Strategically located within the thriving Mekong delta region, the acquisition represents the regional integrated poultry operator’s diversification into aquafeed in Vietnam.
The establishment of a 50/50 joint venture aims at building production facilities andaddressing the Asian market on an exclusive basis.
The facility, that was donated by the UN Food and Agriculture Organization, has a production capacity of 500 kilograms per hour.
The company appointed new local staff to accelerate growth throughout the APAC region.
Eco Aquaculture Asia, a Thai RAS fish farm, succeed in testing a 100% marine fish-free feed in brown marbled and hybrid groupers replacing fish-based ingredients by BSF meal, among others.
The project will include feed protein processing, high-tech ecological aquaculture, plant-based clean energy production and more.
that Vietnam will strengthen controls on ethoxyquin in feed production for the fishery industry to ensure stability in seafood exports to the EU.
The new facility will lead the research into anti-microbial peptides, chitin and chitin derived products, and will work as the company’s global hub.
The partnership will promote technology and build capacity through South-South cooperation.
Experts feom the University of Stirling are working with senior industry, government and scientific officials from Bangladesh to minimize environmental and occupational health risks associated with the use of probiotics in shrimp farming.
With a production capacity of more than 200,000 metric tons per year, the new facility, located in Myaung, close to Yangon, responds to the growing demand for the company’s aquafeed.
The new facility joins a growing list of investments by ADM in Vietnam, marking its fifth plant dedicated to animal nutrition in the country, and reflecting the company’s commitment to being the go-to partner for livestock, aquaculture and companion-animal customers around the globe.
Tamil Nadu Dr J Jayalalithaa Fisheries University has established an aquafeed extrusion mill at Muttukadu, Tamil Nadu, to produce cost effective local feeds for tilapia and pangasius and State Referral Laboratory for Fish Feed Testing and Quality Certification.
Mavin Group, a joint venture between Vietnam and Australia, signed a MOU with Vietnamese Kien Giang Province for several investments.
The company closed a series A funding round from a consortium of investors led by Openspace Ventures and SEEDS Capital to establish a facility that can produce over 18,000 tons of insect-based feed ingredients and organic fertilizers every year.