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Nutreco eyes pangasius feed market

Nutreco, the parent company of the world's largest aquafeed producer, Skretting, plans to move into feed markets for a greater range of species and sees potential in pangasius
May 19, 2008

Nutreco eyes pangasius feed market

Nutreco, the parent company of the world's largest aquafeed producer, Skretting, plans to move into feed markets for a greater range of species and sees potential in pangasius.

"The big winner of the past five years has been a very cheap fish called pangasius, which is mainly produced in Vietnam, but also in the Netherlands," Nutreco Chief Executive, Wout Dekker, told Reuters in an interview.

Nutreco also wants to acquire firms to help it develop ingredients that boost the nutritional value of animal feed, making it less reliant on raw materials, the interview revealed.

"When there was an abundance of grains, U.S. farmers were buying grain and simply feeding it to their animals but now they are using a more European approach to feeding animals using more grain substitutes," Dekker said. "Over time we hope that with better knowledge about animal nutrition and animals' nutritional requirements we can also use the co-products from other industries such as the bio-energy industry or the food industry."

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