Accel Carrageenan Corporation

ACCEL Carrageenan Corporation (ACC) is the new name in food grade semi-refined carrageenan. Formerly RICO PHILIPPINES Industrial Corporation (RPIC), the new company was further enhanced and expanded to suit to the growing demand of quality carrageenan products. Established in ***0 through a joint venture of Rico Industrial Taiwan and Marcel Trading Corporation (MTC) of the Philippines, RPIC€™s initial activities were focused on producing both semi-refined and refined carrageenan under an exclusive selling arrangement to MTC. In early ***0, RPIC, still the sole supplier of MTC (also known as Marcel Carrageenan), moved up to producing food-grade semi-refined carrageenan. Seventy percent (*0%) of its output was channeled by Marcel to carrageenan buyers in Asia, Europe and the United States. The remaining *0% was sold to the domestic market through an affiliated distribution company serving the top food corporations and conglomerates in the Philippine market. ACCEL is everything that RICO was €¦. and more. In the rich RICO tradition, ACCEL carries on the leadership as one of the top players in the Philippine carrageenan industry.