Netherlands based DSM Nutritional Products Ltd. has signed a Letter of Intent with Tanergo JSC and the Government of the Republic of Tatarstan for the construction of a micronutrient premix plant for animal nutrition in the autonomous Russian Republic and the establishment of a Joint Venture.
DSM Nutritional Products will deploy its latest technology based on the experience of having built and operating 46 premix plants worldwide in the fields of human and animal nutrition & health as well as its long-lasting experience in service and provision of know-how as a leader in its industry.
Tatenergo and the Government of the Republic of Tatarstan will provide the maximum support to this project.
Rustam N. Minnikhanov, Prime Minister of Tatarstan, lends his full support to this high priority project.
He sees it as an important step towards reaching self-sufficiency in animal feed production for the Russian Federation.
Ilshat Sh. Fardiev, CEO of Tatenergo JSC, said: “DSM is a world leader in the field of life sciences and material sciences. We hope that this is a first step for a deep and long-lasting partnership.”
Leendert Staal, CEO and President of DSM Nutritional Products added: “This is an important step towards our strategic vision of growing our business in the Russian Federation.
“I’m very pleased and grateful for the support given by the Government of the Republic of Tatarstan, and I’m looking forward to an enduring and fruitful partnership.”