Researchers at the University of Borås are developing methods to grow fungi on materials that would otherwise have become waste. The goal of the project Ways2Taste is to produce climate-smart materials, including a new source of protein. "It will be a climate-smart protein that can look like, for example, ground beef. But we will also work on producing pigments, bioplastics, animal feed and ethanol."
The American Feed Industry Association is urging Congress to approve the new U.S.-Mexico-Canada trade Agreement (USMCA) for the betterment of the U.S. animal food industry. "I encourage our country’s leaders to demonstrate to the world that the U.S. has entered a new era of trade agreements - one that is built on groundbreaking provisions, which increase transparency between the United States and its trading partners while rewarding science and innovation that continues to help today’s industries meet the needs of tomorrow’s consumers.”
The INSFEED project is cataloging insects in sub-Saharan Africa with a goal of using them for animal feed. The project is developing an open-access inventory of insects detailing specific nutritional qualities of commonly-found and easily-reared insects. “So far, an Africa-based list of 500 species of insects have been identified as a starting point and this will help us focus on the species with the most potential for use in poultry and fish feed.” A main goal of the project is to reduce the need for fodder plants and their associated fertilizers, thereby mitigating climate change.
Benchmark Holdings announced that it has successfully prosecuted patent infringement in Thailand. The IP&IT court in Thailand ruled that Marine-Tech International (MTI) infringed two of Benchmark's patents related to artemia and hatching enrichment, and the company must cease using the patented technology. The court also awarded damages to Benchmark, which may be subject to appeal. "We are pleased the IP&IT court in Bangkok has ruled in our favor, vindicating the intellectual property which underpins the value of our innovative solutions and future product pipeline. Robust intellectual property protection will continue to be a core strategic area of focus for the group."
During an event held between Vietnamese and Norwegian fishery firms, experts advised that the fisheries sector in Việt Nam should use more seafood by-products such as bones, heads and skin to add value to the industry. Trần Đình Luân, deputy general director of the Directorate of Fisheries, said that the country’s high-quality seafood was exported to many countries, but that Marine Rest Raw Materials could be used to make other products such as animal feeds, thus yielding more profits and reducing the need for discharge of waste.
The Bandung-based startup eFishery has garnered US$4 million in funding from global investors to support further growth of its automated feeding device. “Ultimately, with this new round of investment, we want to further scale […] to be a platform that connects the entire ecosystem in fish and shrimp farming, creating a more accountable and profitable industry across the region."
Marine Harvest has launched the global brand MOWI, and announced that the company name will be changed to Mowi. “I am really excited that we are now taking the company to the next level. Through implementing our MOWI branding strategy, we can communicate our integrated value-chain from feed to the consumer’s plate. We are looking forward to announcing our new MOWI product line in the coming months."
BioMar Group has raised its EBIT guidance for 2018 after delivering a strong Q3, nearly outperforming the accumulated results of Q1 and Q2. All markets except Norway have shown performance above expectations. "We have taken several measures improving our long-term financial performance, striving to increase efficiency while at the same time leveraging on our core strength being locally agile with a strong focus on innovation and collaboration. I believe that we in a short time will see our performance in Norway back on track.”
The World Aquaculture Society (WAS) has officially launched its African Chapter, and announced that Aller Aqua will support the Chapter of as a Founding Gold Sponsor. As part of its sponsorship, Aller Aqua will contribute to the activities of the Chapter and Society, and specifically to the development of its World Aquaculture activities in the African region for a period of 3 years. “I truly believe that the African chapter will make a positive difference for increased knowledge and research in aquaculture in Africa."
Global investment firm Permira and Grobest have announced that a new joint venture company backed by Permira funds will acquire 50% of the shares of Grobest, and will become the sole corporate shareholder of Grobest after closing. The investment in Grobest is the result of Permira’s continued thematic focus on the food value chain and specifically on aquaculture. “We are very pleased to partner with the pioneering team at Grobest, a real R&D leader in advanced aquatic functional feed and health products in Asia, and work closely with them to unlock the company’s full potential on the global journey ahead."
According to an interim company report, Raisio is feeling the impacts of the Russian ban on fish feed imports. The company reported reduced earnings before interest and tax (EBIT) for Q3, when compared with the previous period. The Division’s EBIT decreased by EUR 1.8 million, and net sales decreased by EUR 7.6 million from the comparison period. Industry is actively working to lift the Russian import ban but for the moment, the reopening of the Russian border is uncertain.