Kaiseraugst (Switzerland), Maastricht (Netherlands), September 9, 2024
dsm-firmenich is pleased to announce that Bovaer®, its innovative methane-reducing feed additive, has received market approval for use with beef cattle in South Korea, making it the first product the country has approved for this purpose. This approval marks a significant step towards more sustainable agriculture in South Korea, allowing farmers to effectively and immediately reduce methane emissions, a potent greenhouse gas.
As a signatory of the Global Methane Pledge, South Korea is committed to a substantial reduction in methane emissions by 2030. The approval of Bovaer® aligns with South Korea's proactive approach, which includes a comprehensive framework to support farmers in transitioning to sustainable practices, and a recently launched low-methane feed program. With 3.6 million beef cattle, including the renowned Hanwoo breed, Bovaer® offers an effective solution that could greatly advance these national sustainability goals.
Research has shown that Bovaer® can greatly reduce methane emissions with just a quarter teaspoon of the additive per cow per day. This innovation not only supports South Korea’s environmental commitments but also enhances the sustainability of its beef production, benefiting the entire supply chain from farmers to consumers.
"We are excited to introduce the first product approved in South Korea to reduce methane emissions from cattle," said Mark van Nieuwland, Senior Vice President at dsm-firmenich. "We look forward to collaborating closely with the entire beef value chain—from farm to plate—to launch Bovaer® in support of South Korea's environmental ambitions. Together, we can make a substantial impact on global climate-change efforts."
This approval is part of dsm-firmenich’s global strategy to contribute to sustainable livestock farming, supporting the health of the planet, animals, and people. By reducing methane emissions, we are helping to create a more sustainable and resilient food system for future generations.
As innovators in nutrition, health, and beauty, dsm-firmenich reinvents, manufactures, and combines vital nutrients, flavors, and fragrances for the world’s growing population to thrive. With our comprehensive range of solutions, with natural and renewable ingredients and renowned science and technology capabilities, we work to create what is essential for life, desirable for consumers, and more sustainable for the planet. dsm-firmenich is a Swiss-Dutch company, listed on the Euronext Amsterdam, with operations in almost 60 countries and revenues of more than €12 billion. With a diverse, worldwide team of nearly 30,000 employees, we bring progress to life every day, everywhere, for billions of people.
www.dsm-firmenich.com
This press release may contain forward-looking statements with respect to dsm-firmenich’s future (financial) performance and position. Such statements are based on current expectations, estimates and projections of dsm-firmenich and information currently available to the company. dsm-firmenich cautions readers that such statements involve certain risks and uncertainties that are difficult to predict and therefore it should be understood that many factors can cause actual performance and position to differ materially from these statements. dsm-firmenich has no obligation to update the statements contained in this press release, unless required by law. The English language version of the press release is leading.
09 September 2024
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