In recent months, the avian influenza pandemic has resulted in the loss of tens of millions of birds worldwide.
The proposed site will allow MiAlgae to expand its unique process of repurposing whisky industry byproducts to grow microalgae.
This facility, the smallest of ADM’s U.S. soy processing plants becomes the first to close amid a recent contraction in the biofuels sector.
The development comes amid a resurgence in trade tensions between the two largest economies, sparking fresh concerns among U.S. agricultural exporters.
With the new plant now operational, ADM aims to supply half of Mexico’s wet pet food demand by the end of 2025.
Their partnership is aims at helping startups and established companies bring novel feed additives and formulations to market.
The steep decline is attributed primarily to feed manufacturers turning toward more cost-effective and readily available plant-based alternatives.
This acquisition aligns with LDC’s strategic expansion in Argentina, following the purchase of a warehouse in Gobernador Mansilla in 2024.
Under the new ownership, all existing jobs tied to these farms will be retained, ensuring a seamless transition for employees and the continuation of day-to-day operations.
Produced through precision fermentation using a proprietary, non-GMO microbial strain, Safchondro is designed to provide consistent quality, enhanced safety, and superior efficacy.