Feed & Additive Magazine Issue 16 May 2022

NEWS 92 FEED & ADDITIVE MAGAZINE May 2022 Hendrix Genetics and Coraqua announced that they have signed a strategic partnership for Troutlodge egg production in Peru. The first domestically grown eggs will be available to Peruvian farmers by November 2024. Hendrix Genetics, Coraqua sign strategic partnership for Troutlodge egg production Hendrix Genetics and Coraqua signed a strategic partnership, securing access for Peruvian farmers to high health, high quality Troutlodge eggs. By growing elite Troutlodge stocks from egg to mature broodstock in Chichillapi, the eggs will be grown their entire life cycle in the unique conditions of the high Andean area. The first domestically grown eggs will be available to Peruvian farmers by November 2024. The strategy for domestic production in key markets has been accelerated by Hendrix Genetics in recent years. The high health and biosecure breedADM to expand alternative protein capacity with $300m investment ADM, a global leader in nutrition, announced that it will invest approximately $300 million to significantly expand its Decatur, Illinois, alternative protein production, as the company continues to add capacity to meet strong demand growth. ADM will further enhance its alternative protein capabilities by opening a new, state-of-the-art Protein Innovation Center, also in Decatur. The production increase represents a significant expansion of ADM’s alternative protein capabilities. The project – which is expected to be completed in the first quarter of 2025, subject to all applicable approvals and permits – will significantly strengthen ADM’s ability to meet growing global demand by increasing soy protein concentrate capacity and nearly doubling extrusion capacity at ADM’s Decatur complex. The project is only the latest to expand ADM’s global alternative protein production capacity. Last year, the company acquired Sojaprotein, a leading European provider of non-GMO human nutrition protein solutions. Between the two investments, ADM will increase its global alternative protein production capacity by more than 30%. The Protein Innovation Center will further expand ADM’s cutting edge Decatur-based innovation complex, joining the company’s Food Application Center and Animal Nutrition Technology Center and enhancing the company’s ability to work closely with customers to develop custom solutions to meet their needs. The new Decatur Innovation Center will bring together labs, test kitchens, and pilot-scale production capabilities to power new innovation, from novel and diversified ingredients, to more sustainable and efficient processing, to unique and differentiated texture, taste, appearance and nutrition solutions. ADM announced an investment of around $300 million to significantly expand its Decatur, Illinois alternative protein production to meet strong demand growth.

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