CHINA – Ingredient supplier, Kemin Industries has announced that it has invested in China based biotechnology firm, CRVAB Bio-technology Co., Ltd to increase its capabilities in the feed, food and textiles markets.
Kemin said the partnership expands its global market leadership in enzyme production and reach more customers in in blending enzymes for feed.
The deal provides Kemin with additional fermentation and production capabilities, allowing it to directly control its production of enzymes, provide customers with higher quality solutions and even greater consistency in enzyme products.
“With this investment, we will be able to better serve more customers in the global feed enzymes markets and will become basic in enzyme production,” said Dr. Chris Nelson, President and CEO of Kemin Industries.
“As a company founded on science and innovation to improve lives around the world, we are always searching for ways to create impact and this new partnership allows us to expand into areas like food and textile applications.”
Kemin will have expanded resources for innovations in both single and blended enzymes as well as probiotic product pipelines as Kemin works on a new product portfolio to bring enzyme products to market.
The investment will give Kemin one of the most efficient fermentation facilities in China and an accelerated ability to bring products to Kemin customers.
Kemin is a global ingredient manufacturer with a focus on improving the quality of life for more than 3.8 billion people every day with over 500 specialty ingredients made for the human and animal health, aquaculture, pet food, nutraceutical, food technology, crop technologies and textile industries.
Kemin China begun the initial phases of a 7-year long facility expansion in 2009.
Mr. Peijun Wu, Chairman of CRVAB Bio-technology Company, Ltd said: “We are very excited to have Kemin as a trusted partner.
This will significantly improve our capability and allow us to produce products meeting the highest international quality standards.”
Kemin Industries opened US$30 million global headquarters in Des Moines, Iowa, USA.
It has embraced an ambitious growth strategy with a focus on innovation, science and entrepreneurship in the feed and animal production industry.
“Kemin continues to be the key driver of product and technology innovations globally.
This new partnership will further strengthen our capability to quickly scale up new innovations, while maintaining our quality and safety standards for global regulatory requirements,” said GS Ramesh, Kemin Global Group President, Animal Nutrition and Health.