Kemin Industries Acquires Unique Beta-Glucan Technology
DES MOINES, Iowa, March 28, 2017 /PRNewswire/ -- Kemin Industries, a global nutritional ingredient company that uses science to create solutions and products, has acquired unique beta-glucan manufacturing technology from Algal Scientific, a company headquartered in Plymouth, Michigan.
"The acquisition of this beta-glucan manufacturing technology, developed by Algal Scientific, will provide Kemin with capabilities and products needed to further expand our antibiotic alternative portfolio for animals, and offer important scientific advancements for humans and pets," said Dr. Chris Nelson, President and CEO of Kemin Industries. "We are focused on ways to rapidly impact our customers' business through strategic acquisitions of differentiating technology."
Headquartered in Plymouth, Michigan, Algal Scientific focuses on solutions for animal and human nutrition using a unique algae production system. This technology produces highly concentrated products to support gut health in both animals and humans. These products are available for sale in many regions globally, and Kemin will work to expand product registrations immediately.
"As a start-up, Algal Scientific invented this technology and extensively researched the science behind the differentiated beta-glucan," said John Tucker, CEO of Algal Scientific. "Kemin is uniquely suited to exploit this technology and offer advanced products to customers globally."
Kemin welcomes the technology inventors and nearly a dozen new employees with expertise in both production and research to the Kemin team. Kemin plans to continue researching these products to further expand application of the technology.
About Kemin Industries
Kemin (www.kemin.com) has been dedicated to using applied science to improve quality of life for over half a century. As a global company touching 3.4 billion people every day with its products, Kemin is committed to improving the quality, safety and efficacy of food, feed and health-related products to feed a growing population and be a resource for others in need.
Committed to feed and food safety, Kemin maintains top-of-the-line manufacturing facilities where over 500 specialty ingredients are made for humans and animals in the global feed and food industries, as well as the health, nutrition and beauty markets. The company provides product solutions and options to customers in more than 120 countries.
A privately held, family-owned and operated company, Kemin has more than 2,000 global employees and operates in 90 countries including manufacturing facilities in Belgium, Brazil, China, India, Italy, Singapore, South Africa and the United States.
Lauren M.G. Burt, Worldwide Communications Manager, firstname.lastname@example.org, + 1 (515) 559-5598
SOURCE Kemin Industries