Feed & Additive Magazine Issue 46 November 2024

NEWS 88 FEED & ADDITIVE MAGAZINE November 2024 US-based company Alltech released its annual Sustainability Report, which demonstrates the actions the company is taking to align its business with its purpose of Working Together for a Planet of Plenty®, reducing its environmental impact and advancing the United Nations’ Sustainable Development Goals. Alltech explains that it is committed to prioritizing the efficient and profitable production of nutritious food while helping producers worldwide implement solutions to their sustainability and productivity challenges. The Alltech Sustainability Report highlights how Working Together for a Planet of Plenty shapes Alltech’s business — and its future. “Everything we do is centered on helping us advance our purpose of Working Together for a Planet of Plenty,” says Tara McCarthy, Global Vice President for ESG at Alltech. “We have made great progress toward our ESG goals, but we know that there is always more work to be done. Alltech team members around the world have shown unwavering commitment to sustainable and ethical business practices. We continue to strive for ambitious ESG targets, find areas for improvement and innovation, and nurture a culture of sustainability.” Guided by its Planet of Plenty purpose, Alltech points out it is committed to: • Delivering measurable impact via nutritional technologies and services that maximize producer profitability, production efficiency and sustainability. • Connecting with global partners to solve high-impact issues and advance sustainable agricultural practices. • Advocating for the agri-food industry, sharing the sustainable power of science in agri-food via its Planet of Plenty website and through projects like the upcoming documentary World Without Cows. Read more>> Alltech releases 2023 Sustainability Report USA-based company Cal-Maine Foods, Inc. announced that on October 4, 2024, its Board of Directors approved $40 million in new capital projects to further expand the company’s cage-free production capabilities. The company reportedly plans to fund the projects through a combination of available cash on hand, sales of investment securities and operating cash flow. The projects will include the addition of five new cage-free layer houses across the company’s locations in Florida, Georgia, Utah and Texas, USA. According to the announcement, the company plans to start construction by the end of calendar 2024 and expects the projects to be completed with additional production capacity for approximately 1.0 million cage-free layer hens by late summer 2025. These additions will primarily replace recently retired caged facilities and add to the company’s cage-free capacity. Read more>> Cal-Maine Foods to invest $40 million to expand cage-free production capacity

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