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Evonik signs agreement for amino acid jv in Russia

4:16 AM MST | January 21, 2013 | Francinia Protti-Alvarez

Evonik Industries has signed a memorandum of understanding (MOU) with the regional government of Rostov, Russia, to form DonBioTech, a joint venture with Varshavsky Group (Moscow), to manufacture L-lysine at Volgodonsk, Russia, Evonik announced today. The jv was approved in the summer of 2012, as previously reported by CW.   The jv will use Evonik fermentation technology at the new plant to produce L-lysine. The new facility is to become operational in 2014 and will have capacity of about 100,000 m.t./year for the amino acid Biolys, considered a highly...

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