Adisseo and Calysta establish a joint venture to commercialize FeedKind®
The establishment of a 50/50 joint venture aims at building production facilities andaddressing the Asian market on an exclusive basis.
Adisseo and Calysta signed an agreement to establish a joint venture named Calysseo to develop FeedKind®, an innovative feed solution for aquaculture, and to provide exclusive supply for Asian markets.
The strategic partnership will also see the construction of the world’s first commercial FeedKind® production facility in China with the first phase expected to start operating in 2022, delivering 20,000 tons of FeedKind® protein per year. The second phase of the partnership will add a further 80,000 tons of capacity to the site, allowing for extended market penetration leading to further development to follow customer demand.
Jean-Marc Dublanc, CEO of Adisseo, said that “Adisseo is committed to strategic investments in new disruptive technologies. Our ambition is to become one of the leaders in sustainable feed ingredients and additives for aquaculture across the Asian markets. For this reason, we have been investing significantly to develop an aqua lab station in Singapore, fully dedicated to developing innovative and sustainable feed solutions for aquaculture. With this joint venture, we are investing further in a strategic collaboration, combining the agility of a start-up with Adisseo’s expertise to enable Adisseo to become a major contributor to food safety and sustainability in Asia via innovation.”
Thomas JG Huot, chief operating officer of Calysta, said that “Adisseo is one of the world’s leading feed additive companies and this exciting new partnership with Calysta marks a significant moment in the FeedKind story. Today’s announcement means we are now making the transition from a tremendously exciting idea to one that will deliver truly world-scale impact, making food supply chains more resilient, and making them far more sustainable in the process.”
Through this strategic partnership, Adisseo is tackling one of the key challenges faced by the aquaculture industry – to provide high quality seafood without adding extra pressures to the environment. FeedKind® is made using very little water and no agricultural land by fermenting natural gas, an abundant source of energy, to create a safe, nutritious, traceable and affordable protein. Produced via a natural fermentation, it is a safe, healthy, traceable and nutritional protein that is price competitive with existing sources of protein and produced to the highest quality standards.