STOCK TITAN

Oil-Dri Receives Brazilian Patent for Mineral-Based Feed Additive Formulation Used in Poultry and Swine Antibiotic-Free Production

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Oil-Dri Corporation of America (NYSE: ODC) announces that the Brazilian Patent Office has granted Patent No. 11 2015 007549 5 for a novel mineral-based formulation used in its animal health products, Varium and NeoPrime. These products aim to enhance intestinal health in swine and poultry without antibiotics, responding to Brazil's growing demand for antibiotic-free poultry production. With Brazil as a leading producer of poultry and pork, the patented formulation is positioned to support producers in maintaining animal health and productivity.

Positive
  • Patent issued for a novel mineral-based formulation enhances the value of Amlan's feed additives.
  • Products Varium and NeoPrime address the growing demand for antibiotic-free poultry and pork production in Brazil.
  • Strong market potential due to Brazil's status as a top global producer of poultry and pork.
  • Increasing traction of Varium among poultry integrators in Brazil.
Negative
  • None.

CHICAGO, Aug. 02, 2022 (GLOBE NEWSWIRE) -- Oil-Dri® Corporation of America (NYSE: ODC), a leading global manufacturer of sorbent minerals, announces today that the Brazilian Patent Office has issued Patent No. 11 2015 007549 5, titled “Clay Product and Uses Thereof,” with Oil-Dri as the inventor. The patent protects the novel, mineral-based formulation used in Amlan International’s existing natural feed additives, Varium® for poultry and NeoPrime® for swine, that provide swine and poultry producers with natural solutions to optimize intestinal health and add value to their operations. Varium and NeoPrime are sold and marketed in select international markets by Amlan, the animal health business of Oil-Dri.

Brazil is one of the top three global broiler producers and one of the largest exporters of poultry products with 13.8 million tons of chicken meat produced in 2020. Changing regulations from the countries that import Brazilian poultry meat have created a market pull for antibiotic-free (ABF) poultry production in Brazil. The challenge for ABF producers has been how to maintain bird health and productivity without using antibiotics. That’s where Varium comes in. Varium reduces the level of pathogenic challenge in the intestinal lumen, strengthens the intestinal barrier, and naturally encourages animal health.

“The global trend for antibiotic use is decreasing and many regions are now requiring countries that export follow the same rules as if the animals were produced in the countries receiving the meat,” said Heath Wessels, VP of Sales, The Americas for Amlan International. “Varium and NeoPrime offer producers a natural solution to support animal efficiency and productivity in an antibiotic-free operation. Poultry integrators in Brazil have experienced success incorporating Varium into their rations and the product is gaining traction in the market.”

Brazil is also among the top five global producers of pork accounting for 50% of Latin America’s total pork meat production. For pork producers looking to reduce their use of antibiotics, NeoPrime supports swine intestinal health and energizes enterocytes for better nutrient absorption — all of which can help counteract the fallback effects of piglet weaning on intestinal health and growth.

“NeoPrime helps weanling pigs as they start to consume diets more regularly and potentially start to have intestinal health challenges,” said Fernando Blini, Amlan Country Sales Manager, Brazil.

Company Information

Amlan is the animal health business of Oil-Dri Corporation of America, a leading global manufacturer and marketer of sorbent minerals. Oil-Dri leverages over 80 years of expertise in mineral science to selectively mine and process their unique mineral for consumer and business-to-business markets. Oil-Dri Corporation of America doing business as “Amlan International” is a publicly traded stock on the New York Stock Exchange (NYSE: ODC). Amlan International sells feed additives across the world. Product availability may vary by country; associated claims do not constitute medical claims and may differ based on government requirements.

Reagan Culbertson
Media Contact
press@amlan.com


FAQ

What is the recent patent issued to Oil-Dri Corporation of America?

Oil-Dri was granted Patent No. 11 2015 007549 5 for a novel mineral-based formulation used in its feed additives.

How do Varium and NeoPrime address antibiotic-free production in Brazil?

These products support intestinal health in animals, helping producers maintain productivity without antibiotics.

Why is the Brazilian market important for Oil-Dri's products?

Brazil is a leading global producer of poultry and pork, creating a strong demand for antibiotic-free solutions.

What are the benefits of Varium for poultry producers?

Varium reduces pathogenic challenges and strengthens intestinal health, crucial for antibiotic-free poultry production.

What role does NeoPrime play for swine producers?

NeoPrime supports intestinal health and nutrient absorption, helping mitigate weaning challenges in pigs.

Oil-Dri Corporation of America

NYSE:ODC

ODC Rankings

ODC Latest News

ODC Stock Data

656.32M
4.91M
4.37%
69.06%
1.14%
Specialty Chemicals
Miscellaneous Manufacturing Industries
Link
United States of America
CHICAGO