# Evonik and DSM select Blair, Nebraska, as manufacturing site for innovative, new omega-3 fatty acids production - Veramaris

> Evonik and DSM have selected Blair, Nebraska, for a commercial omega-3 plant, with about $200 million to be invested and start-up expected in 2019. The plant will produce algae-based EPA and DHA for animal nutrition without using wild-caught fish oil. The Veramaris joint venture is subject to regulatory approval.

- Date: 2017-06-15 · published 2017-06-15T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/70850-evonik-and-dsm-select-blair-nebraska-as-manufacturing-site-for-innovative-new
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

Algae omega-3 could reduce the salmon industry's reliance on fish oil, which slightly lowers long-run demand for fishmeal. The price effect is small and distant.

## Read by commodity

- FISHMEAL: bearish ▼

## Sources

- veramaris.com: https://www.veramaris.com/media-resources-detail/evonik-and-dsm-select-blair-nebraska-as-manufacturing-site-for-innovative-new-omega-3-fatty-acids-production

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.