The company has appointed Investec to explore options to accelerate the growth of its Novacq feed ingredient, which has been shown to increase prawn biomass andis also entering into an agreement with Tasmanian salmon producer to conduct two salmon feed trials.
MiAlgae announced that it has received £500,000 from investors to expand its team and build a pilot plant for its technology at a whisky distillery. The company grows algae rich in omega-3 and other nutrients using co-products from the whisky distillation process. The microalgae produced can be used as a raw material for agricultural food products, with the company initially targeting the aquaculture industry.
Bayer completed the acquisition of Monsanto today following the receipt of all required approvals from regulatory authorities. Bayer is now the sole owner of Monsanto Company. According to the conditional approval from the United States Department of Justice (DOJ), the integration of Monsanto into Bayer can take place as soon the divestments to BASF have been completed. This integration process is expected to commence in approximately two months.