flex provides consistent and dependable acidification from vat to vat, day to day. This product has been formulated for reliability, dependability and phage robustness. Additionally, it provides flexibility for producing American cheese types in multiple processing conditions.
Both the products come with robust formulations that helps food manufacturers to improve the shelf life and functionality of products while reducing the potential for downgrades.
DowDuPont has underperformed the industry it belongs to over a year. The company’s shares have moved up around 1.9% over this period, compared with roughly 6.6% gain recorded by the industry.
DowDuPont is seeing strong leading indicators of broad-based growth across developed economies including in the United States, Germany and France. Moreover, the emerging middle class in developing economies, especially in China and India, continues to support sustainable growth. This augurs well for the company’s products and technologies.
The company has also realized more than $800 million in annual cost synergy run-rate from its cost synergy programs. It has raised its cost-synergy commitment from $3 billion to $3.3 billion. DowDuPont remains committed to achieve the increased cost synergy target and deliver new products from growth investments and strong innovation pipeline.
Zacks Rank & Stocks to Consider
DowDuPont currently carries a Zacks Rank #3 (Hold).
Some better-ranked stocks in the basic materials space are Kronos Worldwide Inc. KRO, Methanex Corporation MEOH and LyondellBasell Industries N.V. LYB.
Kronos has an expected long-term earnings growth rate of 5% and sports a Zacks Rank #1 (Strong Buy). The company’s shares have moved up 33.8% in a year. You can see the complete list of today’s Zacks #1 Rank stocks here.
Methanex has an expected long-term earnings growth rate of 15% and flaunts a Zacks Rank #1. Its shares have gained 29.8% over a year.
LyondellBasell has an expected long-term earnings growth rate of 9% and carries a Zacks Rank #2 (Buy). Its shares have moved up 13% in a year.
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