LLC "Donbioteh" – the joint venture of Russian company Russian Agricultural Trust and German Evonik Industries, has invested RUB 1.4 billion (US$39 million) in the construction of a plant for the production of feed lysine in the Rostov Oblast on the south European part of Russia.
This was announced by the deputy governor of the region, Vyacheslav Vasilenko at the meeting of the Board of Investment under the Governor.
The launch of the plant is scheduled for 2015, and its capacity will be about 100,000 tonnes of feed additive Biolys per year. Biolys is an extremely effective source of L-lysine in animal feed for pigs and poultry, according to the representatives of Evonik.
The Russian feed market is currently suffering a strong deficit of amino acids, and in particular lysine. So far the country has to import almost all consuming lysine from the abroad.
Production will take place near in Volgodonsk city. As the raw material it will use is wheat from the Rostov Oblast, which the joint venture will process independently.
To comment, login here
Or register to be able to comment.