NEWS 90 FEED & ADDITIVE MAGAZINE November 2024 Idealist Capital, Sanimax and Fondaction announced their $58 million strategic investment in Entosystem, one of the key players in the production of insect proteins and organic fertilizers for agriculture and animal nutrition. This decisive investment aims to accelerate Entosystem’s growth by increasing existing production capacity and constructing a second commercial plant. Using its cutting-edge technology, Entosystem reportedly diverts tonnes of organic materials from landfills and transforms them into high-quality ingredients, reducing the environmental footprint of food production. “This agreement is the result of a rich collaboration with strategic business partners and, above all, the dedication of an outstanding team without whom Entosystem would not have been able to position itself so quickly as a world leader in its sector. We have all the keys in hand to achieve our ambitions and grow,” says Cédric Provost, President and Co-Founder, Entosystem. The Drummondville carbon-negative plant can process 90,000 tonnes of organic matter each year into 5,000 tonnes of high-quality protein meal, as well as 15,000 tonnes of fertilizer approved for organic farming. According to an independent study, this innovative project reduces GHG emissions by 85% compared to the current scenario and generates carbon credits. According to the hierarchy of solutions to prevent food loss and waste, Entosystem’s solution is preferred as it enables the reintroduction of organic matter into the food chain through an ecological process. Read more>> One of the leading innovators in health, nutrition, and beauty, dsm-firmenich announced a strategic partnership with Charoen Pokphand Foods (CPF) Philippines Corporation, an agro-industrial and food conglomerate. The two organisations have signed a Memorandum of Understanding (MOU) to implement dsm-firmenich’s Sustell™ platform, one of the leading life cycle assessment (LCA) platforms for animal protein to measure and improve the environmental footprint of animal proteins. Dr. David Nickell, Vice President Sustainability and Business Solutions at dsm-firmenich Animal Nutrition & Health said: “We are committed to helping improve the sustainability of our food systems. We are proud to partner with CPF Philippines to help them improve the sustainability of animal farming. By leveraging precise, scalable, and credible assessments of a product's environmental footprint from farm to fork, we can empower consumers with informed choices and drive meaningful progress toward more sustainable food production.” The agreement, signed on August 3, 2024, reportedly marks a milestone in CPF Philippines' ongoing sustainability journey. As one of the pioneers in voluntary environmental initiatives within the Philippine animal farming sector, CPF Philippines aims to tackle one of the most pressing global challenges: Sustainable food production. By adopting Sustell™, CPF is expected to transform previously unseen environmental data into clear, actionable insights. Read more>> Insect protein producer secures investment of $58 million dsm-firmenich and CPF Philippines collaborate to improve sustainability of animal farming
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