Due to be built in Chongqing’s Changshou district it will start to supply the single celled protein to the $28 billion Asian aquafeed market by 2022.
FeedKind protein is produced in a fermentation process, which was developed in Norway and involves feeding methane-consuming microbes with natural gas. Once the first phase has been completed, it will be followed by a second phase investment, adding another 80,000 tonne capacity.
Adisseo announced the location during a signing ceremony reflecting the company’s commitment to increase its investment in China and pursue aquafeed opportunities in Asia.
Despite difficulties resulting from the COVID-19 pandemic, the project has continuously progressed with support from all parties, thus enabling the successful organization of the signing ceremony convened in the form of a cloud meeting attended by representatives from all parties including officials from Chongqing municipal and Changshou District government in Chongqing, representatives from China Bluestar Group in Beijing, from Calysta in US and in Shanghai, from Adisseo in Paris and in Shanghai.
During the ceremony, Zheng Xiangdong, Deputy Mayor of Chongqing, on behalf of Chongqing government and Changshou Region, extended his warm welcome and sincere gratitude to Bluestar Group, Adisseo and Calysta for choosing Changshou Region as the home of FeedKind production facility.
He believes the project’s settlement in Changshou Region will contribute to the transformation and upgrade of natural gas chemical industry in Chongqing and Changshou Region and further reinforce China’s leading position in the biochemistry industry in the world.
Hao Zhigang, chairman of Bluestar Group and Adisseo, said, “I was delighted to join the investment signing ceremony, which marks another key step for the rollout of Adisseo business diversification strategy as well as its China development strategy. I would like to, on behalf of Adisseo and all our business partners, express our gratitude to Chongqing and Changshou governments, for all the support extended to the project.”
He continued, “Adisseo and Calysta, have very high expectation on the project. It is a major strategic investment for us. Being the controlling shareholder of Adisseo, we will continue to give our strongest support to Calysseo in building the first high-tech, safe and environmentally friendly manufacturing unit for FeedKind in Chongqing. 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 . Today’s announcement brings us another step closer to realizing our ambition and we are delighted by the ambition and support of our partners in this. We believe that project will be successfully completed and put into operation, and will rapidly realize its returns, bring real benefits to consumers and provide more innovation capabilities for the industry.”