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DSM & Evonik to jointly set up $200-mn omega-3 fatty acids plant in US

The plant, for the first time, will enable production of omega-3 fatty acids without using fish oil

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Aquaculture farm

Last Updated : Mar 10 2017 | 10:41 AM IST

Royal DSM and Evonik will jointly invest $ 200 million over the next two years to set up a manufacturing facility omega-3 fatty acid products from natural marine algae for animal nutrition in the US. This breakthrough innovation will, for the first time, enable the production of omega-3 fatty acids for animal nutrition without using fish oil from wild caught fish, a finite resource.

Two companies have agreed to form a joint venture (each holding a 50 percent share) for this purpose and co-own the production facility, which will be built at an existing site of Evonik and is expected to

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