The first commercial-scale plant in the world fully-funded through the Calysseo joint-venture between Adisseo and Calysta will be built in Chongqing’s Changshou district, an important milestone for the Feedkind project.
FeedKind protein is an economical and traceable protein which provides innovative solutions for the growth of aquafeed products. Asia’s aquafeed ingredients market is worth US$28 billion, 70% of the world’s market. The project will be the first commercialised FeedKind facility in the world with the 20,000 tonne capacity first phase expected to go into operation by 2022.
The location was announced during a signing ceremony attended by officials from Chongqing municipal and Changshou district government together with representatives from China Bluestar Group, Calysta and Adisseo.
Hao Zhigang, chair of Bluestar Group and Adisseo, said the milestone represented a key step for the rollout of Adisseo’s business diversification strategy as well as its China development strategy.
“Adisseo and Calysta, have very high expectations on the project,” he said. “On the business front, Adisseo is already developing and marketing high-quality feed additives for aquaculture and now is moving into a new dimension with FeedKind.
“We believe that project will be successfully completed and put into operation and will rapidly realise its returns, bring real benefits to consumers and provide more innovation capabilities for the industry,” he added.