Upload
others
View
10
Download
0
Embed Size (px)
Citation preview
EPA+DHA Rich Algal Oil:
Closing the Gaps October 25, 2017
D. Christian Martin │ Global Category Manager, Aquaculture │ DSM Nutritional Products 1
2016 Sales*
€7.9 billion
2016 Global* presence
~21,000 employees worldwide
Sustainability leader
Top rankingDow Jones
Sustainability Index
• Excluding 2016 pro-forma and pro-rata (annualized) sales (€1,445m) & number
of employees (ultimo 2016) of non-consolidated Associates & Joint Ventures
(for sales this is mainly Patheon, DSM Sinochem Pharmaceuticals and
ChemicaInvest)
2016 Sales
€13.5 billion
2016 Global presence
~33,000 employees worldwide
Sustainability is a core element
of
“Power to create”
DSM at a Glance Evonik at a Glance
DSM and Evonik | EPA+DHA Rich Algal Oil - Closing the Gaps2
Three Key Mega Trends:Shaping the business environment for the aquaculture industry
Consumer preferences
are changing
2World population
is growing
1Resources are
become scarcer
3
• Consumers want full
traceability; digitization
amplifies this trend
• Consumers demand for
animal health and well-being
• Consumers demand healthy
food
• Increasing focus on
sustainability
• Impact of limiting aquaculture
industry growth
• EPA+DHA required for fish
growth and health
• Keep up with the
increasing demand.
• Trend to more piscivorous
diet
Implications for aquaculture
3DSM and Evonik | EPA+DHA Rich Algal Oil - Closing the Gaps
Development of global meat and fish supply
Source: FAO 2017Source: FAO 2015
Aquaculture Growth Continues: Fish is the most important animal protein source in human diets
4DSM and Evonik | EPA+DHA Rich Algal Oil - Closing the Gaps
Looming EPA+DHA Supply Gap: The traditional supply of omega-3 from fish oil will limit the growth of the aquaculture industry
5
Market supply demand for omega-3
Past Future
Vo
lum
e
Meeting the demand for omega-3 fatty acids
by utilizing new and sustainable sources of
EPA + DHA in the future.
1. Supply: Approximately 900k
tons per year
• Limited supply of fish oil as
source of omega-3 fatty acids
3. Supply-demand gap
• EPA+DHA supply gap will
emerge in the near future
2. Demand: Increasing
demand for EPA+DHA
• Aquaculture industry growth and
EPA+DHA biological requirement
• Consumer demand for omega-3’s
and healthy nutrition
DSM and Evonik | EPA+DHA Rich Algal Oil - Closing the Gaps
Emerging Value Gap:The omega-3 levels in farmed salmon halved during the last decade
6
If nothing was done the level
of the beneficial omega-3 can
only really go down.
Prof. Douglas Tocher
Stirling University
„
DSM and Evonik | EPA+DHA Rich Algal Oil - Closing the Gaps
Omega-3 Content is Important to Consumers:Salmon consumers care about the Omega-3 level in their salmon
7
• Omega-3 content is very
important to salmon
consumers, with 55 % of
responders saying it is
extremely or very important
• Omega-3 content is
confirmed as an important
attribute of salmon –
consumers care
21
3432
10
3
0
5
10
15
20
25
30
35
% of UK salmon consumers answering question
“How important is Omega-3 content in the final salmon product?”
Unimportant Extremely
important
Very
important
Somewhat
important
Not at all
important
Source: DSM-Evonik Salmon Consumer Studies. 2016
DSM and Evonik | EPA+DHA Rich Algal Oil - Closing the Gaps
Even More, EPA+DHA Benefits Human Health at All Life Stages
8DSM and Evonik | EPA+DHA Rich Algal Oil - Closing the Gaps
* Includes ongoing research; Disclaimer: Not for purposes of claims or EPA:DHA ratios
Closing the Gap: DSM and Evonik join forces
9
• Specialist for the cultivation of
marine organisms including algae
• Biotechnology capabilities in
development and operations
• Specialist in developing industrial
biotechnology processes
• Know-how in operating
competitively large scale
manufacturing sites for fermentative
amino acids.
planned
Joint Venture
Veramaris®
DSM and Evonik | EPA+DHA Rich Algal Oil - Closing the Gaps
Both Partners Plan to Establish a Joint Venture:Offer a future-proof source of omega-3 EPA + DHA
10
• DSM and Evonik to found a 50:50 joint venture to be named
Veramaris®, headquartered in The Netherlands
• The new production facility to be built at an existing site of Evonik in
Blair, Nebraska, USA and is expected to come on stream in 2019
• Joint venture’s capital expenditure in the facility will amount to around
US$ 200 million over the next 2 - 3 years
• Initial annual production capacity will meet roughly
15% of the total current annual demand for EPA and DHA
by the salmon aquaculture industry
• Our EPA+DHA rich algal oil is specifically developed for use in animal
nutrition - from aquaculture to pet food
• Broad IP protection in place for our strain, product and process
• Finalization of the joint venture is subject to regulatory approvals
and other customary closing conditions
DSM and Evonik | EPA+DHA Rich Algal Oil - Closing the Gaps
Closing the Gap: The ideal alternative EPA+DHA product for the future
11
Omega-3 innovation from
natural marine algae
Rich in both
EPA and DHA
for complete
nutrition
EPA and DHA content
greater than
50%
Free from contaminants
Non-GMO
Broad use in animal nutrition
from aquaculture to pet food
High purity
Liquid product
DSM and Evonik | EPA+DHA Rich Algal Oil - Closing the Gaps
Our EPA+DHA Rich Algal Oil Has an Unparalleled Value Proposition
12
Our algal oil Benefits from our algal oil
EPA + DHA ✓ Contains both EPA and DHA
Concentration (%) ≥ 50%Highest concentration
available on the market
Handling properties ✓ No feed process modification
Oxidation stability ✓ Stabilized by tocopherols
Absence of dioxins and PCBs ✓ Naturally pure
GMO status ✓ Non-GMO product
Supply security ✓ Reliable supply
Price volatility ✓ Low volatility
Flexibility in feed formulation ✓ High flexibility
DSM and Evonik | EPA+DHA Rich Algal Oil - Closing the Gaps
Waste-Free Production is Part of Our Holistic Sustainability Approach
13DSM and Evonik | EPA+DHA Rich Algal Oil - Closing the Gaps
Closing the Gap: Supporting the sustainability agenda of the aquaculture industry
14
3. WE DELIVER SUSAINABILITY
Our production of algal EPA + DHA utilizes
nature’s process for production of both EPA and
DHA – algae; and therefore does not contribute
to overfishing.
2. WE PROVIDE SUPPLY SECURITY.
The initial production capacity will meet roughly 15%
of the total annual demand for EPA and DHA by the
salmon aquaculture industry.
1. WE DELIVER HIGHEST QUALITY.
Our algal oil is a rich source of omega-3 with more
than 50 percent of EPA and DHA – the
two key fatty acids. It is produced from natural
marine algae and stabilized by tocopherols.
The production is transparent, raw materials
traceable.
4. WE PRODUCE WASTE-FREE.
Our algal oil is produced through fermentation
process using locally sourced sugar. The excess
biomass is used for beef cattle feed, or biogas for
electricity production, making the production
entirely waste-free.
DSM and Evonik | EPA+DHA Rich Algal Oil - Closing the Gaps
15
Natural food chain
Natural marine
algaeSalmonFishZooplankton
Animation
Fishing vessel
Current practice in aquaculture
Fish oil
72 – 86 %
14 – 28 %
DSM and Evonik breakthrough – shortening the natural food chain
DSM and Evonik
algal oil
The composition
of fish oil
DSM and Evonik | EPA+DHA Rich Algal Oil - Closing the Gaps
Our Natural Marine Algal Oil is a Sustainable Alternative Solution for EPA and DHA Supply
16
Thank you for your attention!
DSM and Evonik | EPA+DHA Rich Algal Oil - Closing the Gaps