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Business

DSM Invests In More Fish Oil

by Melody M. Bomgardner
September 1, 2014 | A version of this story appeared in Volume 92, Issue 35
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Credit: Paul Asman & Jill Lenoble
Anchovies are a source of DSM’s fish oil.
Lots of anchovies.
Credit: Paul Asman & Jill Lenoble
Anchovies are a source of DSM’s fish oil.

DSM will grow its omega-3 fatty acid production footprint by investing $30 million to upgrade and expand its facilities in Mulgrave, Nova Scotia. The plant was formerly a site of Ocean Nutrition Canada, which DSM acquired in 2012. DSM says it will earn rebates from Nova Scotia Business, a local development organization, in return for new jobs the expansion will create.

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