FMC to sell its Omega-3 business to Pelagia

6:53 AM, 26th June 2017

PHILADELPHIA, US: FMC Corporation (FMC) has signed a definitive agreement to sell its Epax Omega-3 business to Pelagia AS, a leading producer of pelagic fish products.

The deal is expected to close by the end of Q3 2017.

"We are pleased to sell our Omega-3 business to Pelagia. We believe Pelagia provides a strong strategic fit for our Epax Omega-3 product line and will complement Pelagia's existing portfolio,” said Eric Norris, president, FMC health and nutrition.

0 Comments

Your Comments (Up to 2000 characters)

Please respect our community and the integrity of its participants. WOC reserves the right to moderate and approve your comment.

Submit

ADELAIDE, AUSTRALIA: Australian scientists have paved the way for carbon neutral fuel with the development of a new efficient catalyst that converts c ...

Reliance inaugurates world-class research centre in India

VADODARA, INDIA: Reliance Industries Ltd (RIL) inaugurated its technologically advanced product application & research centre (PARC) at Vadodara, ...

Kaneka to acquire US formulated resin supplier for $15 mn

OSAKA, JAPAN: Kaneka Americas Holding Inc (KAH), a wholly owned subsidiary of Kaneka Corporation and Applied Poleramic Inc (API) have entered into a s ...

Clariant opens R&D greenhouse to support agricultural challenges

MUTTENZ, GERMANY: Clariant International Ltd said that it has invested in a state-of-the-art R&D greenhouse, to increase its support for tackling ...

CB&I bags EPC contract for DuPont’s ethane cracking project

THE WOODLANDS, US: Chicago Bridge & Iron Company NV (CBI) has been awarded a contract by DuPont to provide engineering, procurement and constructi ...

PPG unveils new website for architectural metal coatings

PITTSBURGH, US: PPG Industries Inc (PPG) has unveiled a new website for architectural metal coatings featuring a streamlined appearance, intuitive nav ...