Oceans Omega, DSM Announce Supply Agreement

PARAMUS, N.J.Oceans Omega LLC entered a supply agreement DSM Nutritional Products for production of Oceans Omegas OTEC^TM emulsion ingredients. Oceans Omega is leading supplier of docosahexaenoic acid (DHA) and eicosapentaenoic acid (EPA) for use in dietary supplements and functional beverages.

Volker Berl, Ph.D., chief technology officer of Oceans Omega said, We are delighted to have DSM Nutritional Products produce our OTEC emulsion ingredients. This enables us to further scale our volumes, while strengthening our supply chain and leveraging DSMs world-class lifesDHA^TM and Meg-3^TM oils in our emulsion products."

DSM said Oceans Omega's stabilization technology will solve some application challenges associated with omega-3s. The company, which is one of the largest omega-3 fatty acid suppliers in the world, increased its price for fish-based omega-3 products by at least 15 percent in February.