South Korea’s CJ CheilJedang Corp completed the purchase of a 90% stake in Brazilian soy protein maker Selecta, and promptly launched the new brand CJ Selecta. Selecta is a large producer of ingredients for the feed industry in Brazil and abroad. Selecta produces and distributes soy-derived ingredients for animal nutrition, and has a current soy processing capacity is 700,000 tonnes; with investments promised by CJ, it is expected to ramp up production by 50 percent.
Aller Aqua has stated that they will continue to “take risks” when it comes to developing emerging aquaculture markets. The firm has grown rapidly in recent years and in 2017 will open two new plants in Zambia and China to bring its total up to six – doubling its overall production capacity, to around 300,000 metric tons.
Recent soybean research discoveries may greatly expand the use of specialty soybeans in fish feeds. Schillinger Genetics have commercialized an Enhanced Nutrition soybean variety — Navita 3553 — targeted for fish and poultry rations. Analyses for Schillinger Genetics suggest the 3553 variety has higher crude protein, lower neutral detergent fiber, lower acid detergent fiber, higher methionine, higher lysine and higher histidine levels than conventional mid-Group 3 soybeans.