BASF transfers marketing and distribution rights of feed additive Formi to Addcon Nordic AS
Formi is solid potassium diformate synthesized from formic acid and is used in the pig farming industry. In recognition of its antimicrobial activity, Formi was authorized by the European Union in 2003 for use as an alternative to conventional in-feed antibiotics. Formi has already been manufactured for BASF at Addcon's Porsgrunn (Norway) production site since 2002, it has been marketed by BASF's Nutrition Ingredients business so far. Full responsibility for global marketing and distribution of Formi will transfer to Addcon during the first quarter of 2008.
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