NEWS 12 FEED & ADDITIVE MAGAZINE February 2024 Kemin Industries, a global ingredient manufacturer that strives to sustainably transform the quality of life every day for 80 percent of the world with its products and services, conducted extensive research that served as the basis for the U.S. Food and Drug Administration (FDA) Center for Veterinary Medicine's approval of the use of chromium propionate as a source of chromium in growing turkey diets. With this approval, chromium propionate is now approved for use in swine, broiler chickens, cattle, horses, and growing turkey diets. KemTRACE® Chromium from Kemin is the only FDA-reviewed source of chromium propionate on the market today and has been fed to millions of animals around the globe. According to the Kemin statement, KemTRACE Chromium is a highly bioavailable, organic source of chromium propionate that helps stabilize insulin receptors in animals, improving glucose utilization and reducing the negative impacts of stress. Every cell in the animal relies on glucose to fuel its function and growth, so maximizing cells' utilization of glucose may result in improved immune response and overall health and performance. "We are thrilled that the use of chromium propionate in animal diets continues to expand in the U.S. and beyond," said Kristi Krafka, Vice President of Regulatory Affairs and Quality Assurance, Kemin Animal Nutrition and Health – North America. "Kemin has spent decades advancing the nutrition and performance of livestock and poultry through novel feed ingredients and is now able to offer safe, effective KemTRACE Chromium to turkey producers, nutritionists, and veterinarians." Read more>> Kemin achieves FDA approval for chromium propionate Protix to construct new production plant in Poland The European Investment Bank (EIB) has committed to supporting Protix in the expansion of its sustainable protein production. The signing of the loan agreement marks a significant milestone, providing Protix, a producer of sustainable protein used for animal feed and pet food, with up to €37 million in additional funds for its international rollout. This agreement is in line with the InvestEU objective of a Sustainable Bioeconomy and Circular Economy and was made possible with the support of the InvestEU programme, which aims to trigger more than €372 billion in additional investment in the European Union over the period 2021-27. EIB Vice President Teresa Czerwińska said: “Supporting innovative solutions is one of the priorities of the European Investment Bank, and we are pleased to start collaborating with Protix. This financing is supported by the InvestEU programme and will enable the company to expand its activities and to apply its technologies, which contribute to the sustainable development of solutions within the bioeconomy sector.” Protix CFO Lynn De Proft said: “We are thrilled about this agreement with the EIB, not only for the opportunities it brings for further expansion but also as a resounding affirmation. This support reinforces the fact that our industry is not just here to stay but is poised for significant growth. Following our expansion to the United States and now our ability to do the same in Poland, we are excited to accelerate our mission to bring the food system back in balance with nature." Read more>>
RkJQdWJsaXNoZXIy MTUxNjkxNQ==