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Feed and livestock sectors see increase in foreign investment
2 months ago
In early August 2014, the Philippines' Pilmico International Pte Ltd signed the papers on the purchase of 70 per cent of the local firm Vinh Hoan 1 Feed JSC, under Vinh Hoan Corp, one of Vietnam's leading aquatic product exporters. The remaining 30 per cent is to be purchased by Pilmico over the next five years at an agreed price. The transaction value totalled $28 million.
In June, an agreement on the deal was inked, which was aimed at empowering Pilmico to expand its core feeds business into the Vietnamese market.
Earlier t.. Full Story »
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Mapping World Animal Feeding Systems in the Dairy Sector report launched
2 months ago
A ground-breaking report mapping World Animal Feeding Systems in the Dairy Sector was launched by the Food and Agriculture Organization of the United Nations (FAO), the International Dairy Federation (IDF) and the IFCN Dairy Research Network (IFCN) with support from the International Feed Industry Federation (IFIF). Gathering information from over 65 countries across 6 continents and a number of production systems, the report presents for the first time such a large set of data on dairy animal feeding systems. Animal feeding is the .. Full Story »

Insta-Pro unveils new medium shear extruder
2 months ago
Insta-Pro International (Insta-Pro) unveiled their new medium shear extruder, which finally answers the market's demand for a low cost extrusion solution that effectively produces pet and fish feeds of high quality equal to that of higher cost extrusion systems. This new medium shear extruder features the ability to use variety of ingredients at capacities up to two times more than high shear extruders which provides pellets as small as 2mm. What this means for users of the new medium shear extruder is: Increased capacity .. Full Story »
Zheng Chang strengthens its presence in Latin America
2 months ago
Chinese President Xi Jinping attended the "6th BRICS summit", in the capital Brasilia. Holding talks with Brazilian President Dilma Vana Rousseff, the two heads of state planned future development and increase cooperation between the 2 states. Zhengchang Group chairman, Hao Bo Jiang, waqs one of a select group to be invited to attend the annual meeting. The invited companies totalling a 130 people, comprised mostly of large state enterprises, inclusing China Minmetals Group, China's Huawei Technologies Co., Ltd., State Grid.. Full Story »
Andritz releases h1 2014 results
2 months ago
ANDRITZ h1 2014 financial report showed the companys feed division performing well. Investment activity for solid/liquid separation equipment (which its feed machinery is included in) saw varied development in the industries served by ANDRITZ during the second quarter of 2014. In the animal feed industry, project activity for the company was good, both for mill expansion projects and greenfield plants, with strong activity in Latin America and Europe. The special feed area, which includes the production of aquafeeds.. Full Story »
NCI celebrate feed centre upgrade with open house
2 months ago
Northern Crops Institute is scheduled to host an open house on Wednesday, Aug. 20, to celebrate the completion of a major equipment upgrade at the institute's Feed Production centre. The upgrade includes the installation of a new mixer, a new automation system, and the facility's first micro-ingredient system. More than 75 percent of the $800,000 project costs came from commodity groups and private industry donations, according to Mark Weber, director of the Northern Crops Institute. Funding for the upgrade was a collaborative effo.. Full Story »
Cargill earnings decline, 4Q earning down 12%
2 months ago
Cargill today reported net earnings of USD$424 million in the fiscal 2014 fourth quarter ended May 31, down 12% from USD$483 million in the year-ago period. Fourth-quarter revenues rose 2% to USD$36.2 billion. For the full fiscal year Cargill earned USD$1.87 billion, a 19% decrease from USD$2.31 billion in the prior year. Revenues declined 1% to USD$134.9 billion. Cash flow from operations totaled USD$3.77 billion, down 12% from USD$4.27 billion in fiscal 2013. "Cargill plays an important role in helping to feed a growin.. Full Story »
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