Takeover bid?
OPINION: Canterbury milk processor Synlait is showing no sign of bouncing back from its financial doldrums.
While DSM recently received approval from the Environmental Protection Authority that Bovaer can be used as a feed additive, it’s registration still hasn’t been confirmed. At the same time Bovaer has been registered and sold by DSM in many countries including Australia.
The previous Government has come under criticism from farming leaders for the delay in approving Bovaer.
According to the EPA, DSM applied in 2021 to import or manufacture a substance (Bovaer) containing 10-25% of 3-nitrooxypropanol (3-NOP) – a chemical that is new to New Zealand.
DSM says 3-NOP can reduce methane emissions from ruminant animals, including cows, sheep and goats, by 30%.
