The recently commissioned enzyme plant in Tuzla near Istanbul, Turkey provides state-of-the-art enzyme production capabilities. The Lallemand investment in Livzym, alongside equity raised from Turkish investors, will contribute to financing the expansion of the Tuzla plant to meet the growing demand for enzymes. As part of the strategic collaboration, Lallemand will market and distribute Livzym enzymes to customers worldwide and will involve cooperation around the development and production of the enzymes in Turkey. The strategic collaboration with Livzym and their fungal development and production platform perfectly complements our position within the enzymes sector. We are very excited about our strategic investment partnership with Lallemand, a leading global fermentation company, seeing it as a significant opportunity to advance sustainability and enzyme and alternative protein technologies through our precision fermentation capabilities.

Source: The North Africa Journal July 30, 2024 21:49 UTC