Companies

Kemin invests Rs 15-cr to double capacity

Our Bureau Chennai | Updated on March 19, 2011 Published on March 19, 2011

kemin   -  Business Line





Kemin Industries, a US-based food and feed supplements manufacturer, has doubled its production capacity of its India unit and widened product range.

The company has invested Rs 15 crore in the expanded facility inaugurated today at Gummidpoondi, north of Chennai.

Addressing mediapersons, Mr K.P. Philip, President and CEO, Kemin Industries South Asia Pvt Ltd, said the expansion takes the total output to over 25,000 tonnes a year of nutritional ingredients for food products and feed for the livestock industry.

The new unit will manufacture the KemTrace range of organic trace minerals for poultry, dairy and aquaculture industry, apart from adding blending capacity, research and quality assurance facilities. Manufacture of organic mineral supplements for use in food products is a new line. So far, Kemin supplied such supplements to the food processing industry through imports from its unit in the US.

Kemin Industries Inc, based in Des Moines, Iowa, a five-decade-old company with a turnover of about $378 million (Rs 1,700 crore), set up its Indian unit in 1998 at an investment of Rs 5 crore. The company has a global presence and caters to the broiler, layer birds, dairy and aquaculture industries in South Asia, he said.

Dr Christopher Nelson, President, Kemin, said the company has launched a five-year investment programme across the US, Belgium, Russia, India and China. The company manufactures and distributes over 500 specialty ingredients that impact over 1.3 billion people daily. The expansion programme will increase Kemin's reach to over 3 billion people.

Published on March 19, 2011
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