MIRA INFORM REPORT
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Report Date : |
22.08.2011 |
IDENTIFICATION DETAILS
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Name : |
GELITA AG |
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Registered Office : |
Uferstrasse 7, Eberbach, 69412 |
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Country : |
Germany |
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Financials (as on) : |
31.12.2009 |
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Date of Incorporation : |
01.01.1989 |
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Com. Reg. No.: |
333796 |
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Legal Form : |
Private Parent Company |
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Line of Business : |
Manufacture of high-grade gelatine and other proteins, including collagen-hydrolysates, for all applications |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment
Behaviour : |
Usually Correct |
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Litigation : |
Clear |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – March 31st, 2011
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Country Name |
Previous Rating (31.12.2010) |
Current Rating (31.03.2011) |
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Germany |
a1 |
a1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
Company name & address
GELITA AG
Uferstrasse 7
Eberbach, 69412
Germany
Tel: 49 (6271) 84 01
Fax: 49 (6271) 84-2701
Web: www.gelita.com
synthesis
Employees: 2,600
Company Type: Private Parent
Corporate Family: 14
Companies
Incorporation Date:
01-Jan-1989
Auditor: Ernst & Young AG
Financials in: USD
(Millions)
Fiscal Year End:
31-Dec-2009
Reporting Currency: Euro
Annual Sales: 559.6
Total Assets: 630.2
Business Description
Manufacture of high-grade gelatine and other proteins, including
collagen-hydrolysates, for all applications
Industry
Industry Biotechnology and Drugs
ANZSIC 2006: 1841 - Human
Pharmaceutical and Medicinal Product Manufacturing
NACE 2002: 2442 - Manufacture
of pharmaceutical preparations
NAICS 2002: 325414 -
Biological Product (except Diagnostic) Manufacturing
UK SIC 2003: 2442 - Manufacture
of pharmaceutical preparations
US SIC 1987: 2836 - Biological
Products, Except Diagnostic Substances
Key Executives
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Name |
Title |
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Karl-Heinz Biernoth |
Leiter-Controlling |
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Axel Alber |
Leiter-Marketing & Vertrieb |
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Klaus Hanke |
Sekretariat |
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Karlheinz Wittmann |
Leiter-Personal |
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Stephan Ruhm |
Leiter-Unternehmenskommunikation |
News
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Title |
Date |
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Geliko OU
Kosher Gelatin Debuts Breakthrough Product at 2011 International Food
Technology IFT Annual Meeting + Food Expo |
16-Jun-2011 |
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Geliko OU
Kosher Gelatin Debuts Breakthrough Product at 2011 International Food
Technology (IFT) Annual Meeting + Food Expo |
8-Jun-2011 |
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Badminton:
Alcala overwhelms Carlos, reaches semis |
2-Jun-2011 |
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Communist
leaders fall in Philippines: army |
20-Apr-2011 |
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Australia
Patent: Application for 'Nanoparticles and method for the production thereof'
Lapses |
23-Mar-2011 |
1 - Profit & Loss Item Exchange Rate: USD 1 = EUR 0.7190468
2 - Balance Sheet Item Exchange Rate: USD 1 = EUR 0.6969855
Corporate Overview
Location
Uferstrasse 7
Eberbach, 69412
Germany
Tel: 49 (6271) 84 01
Fax: 49 (6271) 84-2701
Web: www.gelita.com
Sales EUR(mil): 402.4
Assets EUR(mil): 439.2
Employees: 2,600
Fiscal Year End: 31-Dec-2009
Industry: Biotechnology and Drugs
Incorporation Date: 01-Jan-1989
Company Type: Private Parent
Quoted Status: Not Quoted
Registered No.(DEU): 333796
Sekretariat: Klaus Hanke
Contents
· Industry Codes
· Business Description
· Brand/Trade Names
·
Financial Data
·
Subsidiaries
·
Key Corporate Relationships
Industry Codes
ANZSIC 2006 Codes:
1899 - Other Basic Chemical Product Manufacturing Not Elsewhere
Classified
1841 - Human Pharmaceutical and Medicinal Product Manufacturing
NACE 2002 Codes:
2466 - Manufacture of other chemical products not elsewhere
classified
2442 - Manufacture of pharmaceutical preparations
NAICS 2002 Codes:
325998 - All Other Miscellaneous Chemical Product and Preparation
Manufacturing
325414 - Biological Product (except Diagnostic) Manufacturing
US SIC 1987:
2899 - Chemicals and Chemical Preparations, Not Elsewhere
Classified
2836 - Biological Products, Except Diagnostic Substances
UK SIC 2003:
2466 - Manufacture of other chemical products not elsewhere
classified
2442 - Manufacture of pharmaceutical preparations
Business
Description
Manufacture of high-grade gelatine and other proteins, including
collagen-hydrolysates, for all applications
More Business
Descriptions
· GELITA AG is primarily engaged in manufacture of gelatine and its derivatives, glues and prepared adhesives, including rubber based glues and adhesives.
· All Other Miscellaneous Manufacturing
Brand/Trade Names
GELITA
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Key Corporate
Relationships
Auditor: Ernst & Young AG
Bank: Volksbank, Eberbach,
Deutsche Bank AG, Trinkhaus und Burkhardt, LBBW
Auditor: Ernst & Young AG
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Corporate
Family |
Corporate
Structure News: |
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Total Corporate Family Members: 14 |
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Company Name |
Company Type |
Location |
Country |
Industry |
Sales |
Employees |
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Parent |
Eberbach |
Germany |
Biotechnology and Drugs |
559.6 |
2,600 |
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Subsidiary |
Klippan |
Sweden |
Food Processing |
90.6 |
177 |
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Subsidiary |
Calumet City, IL |
United States |
Chemical Manufacturing |
17.3 |
70 |
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Subsidiary |
Eberbach, Baden-Württemberg |
Germany |
Retail (Grocery) |
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14 |
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Subsidiary |
Memmingen, Bayern |
Germany |
Personal Services |
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50 |
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Subsidiary |
Amsterdam, Noord-Holland |
Netherlands |
Personal and Household Products |
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7 |
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Subsidiary |
Eberbach, Baden-Württemberg |
Germany |
Commercial Banks |
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3 |
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Subsidiary |
Eberbach, Baden-Württemberg |
Germany |
Food Processing |
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1 |
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Subsidiary |
Eberbach, Baden-Württemberg |
Germany |
Food Processing |
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Subsidiary |
Eberbach, Baden-Württemberg |
Germany |
Commercial Banks |
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2 |
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Subsidiary |
Eberbach, Baden-Württemberg |
Germany |
Business Services |
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50 |
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Subsidiary |
Ter Apelkanaal, Groningen |
Netherlands |
Chemical Manufacturing |
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23 |
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Subsidiary |
Eberbach, Baden-Württemberg |
Germany |
Miscellaneous Financial Services |
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Subsidiary |
Cotia, SP |
Brazil |
Food Processing |
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Executive report
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Board of
Directors |
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Chairman of the board of directors |
Chairman |
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Director |
Director/Board Member |
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Member of the board of directors |
Director/Board Member |
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Director |
Director/Board Member |
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Member of the board of directors |
Director/Board Member |
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Director |
Director/Board Member |
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Executives |
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Manager |
Administration Executive |
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Sekretariat |
Company Secretary |
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Leiter-Controlling |
Controller |
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Leiter-Personal |
Human Resources Executive |
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Leiter-Marketing & Vertrieb |
Sales Executive |
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Leiter-Unternehmenskommunikation |
Corporate Communications Executive |
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Leiter-Versicherung |
Insurance Executive |
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Leiter-Unternehmensentwicklung |
Other |
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Geliko OU Kosher
Gelatin Debuts Breakthrough Product at 2011 International Food Technology IFT
Annual Meeting + Food Expo Geliko
Marketing Weekly
News: 16 June 2011
[What follows is
the full text of the news story.]
Geliko
(http://www.geliko.com), the world leader in kosher beef gelatin production,
will be showcasing Geliko Orthodox Union (OU)-certified kosher gelatin at the
upcoming International Food Technology (IFT) Annual Meeting + Food Expo
(http://www.am-fe.ift.org). Taking place June 11-14 in New Orleans, the show
will draw cream-of-the-crop manufacturers and wholesale buyers, making this
event a perfect opportunity for Geliko's formal product introduction. Geliko
has met the strict standards of kosher OU certification, making its kosher
gelatin an industry breakthrough -- it's the first of its kind to be available
for mass manufacturing and product development.
Gelatin's unique
functional abilities offer solutions for a variety of foods and other goods,
including pharmaceuticals and even cosmetics. Yet according to Zach Rubin,
Geliko's president, the industrial availability of Geliko OU-certified kosher
gelatin provides manufacturers the opportunity to achieve the functional
benefits of gelatin while reaching out to a larger audience. Most of today's
kosher food sales are outside the "traditional" Jewish market as
customers are increasingly concerned with food safety and quality ingredients.
In a consumer survey of adults who purchase kosher food, Chicago-based market
research firm Mintel found that the number-one reason people buy kosher is for
food quality. Kosher foods help allay concerns that consumers might have about
quality and safety because they are produced under rabbinical supervision.
"Previously,
gelatin manufacturers have not been able to produce kosher gelatin on an
industrial scale," Rubin says. "That's all changed since Geliko
developed new unique methods of sourcing and processing kosher raw materials
that enable it to produce kosher gelatin which qualifies for OU kosher
certification. With its OU certification, it's now possible to make thousands
of profitable, everyday products with a trusted kosher gelatin component. We're
still in the early stages of marketing Geliko kosher gelatin, and the industry
is just realizing how big this development actually is. Geliko kosher gelatin
is an agent of change. It's now possible to make thousands of profitable,
everyday products with kosher gelatin."
Geliko offers an
extended line of kosher granulated gelatin and hydrolyzed gelatin for use in
confectionaries, dairy, nutraceutical, pharmaceuticals and more. Geliko mass
produces OU kosher gelatin products through an industry partnership with Gelita
- the world leader in innovative collagen proteins.
Geliko kosher
gelatin is kosher-certified by the Orthodox Union (OU) which is the world's
largest kosher certification agency and has universal acceptance because of the
OU's rigorous and strict standards.
Geliko OU kosher
gelatins are available directly from Geliko as well as through its distributors
Food Industry Technology of Miami and Gelita USA of Sioux City, Iowa.
To learn more
about Geliko OU kosher gelatin, visit the Gelita Booth 6846 at the IFT Show
from June 11-14, 2011.
Geliko OU Kosher Gelatin Debuts Breakthrough
Product at 2011 International Food Technology (IFT) Annual Meeting + Food Expo
PR Newswire US: 08 June 2011
[What follows is the full text of the news story.]
NEW YORK, June 8,
2011 /PRNewswire-USNewswire/ -- Geliko (http://www.geliko.com), the world
leader in kosher beef gelatin production, will be showcasing Geliko Orthodox
Union (OU)-certified kosher gelatin at the upcoming International Food
Technology (IFT) Annual Meeting + Food Expo (http://www.am-fe.ift.org). Taking
place June 11-14 in New Orleans, the show will draw cream-of-the-crop manufacturers
and wholesale buyers, making this event a perfect opportunity for Geliko's
formal product introduction. Geliko has met the strict standards of kosher OU
certification, making its kosher gelatin an industry breakthrough -- it's the
first of its kind to be available for mass manufacturing and product
development.
Gelatin's unique
functional abilities offer solutions for a variety of foods and other goods,
including pharmaceuticals and even cosmetics. Yet according to Zach Rubin,
Geliko's president, the industrial availability of Geliko OU-certified kosher
gelatin provides manufacturers the opportunity to achieve the functional
benefits of gelatin while reaching out to a larger audience. Most of today's
kosher food sales are outside the "traditional" Jewish market as
customers are increasingly concerned with food safety and quality ingredients.
In a consumer survey of adults who purchase kosher food, Chicago-based market
research firm Mintel found that the number-one reason people buy kosher is for
food quality. Kosher foods help allay concerns that consumers might have about
quality and safety because they are produced under rabbinical supervision.
"Previously,
gelatin manufacturers have not been able to produce kosher gelatin on an
industrial scale," Rubin says. "That's all changed since Geliko
developed new unique methods of sourcing and processing kosher raw materials
that enable it to produce kosher gelatin which qualifies for OU kosher
certification. With its OU certification, it's now possible to make thousands
of profitable, everyday products with a trusted kosher gelatin component. We're
still in the early stages of marketing Geliko kosher gelatin, and the industry
is just realizing how big this development actually is. Geliko kosher gelatin
is an agent of change. It's now possible to make thousands of profitable,
everyday products with kosher gelatin."
Geliko offers an
extended line of kosher granulated gelatin and hydrolyzed gelatin for use in
confectionaries, dairy, nutraceutical, pharmaceuticals and more. Geliko mass
produces OU kosher gelatin products through an industry partnership with Gelita
- the world leader in innovative collagen proteins.
Geliko kosher
gelatin is kosher-certified by the Orthodox Union (OU) which is the world's largest
kosher certification agency and has universal acceptance because of the OU's
rigorous and strict standards.
Geliko OU kosher
gelatins are available directly from Geliko as well as through its distributors
Food Industry Technology of Miami and Gelita USA of Sioux City, Iowa.
To learn more
about Geliko OU kosher gelatin, visit the Gelita Booth 6846 at the IFT Show
from June 11-14, 2011.
Badminton: Alcala overwhelms Carlos, reaches semis
Philippines News Agency: 02 June 2011
[What follows is the full text of the news story.]
MANILA, June 3
(PNA) -- Malvinne Alcala mastered Bianca Carlos in a duel of fancied bets,
fashioning out a 21-10, 21-9 romp to roll into the semifinal round of the Open
Ladies' singles in the MVP Sports Foundation-Bingo Bonanza Philippine Badminton
Ranking System (PBaRS) tournament at the Pohang Badminton Courts in Bacolod
City Friday.
Alcala showed the
form that won her the Li-ning Australia Juniors crown recently and outplayed
Carlos throughout, dethroning the defending champion in 25 minutes while
putting her on track of the crown in the premier division she missed while
competing in Australia last March.
The 16-year-old
national team mainstay �- and the country�s leading player today -� will
face Danica Bolos for a berth in the finals after the latter stopped
giant-killer Paula Filart, 21-13, 21-13, in the other Last 8 clash in the upper
bracket of the tournament put up by Vice President Jejomar Binay, Rep. Albee
Benitez and businessman-sportsman Manny Pangilinan and backed by official
equipment sponsor Victor Exclusive.
Second seed Gelita
Castilo of Golden Shuttle Foundation, meanwhile, survived Reyne Calimlim of La
Salle, 21-23, 21-12, 21-11, to set up a Final Four clash with another La Salle
bet, Pauline Ramos, who shocked fourth seed Cassandra Lim in a thrilling
finish, 20-22, 21-15, 24-22.
Top seed defending
champion Antonino Gadi waylaid Andrei Babad, 21-6, 21-13, to arrange an
explosive semis showdown with Peter Magnaye in the Open Men�s singles of the
ranking tournament backed by PLDT-Smart Foundation, Gatorade and Powersmash
with The Philippine STAR, TV5, Badminton Extreme Philippines Magazine, Jam
88.3, Wave 89.1, Magic 89.9, 99.5 RT and 103.5 WOW! as media partners.
Magnaye bundled
out U-19 defending champion Joper Escueta, 21-13, 21-18.
Kevin Dalisay of
Phl/Victor snapped Lloyd Escoses� run with a 21-8, 21-15 romp to advance to
the semis against Paul Vivas, also of Phl/Victor, who trounced Jaime Junio,
21-9, 21-15.
While yielding the
Open title, Carlos stayed on course of her title-retention bid in the Under-19
class as she whipped Angelica Muyrong, 21-6, 21-8, for a semis duel with Lim,
who repulsed Danica San Ignacio in another down-to-the-wire finish, 21-15,
18-21, 22-20.
Patricia Barredo
also stunned second seed Patricia Malibiran, 13-21, 21-13, 21-18, to crash into
the semis against Flo Lamigo, who also upset joint third seed Ma. Victoria
Vizmonte, 21-19, 21-19.
Escueta,
meanwhile, dominated Kevin Cudiamat, 21-11, 21-12, to lead the semis cast in the
U-19 category. He will take on upset-conscious JC Clarito of La Salle, who
booted out joint No. 3 Gerard Sibayan, 21-9, 21-12.
Second seed
Wilbert Natividad thwarted Carlos Cayanan, 21-15, 19-21, 21-16, for a semis
clash with Kenneth Monterubio, who edged Jason Oba-ob, 18-21, 21-19, 21-8.
(PNA)
Communist leaders fall in Philippines: army
Agence France-Presse: 20 April 2011
[What follows is the full text of the news story.]
MANILA, April 20,
2011 (AFP) -
Two top communist
rebel leaders in the Philippines surrendered while a third was captured
Wednesday in a fresh blow to the insurgency amid ongoing peace talks, the army
said.
Marvin Capones and
his wife, Gelita, gave themselves up to the army on the central island of Samar
claiming they were tired of fighting, the military said in a statement.
Capones was the
vice commander of the New People's Army's (NPA) regional command in Samar,
while his wife was the medical officer.
"He directed
the operational command and was in charge of the armed component,"
regional army spokesman, Lieutenant Colonel Noel Vestuir told AFP.
"Their
surrender is a big blow to the revolutionary movement."
Meanwhile, an
intelligence officer of the NPA's rebel front on Negros island in a nearby area
of the central Philippines was also arrested.
Diro Sanchez was
wanted for various crimes, including extortion, the army said in a statement
without giving other details.
The NPA is the
armed unit of the Communist Party of the Philippines, which has been waging a
Maoist rebellion since 1969.
From a peak of
over 25,000 fighters in the 1980s, the military and other defence experts
believe it currently has less than 5,000 guerrillas.
The government
resumed peace talks with the rebels in February after a seven-year lull and
both sides said after the first round of negotiations they believed a peace
pact could be signed by June, 2012.
Chief government
negotiator Alex Padilla told AFP Wednesday he believed the latest surrenders
indicated divisions among the rebels' ranks, and would bolster his team's
position in the talks.
"It should
give renewed confidence on the government side," Padilla said.
He said the next
round of formal negotiations hosted by Norway would likely be in June.
The military often
claims victories whenever it arrests NPA leaders, but analysts say the
guerrillas remain a deadly force.
NPA attacks last
year killed 187 soldiers, police and pro-government militiamen, as well as
dozens of civilians caught in crossfire, the Brussels-based International
Crisis Group said in a February report.
strs-jvg/kma/apj
Australia Patent: Application for 'Nanoparticles
and method for the production thereof' Lapses
Australian Government: 23 March 2011
[What follows is the full text of the news story.]
Australia, March
23 -- Gelita AG, Germany, filed an application (2005276675) on Aug. 18, 2005,
for 'Nanoparticles and method for the production thereof.'
Inventor(s):
Conrad Coester, Jan Zillies, Klaus Zwiorek and Michael Ahlers
Application
Status: Lapsed (Did not pay a continuation fee within the prescribed time.)
The original document can be viewed at:
http://pericles.ipaustralia.gov.au/ols/auspat/applicationDetails.do?applicationNo=2005276675
For any query with
respect to this article or any other content requirement, please contact Editor
at htsyndication@hindustantimes.com
Badminton:Gadi, Castilo head cast in PBaRS tilt
Philippines News Agency: 22 March 2011
[What follows is the full text of the news story.]
MANILA, March 23
(PNA)-- Antonino Gadi and Gelita Castilo try to bring their respective games to
a higher level as they lead a strong field in the Open division of the PBaRS
(Philippine Badminton Ranking System) tournament firing off March 27 at
Powersmash in Makati.
Gadi, a three-time
Yonex Open men�s singles champion, banners the field in the men�s side of
the centerpiece event while Castilo, a two-time winner of the Yonex Open ladies
plum, looms as the player to beat in the distaff side of the tournament, which
offers a total prize fund of P1 million.
Emmanuel Garcia,
Wilfredo Amoroso and former national players Melvin Llanes, LLoyd Escoses,
Jaime LLanes will try to foil Gadi while Dia Magno, Bianca Carlos, Jubie Ann
Vallarta and Ma. Isabelle Villaran are tipped to crowd Castilo for the top
P70,000 purse.
Meanwhile, leading
badminton equipment brand Victor has been tapped as sponsor of the kickoff leg
of a four-stage nationwide ranking circuit during PBaRS inaugurals at Robinsons
Place Ermita graced by Vice President Jejomar Binay, former First Lady Amelita
�Ming� Ramos, and Bacolod Rep. Albee Benitez last weekend.
It�s a privilege
for Victor to be the equipment sponsor of PBaRS. We share same objective � to
further develop the sport and produce world caliber players. And I thank VP
Binay, Mrs. Ramos and Rep. Benitez for making this possible� said Alexander
Villamanca, president/CEO of Victor Pcome Industrial Sales, Inc., the
country�s exclusive distributor of Victor brand.
Backing the event,
sponsored by sponsored by MVP Sports Foundation-Goal Pilipinas! and Victor,
features the Open, Under 19 and Under 15 for boys and girls divisions, are the
Philippine Olympic Committee and the Philippine Sports Commission.
Kelvin Panganiban,
Cassandra Lim and Carlo Remo banner the junior cast in the tournament which has
also lured UAAP stars Angelica Ramos, Bryan Chan, Charlo Tengco, Patrick
Natividad, Salvador Kapunan, JC Clarito, Paula Tan and RJ Ormilla.
The finals of the
first leg of the circuit, backed by Gatorade and Powersmash with The Philippine
STAR, TV5, Jam 88.3, Wave 89.1, Magic 89.9, 99.5 RT and 103.5 WOW! as media
partners, will be held at the Ynares Sports Arena in Pasig City.
For details,
contact 725-2568 or telefax 725-4942 or log on to www.pbars.com.
Action shifts to
Bacolod on May 29 to June 4 for the second leg while Davao will host the third
stage on July 31 to August 6 for players in the provinces to get the chance to
play in top-level competitions.
The circuit,
designed to raise the Filipinos� level of play and come up with a truly
national ranking system, will culminate in the VP Grand Prix Badminton Open
Championships on October 22 to 29 in Manila. (PNA)
Eighth Circuit Holds That Burden Shifting Scheme Of
Mcdonnell-Douglas Applies In Age Discrimination Claims
Mondaq Business Briefing: 09 March 2011
[What follows is the full text of the news story.]
Larkin Hoffman Daly & Lindgren (United States)
Eighth Circuit
Holds That Burden Shifting Scheme Of Mcdonnell-Douglas Applies In Age
Discrimination Claims
09 March 2011 By
Mr Chris Heffelbower
Two years ago, the
United States Supreme Court held that plaintiffs claiming age discrimination
under the Age Discrimination in Employment Act ("ADEA") must show by
a preponderance of the evidence that age was the "but for" cause of the
adverse employment action. Gross v. FBL Fin. Servs., Inc., 129 S. Ct. 2343
(2009). The Supreme Court held: "The burden of persuasion does not shift
to the employer to show that it would have taken the action regardless of age,
even when a plaintiff has produced some evidence that age was one motivating
factor in that decision." Id.at 2352. The Supreme Court, however, declined
to answer whether the use of the familiar burden-shifting scheme of McDonnell
Douglas Corp. v. Green was still appropriate in the context of ADEA claims.
After the Gross
decision, some circuits continued to apply the evidentiary framework
articulated inMcDonnell-Douglas. Gorzynski v. Jetblue Airways Corp., 596 F.3d
93, 106 (2nd Cir. 2010); Geiger v. Tower Auto., 579 F.3d 614, 622 (6th Cir.
2009); Smith v. City of Allentown, 589 F.3d 684, 691 (3rd. Cir. 2009). While
the Eighth Circuit had opportunities to address the issue in these last two
years, it chose to punt the issue for a later time. See, e.g., Clark v.
Matthews Int'l Corp., 628 F.3d 462 (8th 2010) (declining to apply the
McDonnell-Douglas framework because the plaintiff did not argue for the
application of the burden-shifting analysis in the district court.)
Two years after
the Supreme Court's decision inGross, the Eighth Circuit has finally ruled on
this issue in Haigh v. Gelita USA, Inc., ___ F.3d. ___, 2011 WL 260303 (8th
Cir. Jan. 28, 2011). In Haigh, the Court affirmed the district court's granting
of summary judgment in favor of the employer. The Court held that, "In
order to prove his claim, [plaintiff] must show, by a preponderance of the
evidence, that age was the 'but-for' cause of the challenged adverse employment
action." The Court was then forced to take a stance on the effect of the
Grossdecision and held that ADEA plaintiffs' claims must be analyzed under the
familiar burden-shifting scheme ofMcDonnell-Douglas.
Under this burden
shifting scheme, an employee is required to show that (1) he is at least 40
years old; (2) he was terminated; (3) he was meeting his employer's reasonable
expectations at the time he was terminated; and (4) he was replaced by an
individual who was substantially younger. Id. If an employee establishes this
prima facie case of age discrimination, the burden shifts to the employer to
provide a legitimate, nondiscriminatory reason for the termination. If the
employer provides such a reason, the burden returns to the employee to prove
that the employer's reason was mere pretext for discrimination. In Haigh v.
Gelita, the Eighth Circuit affirmed the district court's granting of summary
judgment to the employer because the employer provided a legitimate
non-discriminatory reason for its discharge of the employee because the
employee had refused to work with his new manager.
This case in
important for Employment Law attorneys practicing within the Eighth Circuit.
Employment lawyers have been in limbo since the Supreme Court's decision in
Gross and were unsure whether the burden-shifting framework ofMcDonnell-Douglas
still applied in ADEA cases in the Eighth Circuit. Now that the Eighth Circuit
has made a definitive ruling on this issue, there is more certainty as to how
the law will be applied in age discrimination cases under the ADEA.
Larkin Hoffman's
Labor and Employment attorneys have substantial experience handling a
wide-variety of employment discrimination claims, including age discrimination.
Contact one of our experienced attorneys if you need assistance for any of your
employment law needs.
The content of
this article is intended to provide a general guide to the subject matter.
Specialist advice should be sought about your specific circumstances.
Mr Chris
Heffelbower
Larkin Hoffman
Daly & Lindgren
1500 Norwest
Financial Center
Minneapolis
MN
55431
UNITED STATES
Tel: 9528353800
Fax: 952893333
E-mail: Tdomish@larkinhoffman.com
URL: www.larkinhoffman.com
(c) Mondaq Ltd, 2011 - Tel. +44 (0)20 8544 8300 - http://www.mondaq.com
Australia Patent:
Application for 'Water accumulating material' Lapses
Australian
Government: 07 March 2011
[What follows is
the full text of the news story.]
Australia, March 7 -- GELITA AG, Germany, filed an application (2004267923)
on filing date, for 'Water
accumulating
material.'
Inventor(s): Brigitte Fischer and Michael Ahlers
Application Status: Lapsed (Did not pay a continuation fee within the
prescribed time)
The original document can be viewed at:
http://pericles.ipaustralia.gov.au/ols/auspat/applicationDetails.do?applicationNo=2004267923
For any query with respect to this article or any other content
requirement, please contact Editor at htsyndication@hindustantimes.com
Australia Patent:
Application for 'Collagen hydrolysate' Lapses
Australian
Government: 07 March 2011
[What follows is
the full text of the news story.]
Australia, March 7 -- GELITA AG, Germany, filed an application
(2004267925) on filing date, for 'Collagen hydrolysate.'
Inventor(s): Bernd Eggersgluss and Michael Butzengeiger
Application Status: Lapsed (Did not pay a continuation fee within the
prescribed time)
The original document can be viewed at: http://pericles.ipaustralia.gov.au/ols/auspat/applicationDetails.do?applicationNo=2004267925
For any query with respect to this article or any other content
requirement, please contact Editor at htsyndication@hindustantimes.com
Research and
Markets: Gelatin - Global Strategic Business Report
Business Wire: 25
February 2011
[What follows is the full text of the news story.]
DUBLIN--(BUSINESS WIRE)-- Research and Markets
(http://www.researchandmarkets.com/research/b1b62e/gelatin_global_s) has
announced the addition of the "Gelatin - Global Strategic Business
Report" report to their offering.
This report
analyzes the worldwide markets for Gelatin in Thousand Metric Tons by the
following End use segments: Food & Beverage, Pharmaceutical, Photographic
Supplies, and Others. The report provides separate comprehensive analytics for
the US, Canada, Japan, Europe, Asia-Pacific, Latin America, and Rest of world.
Annual estimates and forecasts are provided for the period 2007 through 2015.
Also, a six-year historic analysis is provided for these markets.
The report
profiles 79 companies including many key and niche players such as:
Capsugel
Catalent Pharma
Solutions
Gelita AG
Nitta Gelatin Inc.
Norland Products
Inc.
Roxlor LLC
Sterling Gelatin
Suheung Capsule
Co. Ltd.
Tessenderlo Group
VION NV
Rousselot (Daan)
Gelatin Co. Ltd.
Market data and
analytics are derived from primary and secondary research. Company profiles are
mostly extracted from URL research and reported select online sources.
Please note:
Reports are sold as single-site single-user licenses. The delivery time for
hard copies is between 3-5 business days, as each hard copy is custom printed
for the organization ordering it. Electronic versions require 24-48 hours as
each copy is customized to the client with digital controls and custom
watermarks.
For information on
site licence pricing please click on Enquire before buying
Key Topics
Covered:
1. INTRODUCTION,
METHODOLOGY & PRODUCT DEFINITIONS
2. MARKET OVERVIEW
3. GELATIN -
PRODUCT OVERVIEW
4. GELATIN - END
USE APPLICATIONS
5. RESEARCH AND DEVELOPMENT
6. REGULATORY ENVIRONMENT
7. RECENT INDUSTRY ACTIVITY
8. CORPORATE ACTIVITY IN RECENT PAST- A PERSPECTIVE BUILDER
9. FOCUS ON SELECT GLOBAL PLAYERS
10. GLOBAL MARKET PERSPECTIVE
11. THE UNITED STATES
12. CANADA
13. JAPAN
14. EUROPE
15. ASIA-PACIFIC
16. LATIN AMERICA
17. REST OF WORLD
COMPETITIVE LANDSCAPE Total Companies Profiled: 79 (including
Divisions/Subsidiaries - 89) Region/Country Players
The United States 13
Canada 3
Japan 3
Europe 31
France 6
Germany 5
The United Kingdom 2
Italy 3
Spain 3
Rest of Europe 12
Asia-Pacific (Excluding Japan) 30
Latin America 6
Africa 1
Middle-East 1
For more information visit
http://www.researchandmarkets.com/research/b1b62e/gelatin_global_s
Research and Markets
Laura Wood, Senior Manager,
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Gelita AG Files
Patent Application for Process for Making a Low Molecular Weight Gelatine
Hydrolysate and Gelatine Hydrolysate Compositions
Indian Patent News
27 April 2011
[What follows is
the full text of the article.]
New Delhi, April
27 -- Germany based Gelita AG filed patent application for process for making a
low molecular weight gelatine hydrolysate and gelatine hydrolysate
compositions. The inventors are Babel Wilfried, Dolphin John M, Keenan Tom and
Russell Jason D.
Gelita AG filed
the patent application on Aug. 2, 2007. The patent application number is
2823/KOLNP/2007 A. The international classification number is C08H1/06.
According to the
Controller General of Patents, Designs & Trade Marks, "The present
invention provides a process to make a gelatine hydrolysate, a gelatine
hydrolysate, and gelatine compositions including gelatine hydrolysates. More
specifically, the invention provides gelatine compositions having a reduced
tendency to cross-link and improved dissolution properties."
About the Company
The GELITA Group
companies manufacture gelatine under the trade name GELITA. This gelatine is
used in a variety of applications in the food, photographic and pharmaceutical
industries. In addition, a whole range of special gelatine products is
available for specific applications.
Related Topics
Legal
KS
Aluminium-Technologie GmbH and Gelita AG Files Patent Application for
Passivating Means Surface Treatment Means Surface Treatment Spray Means and
Method for Treating Metallic Surfaces of Work Pieces or Cast Molds
Indian Patent News
21 March 2011
[What follows is
the full text of the article.]
New Delhi, March
21 -- Germany based KS Aluminium-Technologie GmbH and Gelita AG filed patent
application for passivating means surface treatment means, surface treatment
spray means and method for treating metallic surfaces of work pieces or cast
molds. The inventors are Manfred Laudenklos, Stephan Beer and Matthias
Reihmann.
KS
Aluminium-Technologie GmbH and Gelita AG filed the patent application on July
21, 2010. The patent application number is 5261/DELNP/2010 A. The international
classification number is C23C 22/74.
According to the
Controller General of Patents, Designs & Trade Marks, "Passivating by
phosphating is a known method. Prior to passivation, there are usually
performed various cleaning steps when a surface treatment is to be performed on
casting molds or workpieces. According to the invention, it is proposed that
the passivating agent comprising an aqueous phosphate solution with metal ions,
is additionally provided with a gelatin. Further proposed are surface treatment
agents and spray-type surface treatment agents which comprise such a
passivating agent as well as non-ionic surface-active agents, lactic acid and a
citric acid monohydrate, and optionally a thickening agent. Thereby, preceding
cleaning steps can be avoided. Further, there is proposed a corresponding
method wherein these surface treatment agents are used. The proposed agents and
methods reduce the energy consumption and, in comparison with known agents,
allow for a better effect with regard to adhesive strength, promotion of
adhesion and thermal shock resistance."
Related Topics
Legal
Gelita AG Files Patent Application for
Nanoparticles and Process for Their Production
Indian Patent News
31 January 2011
[What follows is the full text of the article.]
New Delhi, Jan. 31
-- Germany based Gelita AG filed patent application for nanoparticles and
process for their production. The inventors are Ahlers Michael, Coester Conrad,
Zwiorek Klaus and Zillies Jan.
Gelita AG filed
the patent application on Feb. 5, 2007. The patent application number is 400/KOLNP/2007
A. The international classification numbers are A61K 9/48, A61K47/48 and A61K
9/1.
According to the
Controller General of Patents, Designs & Trade Marks, "In order to
make biodegradable nanoparticles available which ensure a uniform and definable
transport of active substances and to provide a suitable process for the
production of these nanoparticles at the same time, it is suggested that the
nanoparticles consist essentially of an aqueous gelatin gel, wherein the
average diameter of the nanoparticles is at the most 350 nm, the polydispersity
index of the nanoparticles is less than or equal to 0.15 and wherein a gelatin
is used as starting material for the production process, its proportion of
gelatin with a molecular weight of less than 65 kDa, in relation to the total
gelatin, being at the most 40 % by weight."
Related Topics
Legal
Related
Geographies
Europe
Austria
Gelita AG Files
Patent Application for Water-Storage Material
Indian Patent News
27 January 2011
[What follows is
the full text of the article.]
New Delhi, Jan. 27
-- Germany based Gelita AG filed patent application for water-storage material.
The inventors are Ahlers Michael and Fischer Brigitte.
Gelita AG filed
the patent application on Feb. 10, 2006. The patent application number is
00297/KOLNP/2006 A. The international classification number is A01G29/00.
According to the
Controller General of Patents, Designs & Trade Marks, "In order to
obtain a water-storage material having a maximum water-storing capacity, based
on water absorber used, which is simple to apply in correct dosage over small
and large areas, it is proposed that a flat biodegradable carrier material and
a water absorber be used, the particles of said water absorber being fixed in
position on said carrier material in an evenly distributed fashion."
The GELITA Group
companies manufacture gelatine under the trade name GELITA. This gelatine is
used in a variety of applications in the food, photographic and pharmaceutical
industries. In addition, a whole range of special gelatine products is
available for specific applications.
Annual Profit & Loss
|
|
31-Dec-2009 |
31-Dec-2008 |
31-Dec-2007 |
|
Period Length |
12 Months |
12 Months |
12 Months |
|
Filed Currency |
EUR |
EUR |
EUR |
|
Exchange Rate
(Period Average) |
0.719047 |
0.683679 |
0.730637 |
|
Consolidated |
Yes |
Yes |
Yes |
|
|
|
|
|
|
Total income |
559.6 |
578.3 |
552.3 |
|
Raw materials and services |
268.0 |
281.0 |
228.5 |
|
Net sales |
559.6 |
578.3 |
552.3 |
|
Change in stock |
12.1 |
4.2 |
-7.4 |
|
Own work capitalised |
0.1 |
0.5 |
1.0 |
|
Other operating income |
35.7 |
54.1 |
49.1 |
|
Raw materials and consumables employed |
268.0 |
281.0 |
228.5 |
|
Other external charges |
15.8 |
17.2 |
14.6 |
|
Cost of goods sold |
283.7 |
298.2 |
243.1 |
|
Cost of raw materials |
283.7 |
298.2 |
243.1 |
|
Taxes and social security costs |
29.9 |
34.2 |
32.6 |
|
Total payroll costs |
139.4 |
147.0 |
144.5 |
|
Fixed asset depreciation and amortisation |
34.0 |
36.9 |
35.7 |
|
Other operating costs |
226.6 |
280.8 |
250.9 |
|
Net operating income |
36.9 |
14.6 |
46.1 |
|
Interest received from loans |
- |
- |
0.0 |
|
Other income |
2.3 |
3.5 |
3.0 |
|
Interest payable on loans |
4.0 |
4.3 |
5.0 |
|
Other expenses |
0.0 |
0.1 |
0.0 |
|
Total expenses |
1.0 |
-1.3 |
-4.9 |
|
Profit before tax |
35.9 |
15.9 |
51.1 |
|
Provisions |
117.6 |
114.8 |
117.3 |
|
Extraordinary expenses |
6.4 |
- |
6.2 |
|
Extraordinary result |
-6.4 |
- |
-6.2 |
|
Other taxes |
2.1 |
2.0 |
1.9 |
|
Total taxation |
12.5 |
7.0 |
12.8 |
|
Net profit |
14.9 |
6.9 |
30.2 |
Annual Balance Sheet
Financials in: USD
(mil)
|
|
31-Dec-2009 |
31-Dec-2008 |
31-Dec-2007 |
|
Filed Currency |
EUR |
EUR |
EUR |
|
Exchange Rate |
0.696986 |
0.719399 |
0.683971 |
|
Consolidated |
Yes |
Yes |
Yes |
|
|
|
|
|
|
Issued capital |
35.9 |
34.8 |
36.6 |
|
Legal reserves |
3.6 |
3.5 |
3.7 |
|
Other reserves |
335.2 |
290.9 |
333.6 |
|
Total reserves |
338.8 |
294.3 |
337.2 |
|
Profits for the year |
9.7 |
7.5 |
13.2 |
|
Total stockholders equity |
384.3 |
336.6 |
387.0 |
|
Deferred taxation |
3.0 |
2.4 |
9.1 |
|
Other provisions |
53.1 |
44.5 |
50.2 |
|
Provision for pensions |
48.3 |
46.0 |
46.2 |
|
Provisions and allowances |
121.4 |
109.1 |
125.3 |
|
Other debentures |
37.6 |
46.9 |
47.8 |
|
Total long-term liabilities |
37.6 |
46.9 |
47.8 |
|
Trade creditors |
26.3 |
28.0 |
30.4 |
|
Advances received |
0.2 |
0.1 |
0.3 |
|
Other loans |
53.9 |
60.4 |
33.2 |
|
Taxation and social security |
5.0 |
5.2 |
5.7 |
|
Due to group companies |
1.5 |
1.3 |
1.3 |
|
Total current liabilities |
86.8 |
94.9 |
71.0 |
|
Regularisation account |
0.0 |
0.2 |
- |
|
Total liabilities (including net worth) |
630.2 |
587.8 |
631.0 |
|
Patents |
1.4 |
1.1 |
1.3 |
|
Goodwill |
0.6 |
1.1 |
1.1 |
|
Intangibles |
2.0 |
2.2 |
2.3 |
|
Land and buildings |
147.0 |
136.5 |
149.7 |
|
Machinery and tools |
118.3 |
106.1 |
113.3 |
|
Fixtures and equipment |
147.0 |
136.5 |
149.7 |
|
Fixed assets under construction |
5.7 |
13.3 |
10.3 |
|
Total tangible fixed assets |
280.2 |
265.9 |
284.5 |
|
Long-term investments |
0.3 |
0.3 |
0.4 |
|
Shares held in associated companies |
0.9 |
0.8 |
0.8 |
|
Total financial assets |
1.1 |
1.1 |
1.3 |
|
Total non-current assets |
283.3 |
269.1 |
288.1 |
|
Raw materials |
25.0 |
30.5 |
23.0 |
|
Work in progress |
5.2 |
6.4 |
4.8 |
|
Finished goods |
111.9 |
90.0 |
98.2 |
|
Prepayments |
2.0 |
2.4 |
2.0 |
|
Net stocks and work in progress |
144.1 |
129.3 |
128.0 |
|
Trade debtors |
82.5 |
87.0 |
94.1 |
|
Other receivables |
55.0 |
31.1 |
41.5 |
|
Total receivables |
154.2 |
134.4 |
153.0 |
|
Owing from participants |
16.7 |
16.3 |
17.4 |
|
Cash and liquid assets |
46.0 |
31.6 |
34.6 |
|
Marketable securities |
0.0 |
0.0 |
0.0 |
|
Short-term investments |
0.0 |
0.0 |
0.0 |
|
Recoverable taxation |
0.2 |
20.9 |
23.0 |
|
Total current assets |
344.2 |
295.2 |
315.6 |
|
Prepaid expenses and deferred costs |
2.4 |
2.6 |
4.4 |
|
Total assets |
630.2 |
587.8 |
631.0 |
Annual Ratios
Financials
in: USD (mil)
|
|
31-Dec-2009 |
31-Dec-2008 |
31-Dec-2007 |
|
Period Length |
12 Months |
12 Months |
12 Months |
|
Filed Currency |
EUR |
EUR |
EUR |
|
Exchange Rate |
0.696986 |
0.719399 |
0.683971 |
|
Consolidated |
Yes |
Yes |
Yes |
|
|
|
|
|
|
Current ratio |
39.63 |
31.09 |
44.45 |
|
Acid test ratio |
23.05 |
17.48 |
26.42 |
|
Total liabilities to net worth |
0.03% |
0.04% |
0.03% |
|
Net worth to total assets |
0.06% |
0.06% |
0.06% |
|
Current liabilities to net worth |
0.02% |
0.03% |
0.02% |
|
Current liabilities to stock |
0.06% |
0.07% |
0.06% |
|
Fixed assets to net worth |
0.07% |
0.08% |
0.07% |
|
Collection period |
522.00 |
577.00 |
584.00 |
|
Stock turnover rate |
2.50 |
2.35 |
2.17 |
|
Profit margin |
0.00% |
0.00% |
0.01% |
|
Return on assets |
0.00% |
0.00% |
0.01% |
|
Shareholders' return |
0.00% |
0.00% |
0.01% |
|
Sales per employee |
15.99 |
15.38 |
14.70 |
|
Profit per employee |
0.61 |
0.18 |
0.97 |
|
Average wage per employee |
3.98 |
3.91 |
3.85 |
|
Net worth |
384.3 |
336.6 |
387.0 |
|
Number of employees |
2,516 |
2,570 |
2,746 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.45.61 |
|
UK Pound |
1 |
Rs.75.32 |
|
Euro |
1 |
Rs.65.68 |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
|
56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
---- |
NB |
New Business |
---- |
This score serves as a reference to assess SC’s credit risk
and to set the amount of credit to be extended. It is calculated from a
composite of weighted scores obtained from each of the major sections of this
report. The assessed factors and their relative weights (as indicated through
%) are as follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.