Bluestar Adisseo Company (“Adisseo”) announces the signature of an agreement to acquire FRAmelco Group, a Dutch feed additive company (meaning FRAnklin Group BV and its wholly owned subsidiaries – hereafter “FRAmelco”).
This transaction is part of Adisseo’s strategy to boost Specialties growth to become one of the worldwide leaders of specialty feed ingredients in animal nutrition.
This acquisition will reinforce Adisseo’s position in the promising Health by Nutrition market segment.
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This follows recent confirmation of the Calysseo 50/50 joint venture between Adisseo and Calysta, the world’s leading alternative protein producer.
Pierre Casamatta (Adisseo Sr Project Director Alternative Proteins) and Thomas Huot (Calysta), the two Executive directors of Calysseo, have signed an investment protocol with the directors of the CETDA industrial park in Changshou.
Dc Hao Zhigang, chairman of Bluestar Group and Adisseo, said he 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.
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.
FeedKind® is produced via natural fermentation of natural gas, an abundant source of energy to create a safe, nutritious, traceable and affordable protein. It is made using very little water and no agricultural land.
Through this new business, Adisseo is tackling one of the key challenges faced by the aquaculture industry – to provide high quality seafood to the rapidly growing world population and the increased demand in Asia, without adding extra pressures to the environment.
The FeedKind® production facility, expected to begin operating in 2022, 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 on several phases.
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Due to Covid-19 pandemic, many students lose the opportunity for healthy meals when the schools shut down. By partnering with GENYOUth, Adisseo NA is able to help those students and families in need while raising demand for farmed goods that otherwise are going to waste like cow’s milk.
GENYOUth, is a nonprofit organization dedicated to creating healthier school communities. Adisseo decided to sponsor 10 schools across the country in order to provide relief to students who may not have access to hot meals outside of school. Each school, based in Wisconsin, New York, California, Georgia, and Illinois – will receive $3000 grants to provide hunger relief to at-risk students.
GENYOUth created their COVID-19 Emergency School Nutrition Fund to help feed US nation’s kids during this unprecedented global pandemic.
Through partnerships across the public and private sectors and the support of civic-minded corporations like Adisseo, GENYOUth’s response to the Coronavirus has been focused on the 30 million American children who rely on school meals (including milk, whole grain, fruits, vegetables and protein) for their daily nourishment, and now millions more due to COVID-19.
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In response to the rapidly developing Covid-19 epidemic, governments around the world are strengthening preventive and precautionary measures to limit the spread of the virus and protect populations.
Having fully assessed the situation from the very beginning of the epidemic, we decided and implemented all necessary measures to ensure the safety and wellbeing of our employees and subcontractors as well as the continuity of our operations.
These measures are adapted according to the spread of the pandemic and the recommendations of the WHO and the Authorities of each country in which Adisseo is present.
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Adisseo has endowed a professorship and funded three poultry science research projects for the University of Arkansas System Division of Agriculture.
Michael Kidd, professor of poultry nutrition, was named to the Adisseo Endowed Professorship in Global Sustainable Poultry Nutrition. The endowed position is a research professorship in the Arkansas Agricultural Experiment Station, the Division of Agriculture’s research arm.
The company also provided grants to fund three research projects in the Division of Agriculture’s Center of Excellence for Poultry Science.
Adisseo, an expert in animal sciences, and Novozymes, a leader in biological solutions, today revealed at a press conference in Paris that as a first for the industry they have been able to demonstrate and visualize in detail the germination of their Alterion® technology. During the gathering, the partnership presented novel data and innovative techniques to scientifically prove that their probiotic is an effective and consistent solution for poultry.
For more information, a Press Release is available
Adisseo has signed an agreement with Calysta Inc. (USA) – the world’s leading alternative protein innovator – to establish a 50/50 joint-venture (JV) named Calysseo to develop FeedKind®, an innovative feed solution for aquaculture. The JV will be based in Hong Kong to develop this opportunity for the long run and will enjoy manufacturing & marketing exclusivity for Asian markets.
The deal will also see the construction in China of the world’s first commercial FeedKind production facility, expected to start operating in 2022, delivering 20,000 tons of FeedKind protein per year. A second phase will follow to bring an additional 80,000 tons of capacity.
This strategic investment in new disruptive technologies nourishes our ambition to develop a major business, supplying sustainable feed ingredients and additives for aquaculture across the Asian markets which represent USD28 billion and 70% of world market. Protein alone represents a potential market of USD8 billion in Asia and growing by 5-6% every year.
we have also been investing significantly to develop an R&D aquaculture station in Singapore, which opening has been celebrated last December. It will be fully dedicated to developing innovative and sustainable feed solutions for aquaculture to seize further opportunities in this market.
The innovative technology of FeedKind® will also provide additional opportunities for Adisseo to tackle the dual challenge of meeting the world’s need for healthier, safer, affordable and sustainable food for tomorrow while at the same time contributing to protect planet’s resources.