In 2013, a gap between supply and demand for omega-3 threatened the growth of the aquaculture industry.
With fish oil from wild-caught fish as the only commercially available source of omega-3, the animal nutrition industry called for a sustainable and traceable source of omega-3.
DSM and Evonik realized they have complementary capabilities that together could solve the industry’s challenge.
DSM has expertise in cultivating marine organisms and biotechnology capabilities in development and operations, while Evonik’s focus for decades has been on industrial amino acid biotechnology executing large-volume fermentation processes.
We feel responsible to conserve and protect life in the world’s oceans and are obligated to realize the potential of our breakthrough innovation. We believe we can contribute to the growth of nutritious food within planetary boundaries and close the supply-demand gap for essential omega-3 fatty acids.
We strive to improve current practices in animal nutrition by collaborating and listening to the needs of all stakeholders along the value chain. We set new standards using science in harmony with nature, to support our partners to become leaders in sustainable food production.
We have developed a technology that provides essential omega-3 fatty acids EPA and DHA, produced on an industrial scale from natural marine algae. This innovation enables the growth of animal production to feed the world – responsibly.
After two years of extensive research and development, DSM and Evonik launched Veramaris in 2018 as an equal joint venture.
Veramaris offers a solution for the reliable supply of omega-3, produced from natural marine algae on an industrial scale.
Headquartered in Delft, the Netherlands, with a production facility in Nebraska, USA, Veramaris is supported by a $200 million investment from its parent companies DSM and Evonik. The Nebraska plant will have capacity to meet 15% of the global omega-3 fatty acid demand for salmon aquaculture.
“I am committed to leading people who share a responsibility to conserve the health of our planet and to create a better home for all.”
Karim Kurmaly, CEO
Chief Executive Officer of Veramaris
Karim has been with DSM for 16 years, most recently as Vice President Animal Nutrition & Health for the Asia Pacific and India region. He is a marine scientist who holds a PhD from the University of Wales.
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“I want to ensure that Veramaris is delivering on its promises; to our customers, suppliers, employees, owners and other stakeholders. Importantly, to be a sustainable business in a sustainable value chain.”
Alexander Hillman, CFO
Chief Financial Officer of Veramaris.
Alexander joined Veramaris in July 2020 having previously worked for Evonik for more than 20 years. Most recently, he was responsible for Strategy and Controlling of the Functional Solutions business line. He is an economist by training and held various positions in Strategy, Marketing and Controlling.
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What we stand for
We believe that marine biodiversity is essential to the health of our planet. And we share a responsibility to protect nature and help make an industry independent from its reliance on marine resources.
We strive to improve current practices in animal nutrition and deliver large-scale science-based solutions, which help set new standards for the sustainable growth of animal protein within planetary boundaries.
We recognize that it takes a concerted effort to solve a global challenge. We work with all stakeholders along the value chain to build alliances and partnerships that will transform the industry to become a leading steward of the oceans.
We are open and transparent. We share our knowledge to the benefit of mankind and our planet. At the same time we know we don’t hold all the solution nor do we know all the questions.
We maintain continuous dialogue with stakeholders along the value chain to build relationships on mutual trust and respect. We listen to the needs of feed producers, farmers, retailers, NGOs and consumers – and collaborate with all who share our vision. Do you?
Our contribution to the UN’s Sustainable Development Goals
The 2030 Agenda for Sustainable Development was adopted by UN member states in September 2015. It lays down 17 binding Sustainable Development Goals (SDGs) for creating a world where “consumption and production patterns and use of all natural resources ‒ from air to land, from rivers, lakes and aquifers to oceans and seas ‒ are sustainable.” Reaching these goals will be an ambitious endeavor.
At Veramaris, we’re accepting this challenge. Five of the UN SDGs are directly related to our business activities and serve as a guiding framework for our sustainability efforts.
Zero Hunger: Human population growth and globally rising living standards increase the demand for animal protein, including farmed fish. This places greater pressure on wild fish stocks and bycatch caught for the production of marine ingredients. Algal oil containing EPA and DHA can help to meet increased demand and close the supply-demand gap.
Good health and well-being: The inclusion of algal oil containing EPA and DHA ‒ essential omega-3 fatty acids ‒ in fish feed contributes to improving the wellbeing of people. Beneficial for brain, heart and eye health, omega-3 fatty acids are often lacking in the daily diet of consumers across the planet.
Responsible consumption and production: By including algal oil containing EPA and DHA in fish feed, we help to conserve wild fish stocks by reducing the need to overfish the oceans for this essential nutrient.
Life below water: Providing fish such as salmon with diets containing optimum levels of omega-3 helps satisfy their nutritional needs. Using algae to meet the demand for EPA and DHA has the potential to reduce the fish-in-fish-out (FIFO) ratio to zero. This decreases the need to catch wild fish stocks and protects marine populations and biodiversity.
Partnerships for the goals: With relationships based on trust and respect, Veramaris aims to engage with all stakeholders who are committed to conserving the natural resources of our planet.