DSM Forms New Company

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KAISERAUGST, Switzerland—DSM Nutritional Products formed Nutritional Lipids, a company that combines DSM’s polyunsaturated fatty acid (PUFAs) portfolio with  Martek’s algal docosahexaenoic acid (DHA) omega-3 and arachidonic acid (ARA) omega-6 products. The business is designed to leverage Martek’s technology and market position in the United States and DSM Nutritional Products’ global asset footprint, marketing and sales, and premix network to capture significant global growth opportunities and accelerate international expansion.

Peter A. Nitze, who was COO at the time of DSM’s acquisition of Martek, will lead Nutritional Lipids as president and will be based in Columbia, MD. Steve Dubin, Martek’s CEO at the time of acquisition, will also be assuming a new role at DSM to be announced at a later date. David Abramson, Martek’s president at the time of acquisition, has been appointed senior executive advisor for DSM Nutritional Products.

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