AVT Natural Products and Kemin have renewed their existing critical global strategic partnership agreement for another 10 years, starting June 2018. The new agreement provides for AVT to supply the value-added Marigold product exclusively to Kemin. Currently, AVT Natural Products and Kemin Industries, SA, US, have a strategic partnership for the supply of Marigold Oleoresin to the latter and is governed by the Critical Global Strategic Partnership Agreement inked in November 2008 for the period up to 2020. Shares of AVT Natural Products closed at ₹35.40, a gain of 2.75 per cent, over the previous day’s close, on the NSE.
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