Kemin and Tyson Form Strategic Alliance to Produce Flavor-Enhancing Ingredients for Pet Foods

Alliance Part of Value-Added Strategy


DES MOINES, Iowa, Jan. 8, 2008 (PRIME NEWSWIRE) -- Kemin Industries, Inc. and Tyson Foods, Inc. (NYSE:TSN) have formed a strategic alliance to develop, manufacture, market and sell liquid and dry flavor-enhancers known as palatants, to the North American pet food market, the companies announced today.

The alliance, which took effect January 1, combines the expertise, experience and technology of the two companies to provide cost competitive, high quality pet food palatants from the sourcing of ingredients to the food bowl.

Both Kemin and Tyson will be involved in the research and development of the palatants. Tyson will manufacture the products from raw materials supplied by the company's chicken, beef and pork plants. The Kemin Palasurance technisales team will market the products under the Palasurance(tm) and Topnotes(r) brands to major pet food companies.

"This alliance is another milestone in our core strategy of revolutionizing the conversion of our meat and poultry by-products into higher margin products," said Dick Bond, president and CEO of Tyson Foods.

"Tyson has always led the industry in providing high quality ingredients to the pet food market," said Jeff Webster, senior vice president and general manager of Tyson's Renewable Products division. "By teaming up with Kemin, we're entering another value-added segment of the pet food production process."

"Kemin continues its firm commitment to delivering the highest quality products to our customers with this alliance," said Giuseppe Abrate, president of the Kemin pet food ingredients business. "Kemin's core competencies in palatability, freshness, and stability, along with our excellent customer service combined with Tyson's ingredient and palatability expertise, will bring to market products which deliver the best flavor, palatability, stability and aroma on the market."

The alliance will cover the United States, Canada and Mexico with an option to collaborate in other areas of the world in the future.

The alliance will provide the industry with a line of palatants that deliver consistent quality and stability, functional properties, flavor enhancing characteristics, palatability, aroma and specific label claims when applied on or in a pet food.

"Kemin has always adhered to the strictest quality control standards and verification throughout the manufacturing process of our palatants," said Chris Nelson, president of Kemin Industries. "Our alliance with Tyson will further ensure that our products are of the highest quality on the market."

Tyson Foods, Inc.

Tyson Foods, Inc., founded in 1935 with headquarters in Springdale, Arkansas, is the world's largest processor and marketer of chicken, beef, and pork. For more information, go to tyson.com

The Tyson Foods, Inc. logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=3224

Kemin Industries -- Molecular ingenuity with integrity.

Founded in 1961, Kemin Industries Inc. (www.kemin.com) provides health and nutritional solutions to the Agrifoods, Food Ingredients, Pet Food and Human Health and Pharmaceutical Industries. Kemin Industries operates in more than 60 countries with manufacturing facilities in Belgium, Brazil, China, India, Singapore, South Africa, Thailand and the United States.



            

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