DSM expand,upgrade omega-3 production facility in Nova Scotia, Canada

DSM expands omega-3 production facility in Nova Scotia, Canada

10:23 AM, 27th August 2014
DSM expand,upgrade omega-3 production facility in Nova Scotia, Canada

PARSIPPANY, US: DSM Nutritional Products will invest at least $30 million in new capital to upgrade and expand its facilities in Mulgrave, Nova Scotia, Canada, building upon its earlier investments in the nutritional lipids category through the acquisition of Ocean Nutrition Canada and Martek Biosciences Corporation, both major manufacturers of healthy omega-3 oils. The investment in Nova Scotia demonstrates market leadership and confidence in the long-term potential of this market.

“Omega-3 from fish oil is one of the most-studied nutrients in the last 30 years. Despite the well-established, scientifically-proven health benefits of omega-3s, many consumers do not obtain enough from their daily diets. Unfortunately, there has been a slowdown in the Omega-3 consumption over the past two years, caused in large part by negative media coverage of questionable scientific studies. Consumers get confused with these conflicting messages, so in addition to investing in hard assets, DSM will continue to invest in more science and consumer advocacy and education of Omega-3,” said Will Black, Vice President, Marketing, DSM North America.

 

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