August 10, 2023

CropEnergies to invest more than US$100 million for aquaculture animal feed production in UK and EU

Germany-based CropEnergies AG has unveiled an investment plan of more than EUR 100 million (~US$109.95 million; EUR 1 = US$1.10) for various initiatives under its subsidiary, Ensus UK Ltd,  with a significant portion of this investment dedicated to the production of high-protein animal feed tailored for the aquaculture and pet food sectors in the UK and European Union, Pet Food Processing reported.

This strategic investment undertaken by CropEnergies aims to bolster Ensus' overall profitability at its Wilton, UK facility, concurrently contributing to carbon emission reduction and enhancing the company's position within the dynamic UK ethanol and protein markets.

Significantly, the lion's share of the investment, approximately EUR 75 million (~US$82.47 million), will be channelled into the establishment of a novel unit within Ensus, devoted to the production of high-protein animal feed named EnPro.

Designed to cater to the aquaculture and pet nutrition domains, EnPro is anticipated to enrich Ensus' product offerings while aligning seamlessly with CropEnergies' commitment to a circular economy.

Stephan Meeder, chief executive officer and chief financial officer of CropEnergies, expressed the strategic significance of EnPro. He said that by transforming feed grain into high-quality protein feed with diverse applications, the company is expanding their product spectrum and simultaneously addressing the UK's protein deficiency.

Additionally, the investment will enable Ensus to enhance its operational reliability and environmental impact. This will encompass equipment upgrades and the implementation of mechanical vapour recompression technology, further contributing to the company's sustainability goals.

-      Pet Food Processing