DeGusay to establish Lysine joint venture in Russia

Evonik Industries of Germany has set up a joint venture with RusBiotech International and plans to build a plant for animal feeding in RussiaThe plant is scheduled to be built in Volgodonsk in 2014 at a cost of about $200 millionEvonik, based in Essen, Germany, has invested less in joint ventures, but said they would increase its shareThe project has the support of Rostov's regional managers and will build the plant thereEvonik and RusBiotech, who are also in talks about a possible takeover of A- Rusnano, Russia's state-owned nanotechnology company, in the joint ventureRusnano, Russia's state-owned nanotechnology company, has been increasing its partnership with Western companies, recently investing in a joint venture with The Us company Cleveland BioLabs and Pro Bono Bio in the UNITED Kingdom's recent win-creation of a joint venture with lysine reflects their intention to increase the market share of amino acidsNotably, the company recently announced a project to increase the capacity of the Lysine plant in B.A., Nebraska, and a $500 million project to build a new methionine plant in SingaporeEvonik Industries of Germany and RusBiotech International have set up a joint venture and plan to build a plant for animal feeding in RussiaThe plant is scheduled to be built in Volgodonsk in 2014 at a cost of about $200 millionEvonik, based in Essen, Germany, has invested less in joint ventures, but said they would increase its shareThe project has the support of Rostov's regional managers and will build the plant thereEvonik and RusBiotech, who are also in talks about a possible takeover of A- Rusnano, Russia's state-owned nanotechnology company, in the joint ventureRusnano, Russia's state-owned nanotechnology company, has been increasing its partnership with Western companies, recently investing in a joint venture with The Us company Cleveland BioLabs and Pro Bono Bio in the UNITED Kingdom's recent win-creation of a joint venture with lysine reflects their intention to increase the market share of amino acidsNotably, the company recently announced a project to increase the capacity of the Lysine plant in B.A., Nebraska, and a $500 million project to build a new methionine plant in Singapore(
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