A share sale could raise between $600 and $1 billion depending on the market conditions.
Thai insect producer Flylab produces BSF insect meal with a 60-65% minimum of protein and plans to close the series A round in April.
Marubeni and Ÿnsect will contribute to “the establishment of a sustainable aquaculture industry and food supply chain in Japan.”
The additional capacity is primarily intended to accompany the growth of customers in Asia and continue to offer the highest product quality and security of supply.
The EUR 18.5-million facility with a capacity of 50,000 metric tonnes per year will cater to domestic and export markets.
The reduction in customs duty on key inputs for the domestic manufacturing of shrimp feed is aimed to promote exports.
The feed mill is part of the National Fisheries Program that plans to build aquafeed mills in strategic locations in the country.
The ministry will conduct a review on the anti-dumping and anti-subsidy measures imposed on DDGS imports.
The widespread adoption of a low-soy meal inclusion ratio in feed formulas in the country is expected to slow down and eventually decline through 2030 soybean imports.
Protenga welcomes the Yield Lab Asia Pacific to support expansion with 2nd generation smart insect farm production platform.
The fund will help scale up its pilot facility in northern Thailand to produce insect meal for the animal feed industry.
The Asian Development Bank and ABIS Exports India Private Limited will support the construction of a micro fish feed plant as well as the training of 6,000 locals in aquaculture and financial literacy.
The company has expanded its operations at its existing plant through an additional capacity of 175,000 metric tonnes (MT).
The company’s sustainability strategy is based on an integrated approach focusing on five dimensions.
The company partnered with the Singapore Food Agency to establish a center that will focus on developing hatchery technologies for tropical marine species and training farmers in the region.
The fish feed factory consists of two independent lines with a production capacity of 100,000 tons per year.
The feed mill is located on an area of five hectares in PIER Pasuruan, East Java, with an annual production capacity of 300,000 MT.
The group will establish a joint venture Canadian cargo handler IMGS Group to handle grains, oilseeds, feedstuffs, pulses and will sell goods domestically in Pakistan.
CP Group officials expressed interest in collaborating with the Philippines in aquaculture, as well as the development of the value chain.
This facility will be the first to supply De Heus’ vitamins and nutritional supplements in Vietnam, as well as in Asia.
