UK – Associated British Foods (ABF), a British multinational food processing, plans to buy local dairy technology firm National Milk Records (NMR) in a deal worth £48m (US$59.6m) to boost AB Agri, its agri-food unit. In an announcement to the London Stock Exchange, Kingsmill bread and Patak’s sauces owner said “AB Agri actively looks to add new, complementary capabilities through…
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Agro-food Cevital Group opens a new cooking oil production plant in Béjaïa
ALGERIA – Cevital Food, a leading agro-industry company in Algeria has launched its cooking oil production plant in the wilaya of Béjaïa in a bid to help reduce the country’s oilseed and cooking oil import bill. In Algeria, cooking oil is the 4th most imported food product after cereals, dairy products, and sugar. The production of local industry covers less than 25%…
Read MoreEvonik launches Biolys®, a L-lysine- dense product for animal feeds
GERMANY – Evonik, one of the world leaders in specialty chemicals, unveiled that it will launch its new generation Biolys®, which provides a higher concentration of L-lysine, for animal feeds on June 1, 2023, Feed and Additives has reported. With a presence in more than 100 countries globally, Evonik said that the move is envisioned in keeping with the tradition…
Read MoreUSGC advocates for DDGS use by Mexican swine producer, former chair is appointed to MAIZALL board
MEXICO- The US Grains Council recently toured Mexico and convinced Keken, a mega Mexican swine producer, to restart the use of distillers’ dried grains with solubles (DDGS). The USGC held face-to-face meetings with leaders from Kekén, during which the Council addressed quality concerns that caused them to stop using DDGS half a decade ago. The USGC also put the fully-integrated…
Read MoreIFEEDER installs new board members to support the animal nutrition industry
USA- The Institute for Feed Education and Research (IFEEDER) installed a new batch of board leaders and trustees during its annual board of trustees meeting on 16th May, during which they also discussed broadening awareness of its resources and initiatives to support the animal food industry. During the business meeting, the trustees recognized Schuster for his leadership as board chairperson…
Read MoreEgypt’s poultry feed shortage drives corn import bill to US$1.5bn monthly
EGYPT – Egypt’s corn import bill has increased to US$1.5bn monthly in 2023, compared to US$700m monthly in the past two years owing to the development of the poultry industry according to Anwar Al-Abd, Vice President of the Egyptian Poultry Association (EPA). Maize consumption in Egypt is slightly low since the country is known to be the world’s leading wheat importer…
Read MoreCargill to build animal nutrition facility in Brazil, expands RegenConnect program to Europe
BRAZIL- Cargill Brazil is planning to spend US$20 million to build a mineral supplements production plant in the west-central state of Mato Grosso for cattle raised on pastures, according to a report by Reuters. According to the cited statement, construction of the facility is expected to begin this month with completion slated for the end of 2024. Mato Grosso is…
Read MoreCargill expands retail feed operations with new Washington facility
USA- Commodity trading giant Cargill is expanding its retail feed operations, constructing a production facility in Granger, Washington, US, focused on current and potential agricultural retail locations in the region. Cargill broke ground on the project, which is under its Animal Nutrition business, in early May this year, with an anticipated operating date of fall 2024. Cargill’s Animal Nutrition business…
Read MoreMorocco’s OCP Group completes acquisition of 50% stake in Spanish company GlobalFeed S.L
MOROCCO – Morocco’s OCP Group, a leading global phosphate-based plant, and animal nutrition solutions provider, has announced that it has finalized the acquisition of a 50% stake in GlobalFeed from Spanish fertilizer producer Fertinagro Biotech, All Africa has reported. According to company sources, OCP Group announced its plan to purchase a 50% stake in the Spanish company in September 2022,…
Read MoreAstral Foods warns of a massive dip in profits during half-year interim results
SOUTH AFRICA – Astral Foods, the largest integrated poultry producer in South Africa has hinted that it expects to report an 87% to 92% decrease in profits in its interim results, Engineering news reports. In a trading update, Astral said it now has reasonable certainty that both earnings per share (EPS) and headline earnings per share (HEPS) for the six…
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