August 23, 2011
Borregaard LignoTech expands in Middle East, India
A global specialist in high performance additives and ingredients for the animal feed industry, Borregaard LignoTech, is developing its business in the Middle East and India.
The company says it has set "ambitious growth targets" for its animal feed additives business and is currently seeking partners in these areas.
To penetrate the Middle East and Indian markets Borregaard LignoTech is actively seeking prospective partners, who will already have a local presence in these markets, with a large network of animal feed/feed additive customers, to represent and distribute its products.
The company''s product portfolio includes pellet binders and die lubricants, acidifiers and by-pass protein technology.
"Following recent success stories also in Asia, we now want to expand in the Middle East and India - growing markets where we have little presence today, and in which especially the poultry segment represents an interesting opportunity for our products," Tom Stylo, business manager for feed Europe and Asia, said.
Borregaard LignoTech is headquartered in Norway and currently employs 520 people and operates 11 production units globally and has local sales representation on all continents.
During the first half of this year the company set up a new global business area responsible for growing the animal feed additive business on all continents.
The company has recently expanded its feed additive staff in Europe, North and South America and is currently in the process of hiring new people in Asia.
In addition to the new recruits, in May Borregaard LignoTech also launched a new website, to support the growth plan for its feed additives.