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Friday, April 17, 2020
Cooke Inc. resumes salmon feed processing at UK mill
Cooke Inc. has resumed production of salmon feed at its mill in Invergordon, Scotland, with the ability to produce for both seawater and freshwater production sites across three lines.
Thursday, April 9, 2020
Glencore Agriculture offers US$325 million for stake in Argentine soy crushing plant Renova
The commodities trader is looking to purchase the remaining minority stake in the soy crusher held currently by Vicentin, a bankrupt family-owned company, sources told Reuters.
Wednesday, April 8, 2020
Saudi's Almarai to invest US$73.33 million for poultry business
Saudi Arabian food company Almarai has announced on Tuesday a SAR275-million (US$73.33-million) expansion for its existing poultry processing facilities.
Wednesday, April 8, 2020
Kemin Industries announces US$1 million in bonuses for essential employees during COVID-19 pandemic
Kemin Industries, a global ingredient manufacturer, has launched a US$1 million bonus programme to express gratitude to its employees required to work on-site at Kemin facilities during the COVID-19 pandemic.
Sunday, April 5, 2020
Delacon survey reveals high-level of food consciousness in Brazilian millennials
Having performed surveys in different areas, global leader in phytogenics, Delacon, is highly interested in connecting with the millennial consumer to learn about their food beliefs. The insights of a recent survey in Brazil are worth to be ...
Thursday, April 2, 2020
COVID-19 could cost Bangladesh poultry industry US$188 million
Mashiur Rahman, Bangladesh Poultry Industries Central Council (BPICC) president said the industry's losses are due to a decrease in demand, lower production and falling prices because of COVID-19, reported Bdnews24.com.
Monday, March 30, 2020
SEAFDEC upgrades feed mill to boost aquaculture feed production
The feed mill of the Southeast Asian Fisheries Development Center (SEAFDEC) in Tigbauan, Iloilo received a PHP1.5-million upgrade to boost the production of low-cost and eco-friendly aquafeeds.
Thursday, March 26, 2020
Scottish fishing, seafood sector to get GBP5 million aid
To help businesses during the COVID-19 outbreak, Scotland's fishing and seafood industry will receive GBP5 million from their government.
Wednesday, March 25, 2020
Salmon Evolution raises US$23.5 million to build biggest land-based aquaculture facility
From the 258 million NOK (~US$23.5 million; 10 NOK = US$0.92) invested into the Norway-based company, 107 million NOK (~US$9.8 million) comes from existing shareholders while the remainder was from new investors such as Ronja Capital.
Friday, March 20, 2020
Mercer Landmark opens new mega feed mill
Mercer Landmark announced the opening of the new MPS Feed Mill in St. Henry, Ohio, which is capable of producing 5-6 semi loads of feed per hour.
Thursday, March 19, 2020
Brazil beef company JBS shareholders seek US$271 million in damages
Arbitration proceedings have begun against JBS over claims the company misled shareholders after its initial public offering (IPO) in Brazil in 2017, reported Reuters.
Wednesday, March 18, 2020
Impossible Foods raises US$500 million in investment
The plant-based meat company obtained US$500 million from its latest round of funding, led by Mirae Asset Global Investments from South Korea, reported Reuters.
Wednesday, March 18, 2020
8F Asset Management secures US$360 million for salmon farming
Private equity group 8F Asset Management closed on its US$359-million (EUR321 million) fund to support its Pure Salmon land-based projects in Poland, Japan, France and the US.
Friday, March 13, 2020
COVID-19 seen to wipe US$247 million off Australian seafood sector
The seafood prices in Australia are falling and fishers are pleading for help as major international markets shut down due to the spread of coronavirus.
Thursday, March 12, 2020
The Livekindly Co raises US$200 million investment for plant-based chicken
The company, rebranded from Foods United and backed by Swiss investment firm Blue Horizon, raised money from investors for the development of alternate chicken meat, reported Reuters.
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