News: Kemin, DSM in Alliance
Under an existing agreement, DSM currently offers FloraGLO products made with crystalline lutein supplied by Kemin. Under the terms of the new global agreement, Kemin will supply FloraGLO lutein exclusively through DSM. DSM will commercialize globally FloraGLO products through distributors and directly to customers in the dietary supplement, food and beverage, and over-the-counter pharmaceutical industries.
"We are extremely excited about this long-term alliance. Lutein is strategically important to both of our businesses, and we are committed to significantly growing the global lutein market for years to come. We are convinced our customers and consumers will benefit from the many synergies that will result from Kemin and DSM working more closely together, especially by leveraging Kemin's expertise in the molecular knowledge of lutein and DSM's unique formulation technology," said Rodney Ausich, president of Kemin Health. "The collaboration leverages DSM's global reach and broad product portfolio with Kemin's intellectual property, technical know-how and market development expertise. Kemin and DSM believe that combining the strengths of both companies will provide greater value to our customers and the marketplace," said Thomas Adler, vice president of New Business Development at DSM Nutritional Products.
From the November 19, 2007, Prepared Foods e-Flash