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Cargill announces USD$30 million shrimp feed facility project in Ecuador
1 month ago
 

Driven by a historical shift in food production with farmed fish surpassing global beef production for the first time in modern history, Cargill today announced it has formed a joint venture with Naturisa to build a USD$30 million shrimp feed facility near Guayaquil. The transaction involves the construction of a new world-class shrimp feed mill that will produce 130,000 metric tons annually and employ 260 people when the facility is fully operational in 2017.

Cargill will own 75 percent and have managerial control of the day-to-day operation, while Naturisa will retain 25 percent in the joint venture. The investment creates a unique opportunity for Cargill to grow in aquaculture in Ecuador and opens the door to future investment opportunities for other commodities in the market. Through its Americas Marketing Group, Cargill ha

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VPGC announce USD$62m investment into turkey production and feed mill
1 month ago
 
Virginia Poultry Growers Cooperative have announced plans to invest nearly USD$62 million over the next three years on a new 80,000 square foot turkey processing plant in Hinton, Virginia. The cooperative also plans additional investment in its feed mill in Broadway, and its grain elevator in Linville, according to an announcement made by the Governor of Virginia, Terry McAuliffe. When completed, the new plant will increase the production at Virginia Poultry Growers Cooperative by more than 45 percent. "Today's ..
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CJ Vina Agri opens USD$20 million feed mill
1 month ago
 
South Korean company CJ Vina Agri, a leading feed producer in Vietnam, held the inauguration for its newest animal feed production factory. The feed mill it's fourth in the country opened is located at Dau Giay industrial park in Thong Nhat district. The event was attended by the Vice Chairman of Dong Nai provincial People’s Committee Nguyen Phu Cuong and Korean Consul General in HCM City Park Noh Wan. The factory was built on an area of over 83,000 sqm with a total investment of more than USD$20 million.
 
 
Aviagen completes $3 million feed mill expansion
1 month ago
 
Aviagen announced the completition of a USD$3 million to their Athens feed mill. In response to growing demand for Aviagen poultry breeding stock the company moved to increase the capacity of its Athens, Ala., feed mill by 66 percent to support the recent increased production and new farms. With its two lines operating at full production, the Athens facility can produce as much as 50 tons of poultry feed an hour. The Athens mill services more than 100 Aviagen breeding stock farms in Northern Alabama and Tennessee. As part o..
 
 
Sneha Group announces investment plans including 2 feed mills
2 months ago
 
Sneha Group, a Hyderabad based poultry business, has chalked out a major business expansion plan with an aim to establish manufacturing and processing infrastructure besides rolling out new products and strengthening the sales and distribution network in all its target markets. Included in the new investments will be 2 new feed mills expected to be commissioned next year. Varun Reddy, director at Sneha Group said, “The Group envisaged plans to set up two new feed plants, one at Rajamundry and the other at Gangawati in Karna..
 
 
QL Group's Bekasi feed mill begins operation
2 months ago
 
Malaysian-based QL Group's subsidiary in Indonesia, PT QL Agrofood, has put its new feedmill in Bekasi, West Java into operation. The plant has an installed capacity of 30,000 tonnes per month and is equipped with 10 silos with a total capacity of 36,000 tonnes to store corn. Technology for the feed plant was from Germany, with all feeds produced at the plant to be used for the company's internal needs. “In May we ran test production and field trials for the feed at our own farms. The results were satisfying,” sa..
 
 
Royal De Heus makes strategic entry into the Balkans
2 months ago
 
On 15 July this year, Royal De Heus signed the agreement for the acquisition of 100% of the shares of the Serbian company Proteinka. By means of this acquisition De Heus is making an entry into the Balkans that is focused on the future. This step is in line with De Heus' aim of further broadening its country portfolio and building up a position in a region where the animal husbandry sector is set a fast development over the years ahead. Proteinka and the Serbian market Proteinka, based in Sabac in the north-west of Serbia, pro..
 
 
 
 
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