Bluestar Adisseo Company (Adisseo), a world leader in feed additives for animal nutrition, and the world’s leading alternative protein producer, Calysta signed an agreement to establish a joint venture named Calysseo to develop FeedKind®, an innovative feed solution for aquaculture, and to provide exclusive supply for Asian markets. The strategic partnership will also see the construction, in China, of the world’s first commercial FeedKind® production facility , with the first phase expected to start operating in 2022, delivering 20,000 tonnes of FeedKind® protein per year.
Access the full press release, here.
“Adisseo is committed to strategic investments in new disruptive technologies. Our ambition is to become one of the leaders in sustainable feed ingredients and additives for aquaculture across the Asian markets ... With this joint venture, we are investing further in a strategic collaboration, combining the agility of a start-up with Adisseo’s expertise to enable Adisseo to become a major contributor to food safety and sustainability in Asia via innovation.”
“Adisseo is one of the world’s leading feed additive companies and this exciting new partnership with Calysta marks a significant moment in the FeedKind story. Today’s announcement means we are now making the transition from a tremendously exciting idea to one that will deliver truly world-scale impact, making food supply chains more resilient, and making them far more sustainable in the process."
Great opportunity to develop a major business supplying aquafeed ingredients in Asia with a market size of USD28 billion, representing 70% of world market.
Establishment of a 50/50 Joint Venture between Adisseo and Calysta to build production facilities and to address the Asian market on an exclusive basis.
A World’s first FeedKind production facility to be built in China with 20,000 tonnes of capacity to come online in 2022. A second step will bring an additional 80,000 tonnes of capacity.