Evonik signs memorandum of understanding with government of Rostov region
Evonik and the government of the Russian Rostov Region used the opportunity of a reception at the Russian embassy in Berlin and the annual International Green Week to reaffirm their cooperation. The objective is to establish a facility for the production of Biolys® in Volgodonsk through the joint venture OOO DonBioTech. The operative partners of the joint venture are Evonik Industries AG as a minority shareholder and the Russian Varshavsky Group.
The joint venture will use Evonik fermentation technology in the new Biolys® plant to produce L-lysine. Biolys®is considered a source of lysine in animal feed for swine and poultry. The new facility is to become operational in 2014 and will have an annual capacity of approx. 100,000 metric tons of Biolys®. The raw material to be processed by the joint venture will consist of wheat grown in the Rostov Region.
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