BASF and Cargill (Provimi) extend partnership to provide distinctive value for animal feed customers in South Korea

BASF and Cargill (Provimi) extend partnership to provide distinctive value for animal feed customers in South Korea

(IN BRIEF) BASF and Cargill (Provimi) have expanded their partnership to include South Korea in their feed enzyme development and distribution agreement. The two companies aim to bring innovative enzyme-based solutions to the market for animal feed customers, combining BASF’s enzyme research and development strengths with Cargill’s application and broad market reach. South Korea is the first market to launch Enzae® Manno, a preparation of mannanase produced by BASF’s new production strain, Thermothelomyces thermophilus. The partnership will focus on developing new enzyme technologies and applications to support animal wellbeing, farmer sustainability, and productivity efforts.

(PRESS RELEASE) SEOUL/ BANGKOK, 6-Mar-2023 — /EuropaWire/ — BASF (ETR: BAS), the world’s largest chemical producer, and Cargill (Provimi) are excited to announce the expansion of their partnership to South Korea, the first Asian nation to join their existing feed enzymes development and distribution agreement. The companies are committed to delivering innovative enzyme-based solutions to animal feed customers, generating distinctive value for the industry.

The expanded partnership combines BASF’s enzyme research and development strengths with Cargill’s market reach and application know-how, allowing for the formation of a joint innovation pipeline for animal protein producers. The companies aim to bring the voice and commercial insights of South Korean protein producers to craft the next generation of enzymes jointly.

South Korea is the first market to launch Enzae® Manno, made with Natupulse® TS, a preparation of mannanase, produced by BASF’s new production strain Thermothelomyces thermophilus. With the expanded geographical reach, the partners aim to deliver even more solutions that address productivity, sustainability, and cost challenges for South Korean customers.

In 2021, BASF and Cargill (Provimi) expanded their relationship beyond pure distribution agreements into the joint development of new enzyme technologies and applications. This extended partnership builds upon the successful go-to-market collaboration between the companies across Argentina, Brazil, Mexico, Portugal, Spain, the Middle East and Africa, and the United States. As part of the partnership, they will co-develop, produce, market, and sell customer-centric enzyme products and solutions.

BASF and Cargill (Provimi) are committed to bringing scientific excellence and animal nutrition expertise to drive customer success.

“We are honored to be the first country in our region to join the alliance with BASF and to be the first in the world to launch Enzae Manno,” said Bill So-Woong Kim, the North Asia commercial director for Cargill (Provimi) premix & nutrition business. “The collaboration will provide more of our customers with access to high-performance enzyme solutions that we have seen reduce nutrient waste, improve feed efficiency, and sustainably promote animal performance.”

“The expansion of our collaboration to South Korea is a true milestone as we add the first market on the Asian continent to our enzymes partnership. We are proud to be on this journey with Cargill to further increase value for animal feed customers globally with our science-based solutions ” adds Gisele Santos Bin, Global Sales Director Feed Enzymes & Feed Performance Ingredients at BASF.

About BASF

At BASF, we create chemistry for a sustainable future. We combine economic success with environmental protection and social responsibility. More than 111,000 employees in the BASF Group contribute to the success of our customers in nearly all sectors and almost every country in the world. Our portfolio comprises six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care and Agricultural Solutions. BASF generated sales of €87.3 billion in 2022. BASF shares are traded on the stock exchange in Frankfurt (BAS) and as American Depositary Receipts (BASFY) in the United States. Further information at www.basf.com.

About Cargill

Cargill helps the world’s food system work for you. We connect farmers with markets, customers with ingredients and families with daily essentials – from the foods they eat to the floors they walk on. Our 155,000 team members around the world innovate with purpose, empowering our partners and communities as we work to nourish the world in a safe, responsible, sustainable way.

From feed that reduces methane emissions to waste-based renewable fuels, the possibilities are boundless. But our values remain the same. We put people first. We reach higher. We do the right thing. It’s how we’ve met the needs of the people we call neighbors and the planet we call home for 157 years – and how we’ll do so for generations to come. For more information, visit Cargill.com and our News Center

FOR MORE INFORMATION:

BASF – Sandra Dierkes
Email: sandra.dierkes@basf.com
Website: www.animal-nutrition.basf.com

Cargill – Michael Miao

Email: media@cargill.com
Website: www.cargill.com/animal-nutrition

SOURCE: BASF SE