Z Trim Holdings, Inc. operates as an agritech company. The company owns existing, and seeks to develop new, products and processes that convert generally available agricultural by-products into multi-functional all-natural ingredients that could be used in food manufacturing and other industries. The company sells a line of all-natural products to the food industry designed to help manufacturers improve the quality of finished goods and solve various production problems. The company has developed products that manage moisture to help improve nutritional value in finished foods, while maintaining the essential taste and mouth-feel associated with full-fat products. The global market for the company’s line of products spans the entire food and nutritional beverage industry, including fat-free, low-fat, reduced-fat and full-fat, across meats, baked goods, dairy and non-dairy products, snacks, beverages, dressings, sauces and dips. Products The company’s core product portfolio of multifunctional food ingredients includes Corn Z Trim (both GMO and non-GMO) and Oat Z Trim. Z Trim is being used by food manufacturers worldwide, across a multitude of food categories, such as meats, sauces, soups, dressings, baked goods, fillings, toppings, prepared meals, dairy products, frozen handheld snacks, and pizza dough. In 2012, the company opened an industrial division seeking to serve various industries, including but not limited to, oil drilling, hydraulic fracturing, petroleum coking, pharmaceuticals, nutracuticals, paper and corrugated box adhesives, and others. The company is developing products from its patented technologies to make value-added ingredients from agricultural sources to serve these industries. In 2013, the company entered into a joint development agreement with Newpark Drilling Fluids LLC, a subsidiary of Newpark Resources, Inc., to develop new, environmentally-friendly drilling fluids that incorporate the company’s proprietary industrial materials that could replace products, such as guar and xanthan gums in drilling applications. In 2013, the company announced its first sale of industrial grade Bio-Fiber Gum for use in the petroleum coke industry. Product Distribution The company is developing its food ingredient market through direct and brokered sales to major food manufacturers, as well as small and midsize companies for packaged retail foods; and direct and brokered sales to large and small foodservice manufacturers that supply to restaurants, hospitals, schools and cafeterias. In addition to direct sales, the company uses a network of ingredient distributors, both domestic and international, to distribute its products. Suppliers The company’s major suppliers include Agricor, Inc. and Hydrite Chemical. Intellectual Property The company’s intellectual property includes a license to US Patent No. 5,766,662, including all related international patents. The company’s license expires upon the expiration of the underlying patent in 2015. In 2009, the company was issued U.S. Patent No. 7,625,591 B2, which expires in 2026 subject to the payment of maintenance fees. In 2010, the company was issued U.S. Patent No. 7,763,301, which would expire in 2027 subject to payment of maintenance fees. In 2012, the company, jointly with the USDA, filed a provisional patent for its BioFiber Gum line of products, seeking patent protection for the composition of matter, process for making, as well as applications for, the company’s proprietary soluble fibers (application number: PCT/US2013/049116). The company has three additional provisional patents on file that cover composition, process and various applications of Z Trim and BioFiber Gum, each filed jointly with the USDA. Research and Development The company spent $1,377,611 for research and development expense in 2014. History The company was founded in 1994. It was incorporated in the state of Illinois in 1994. The company was formerly known as Circle Group Entertainment Ltd. and changed its name to Z Trim Holdings, Inc. in 2006.
z-trim holdings (ZTHO:OTC US)
1011 Campus Drive
Mundelein, IL 60060
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