HEERLEN, The Netherlands—DSM Nutritional Products signed a joint venture agreement with Tatenergo JSC (Republic of Tatarstan) to build a premix plant for Animal Nutrition & Health in the Republic of Tatarstan, expanding its worldwide presence in micronutrient premixes and business development in the Russian Federation. Construction will start immediately; the plant is scheduled to open early 2011.
“Our partners’ leading technology and worldwide expertise with premixes offers us the opportunity of a state-of-the art solution for the growing needs of the industry as well as our population. We consider this as the start of a strategic partnership with the ultimate goal of introducing new state of the art methods and standards into agribusiness of Tatarstan. It will also leverage the role of Tatarstan as a supplier of feed and animal protein to the Russian Federation,” said Ilshat Sh. Fardiev, CEO of Tatenergo.
“Partnering with Tatenergo is a key step in the global expansion of our premix facilities. It fits perfectly with our strategic growth objective of business development in the Russian Federation,” said Dr. Leendert H. Staal, CEO and president of DSM Nutritional Products.