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Worldwide aquafeed market projected to reach $133.10 billion by 2020
2 days ago
The global market for aquafeed is expected to reach USD 133.1 billion by 2020, according to a new study. Increasing use of aquafeed in carp and crustacean farming is expected to boost market demand over the forecast period. The growing market for aquaculture, owing to the static natural production of fishes is expected to be another key driver for market growth over the next six years. In addition, the increasing focus on nutraceuticals such as omega 3 enriched products is also expected to have a positive impact on aquafeed applications.
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New Lipetsk hatchery by end of 2014, feed mill in 2015
3 days ago
There are plans to build a hatchery in the Lipetsk Oblast, equipped with incubators with capacity to grow 215 million units of eggs annually. The hatchery is expected to be finished by the end of this year. In addition, the region is planning to build 50 bird houses for the rearing of poultry and along with the construction of grain elevator and silos, designed for the storage of 220,000 tonnes of poultry feed. Next year a feed mill is to be constructed, along with poultry slaughterhouses, at a total investment of 5 .. Full Story »

P&G to sell pet food brands to Mars
2 weeks ago
Mars, Incorporated and The Procter & Gamble Company today announce that Mars has agreed to buy the IAMS, EUKANUBA, and NATURA brands in major markets for US$2.9 Billion in cash. This is a significant strategic move for Mars Petcare to complement its large and growing global Petcare business. The companies expect to complete the transaction in the second-half of 2014, subject to regulatory approvals. Mars Petcare is one of the world's leading pet food and veterinary care providers and employs more than 35,000 Associates acr.. Full Story »
Cargill completes $12 million upgrade of R&D centre
2 weeks ago
A recent expansion at Cargill's European Research and Development Centre in Vilvoorde, Belgium, will help drive food, beverage and feed product innovation for CPGs, foodservice operators and retailers worldwide. Cargill's European Research and Development Centre in Vilvoorde, Belgium adds 53,000 square feet of innovation space where 145 Cargill food scientists and technologists work with food and beverage manufacturers. The USD$12 million expansion features a new state-of-the-art pilot plant, adding 53,000 square feet of innova.. Full Story »
Kalmar Lantmän prepare to inaugurate new feed mill
2 weeks ago
Swedish agricultural co-op Kalmar Lantmän will inaugurate its new feed mill on April 11th. The feed mill, one's of Europe's most modern feed mills, will replace the two current feed mills the co-op has been operating. The feed mill will be inaugurated by HRH Prince Carl Philip, with Kalmar Lantmäns CEO Claes-Göran Nilsson making the inauguration speech. First announced by the co-op in 2009, construction on the feed mill finally commenced in February 2012. The decision to build a new feed mill was taken, after expected nec.. Full Story »
Finnish feed mill to use oat husk powered steam boiler
3 weeks ago
Hankkija Oy and Suomen Teollisuuden Energiapalvelut - STEP Oy have signed an agreement on energy production and construction of a new bio steam boiler plant at Hankkija Oy's feed plant in Seinäjoki. The new 2.5 MW steam boiler plant will produce the approximately 12,500 MWh of energy required by Hankkija from January 2015 onwards. As its fuel, the new steam boiler plant will utilise oat husk and grain dust left over from the Hankkija feed plant, as well as local biofuels consisting mostly of wood chips. Thus the new steam boiler pla.. Full Story »
Jambi Provincial Government to build floating fish feed factory
3 weeks ago
Jambi provincial government are to build a floating fish feed mill in the New Tangkit region, Muarojambi district. Jambi Governor, Hasan Basri Agus, explained that the floating fish feed plant is a step towards increasing the production of freshwater fish in Jambi, that have so far been held back by the lack of availability and high prices of fish feed. "We have allocated around Rp 3, 2 billion for the floating fish feed mill. The feed mill will be able to solve the problem of low expected profit margins of farmers wh.. Full Story »
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