DSM and Avril create of joint venture to develop plant-based protein
The partnership was formed to meet increased demand for protein.
Royal DSM, Delft, Netherlands, and the Avril Group, France's fourth-largest agro-industrial group, announced the launch of their joint venture, Olatein, to produce canola (rapeseed) proteins for the global food market. One year after announcing their intention to work together, DSM and Paris-based Avril said they finalized their partnership and will begin construction on a manufacturing facility in Dieppe, France.
Protein is a crucial part of a healthy diet. As the world’s population heads toward 10 billion by 2050, more protein will be needed than is currently produced, according to the companies. To help meet this growing demand, DSM and Avril formed Olatein. The partnership draws on the unique knowledge of each of the partners, including DSM’s patented process and technology for extracting high-quality protein from canola meal and Avril’s 35-year legacy in oilseed and protein crop production.