The world’s first FeedKind® production facility will be located in Chongqing, China, following a digital signing ceremony held between Calysseo and its partners.
The news follows recent confirmation of the Calysseo 50/50 joint venture between Adisseo, a world leader in feed additives for animal nutrition, and Calysta, the world’s leading alternative protein producer. The new facility will produce 20,000 tonnes per annum in the first phase to provide exclusive supply for Asian markets. A later expansion to 100,000 tonnes is also planned.
The agreement, attended via video conference by delegates from all around the world, cements the location of the $80m USD facility in the Changshou National Economic and Technological Development Area (CETDA), which is already one of the world’s busiest biochemistry business hubs.
On the ceremony, Mr Zheng Xiangdong, Deputy Mayor of Chongqing, on behalf of Chongqing government and Changshou Region, extended his warm welcome and sincere gratitude to Bluestar Group, Adisseo and Calysta for choosing Changshou Region as the home of FeedKind production facility. He believes the project’s settlement in Changshou Region will contribute to the transformation and upgrade of natural gas chemical industry in Chongqing and Changshou Region and further reinforce China’s leading position in the biochemistry industry in the world. Zhao Shiqing, Party Secretary of Changshou District also expressed that Changshou District is committed to further deepen the reform of “regulation and service”, strive to create a market-oriented, law-based and internationalized business environment, and vigorously support the project implementation and future development and operation by relying on the established chemical giant enterprises with a mature industrial ecosystem.
The rapidly growing world population and the increased demand in Asia for animal protein offers great opportunities to the aquaculture sector, as well as the requirement to meet environmental objectives.
Through this strategic partnership, Adisseo is tackling one of the key challenges faced by the aquaculture industry – to provide high quality seafood without adding extra pressures to the environment.
FeedKind® is made using very little water and no agricultural land by fermenting natural gas, an abundant source of energy, to create a safe, nutritious, traceable and affordable protein.
Produced via natural fermentation, it is a safe, healthy, traceable and nutritious protein that is price competitive with existing sources of protein and produced to the highest quality standards.
This will also contribute to reduce pressure on wild fisheries and respond to the projected growth for aquaculture products.
Hao Zhigang, chairman of Bluestar Group and Adisseo, said: “I was delighted to join the investment signing ceremony, which marks another key step for the rollout of Adisseo business diversification strategy as well as its China development strategy. I would like to, on behalf of Adisseo and all our business partners, express our gratitude to Chongqing and Changshou governments, for all the support extended to the project.”
He continued: “Adisseo and Calysta, have very high expectation on the project. It is a major strategic investment for us. Being the controlling shareholder of Adisseo, we will continue to give our strongest support to Calysseo in building the first high-tech, safe and environmentally friendly manufacturing unit for FeedKind® in Chongqing. On the business front, Adisseo is already developing and marketing high-quality feed additives for aquaculture and now is moving into a new dimension with FeedKind®. Today’s announcement brings us another step closer to realizing our ambition and we are delighted by the ambition and support of our partners in this. We believe that project will be successfully completed and put into operation, and will rapidly realize its returns, bring real benefits to consumers and provide more innovation capabilities for the industry.”
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