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Market Updates

DSM Invests $30 Million in Omega-3 Production Facility

DSM will invest at least $30 million in new capital to upgrade and expand its facilities in Mulgrave, Nova Scotia, building upon its earlier investments in the nutritional lipids category through the acquisition of Ocean Nutrition Canada and Martek Biosciences Corporation, both major manufacturers of healthy omega-3 oils.

DSM’s combined investment in Ocean Nutrition Canada, Martek and the expansion of the Nova Scotia facility tops $1.3 billion—a clear declaration of confidence in the science and long-term market potential of long-chain omega-3 fatty acids in human health. The company stated that the omega-3 category offers significant growth opportunities across a broad range of market segments and applications.

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