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Evonik's Board Approves Russian Amino Acid JV
8:45 AM MDT | July 10, 2012 | Natasha Alperowicz
Evonik Industries’ executive board has approved previously announced plans to manufacture the animal feed amino acid L-lysine in Russia. The project, based at Volgodonsk, will be set up by OOO DonBioTech, a joint venture with the Varshavsky Group (Moscow). The jv will predominantly serve the Russian market. “Russia will become an important market for us, given that demand there for amino acids used in animal feed has experienced healthy growth for years,” says Patrik Wohlhauser, executive board member/consumer, health, and...
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