ANIMAL FEED

Loopworm has developed a novel biomanufacturing process that leverages silkworms as living factories for producing recombinant proteins.

This clarification marks a turning point for hemp stakeholders, who have long struggled against the blanket assumption that all hemp contains cannabinoids such as THC and CBD, which can have psychoactive or drug-like effects.

Under Kenyan tax law, raw materials imported for animal feed manufacturing are considered taxable supplies but are subject to a 0% VAT rate.

The plant is designed to manufacture nine feed formulations tailored to meet specific nutritional needs across different stages of bird development.

DSM-Firmenich confirmed in early 2024 that it intends to carve out the ANH division by the end of 2025.

The acquisition strengthens Alltech’s foothold in northern Europe’s aquaculture sector while ensuring Finland’s domestic fish feed supply is safeguarded.

With production now fully operational, the plant is expected to increase the company’s ability to deliver customized, safe, and sustainable nutrition solutions at scale.

The shipment follows a commercial agreement finalized during Export Exchange 2023 in Austin, Texas, and further reinforced during the 2024-25 Corn Quality Rollout held in Istanbul.

The decision for Agrifirm to divest from Hungary aligns with its broader strategy of focusing on markets with high growth potential.

The decision comes despite Cargill’s longstanding presence in Vietnam and a US$160 million investment that included the construction of 12 feed mills with a total annual capacity of 1.6 million metric tons.