Acquisition of Perstorp Group by PCG Makes Landmark in the category for RM 10.5 Billion

PETRONAS Chemicals Group Berhad (PCG) signed a Securities Purchase Agreement on 14 May 2022 to acquire the entire equity interest in Perstorp Holding AB, a leading sustainability-driven global specialty chemicals company with Financière Forêt S.à.r.l, a company under PAI Partners, a European private equity firm. The acquisition values Perstorp Group at an enterprise value of EUR2,300.0 million, which is equivalent to RM10,496.1 million. PCG’s journey to achieve its vision of becoming the preferred chemical company providing innovative customer solutions is based on a clear strategy; to strengthen its basic petrochemicals portfolio,…

The role of calcium in broiler performance and phosphorus digestibility

Lode Nollet, MSc., PhD., Global Product Manager Enzymes, Huvepharma In the past, there was little interest in the assessment of calcium (Ca) requirements in poultry diets. This was due to the availability of cheap limestone, which accounts for 80-85% of the total Ca in feed. However, driven by the numerous studies of the effect of Ca on phosphorus (P) digestibility and phytase efficacy, the impact of Ca on performance has gained increasing interest. Research from recent years has indicated that oversupplying Ca can negatively affect animal performance: Limestone is a…

Birgit Horn appointed Managing Director for VIV Worldwide

Birgit Horn (49) has been appointed as the new Managing Director of VIV worldwide. Based in the head office in Utrecht, Mrs. Horn will officially start on August 1, 2022. She will contribute to enlarge the VIV worldwide network on all measures with regards to exhibitors, visitors and partner development and also further strengthen the worldwide reach of the VIV show portfolio. Horn has a vast experience of 25 years working in the exhibition industry. She has worked in different leadership positions with Messe Düsseldorf GmbH, a key player in…

NECC appealed Government of India to allot partial substitute for Maize, as its the worst crisis in the History of Poultry Industry

National Egg Coordination Committee (NECC) has appealed to the Government of India to allot at least 2.0 million tons of damaged Wheat, Paddy and/or Broken Rice – unfit for human consumption – for use in poultry feed, as a partial substitute for maize so as to enable the farmers to tide over the unprecedented crisis caused due to acute shortage and steep increase in the price of maize and soya meal in the domestic market. It’s one of the worst crisis in the History of the Poultry Industry. NECC sources…

Insect Protein company Inseco, Raises Seed Funding

Inseco, which operates the biggest insect protein plant in African continent, said it raised $5.3 million in South Africa’s biggest ever startup seed funding round.  Futuregrowth Asset Management contributed alongside E4E Africa and Oak Drive Ventures, Inseco said in a statement. Inseco operates a 10,000 square meter (108,000 square foot) plant in Cape Town that converts the larvae, known as maggots, of the black soldier fly into 100 tons of insect oil and meal a month. Insect products are high in nutrients and, because the process sees the maggots fed…

Green Leaders, webinar series – an opportunity to remind on the right choices!

“Green Leaders” from the Animal Protein Industry is organizing a webinar series on committed to the cause and driving the business sustainably. Kemin along with ‘Green Leaders’ from the animal protein industry is organizing a webinar series that will focus on the sustainability initiatives of various industry leaders. In this episode, Kemin has the listed esteemed panel; Dr R Sureshkumar, President, Kemin South Asia Suresh Chitturi: Vice Chairman & Managing Director, Srinivasa Group Dr K Rathnam, CEO, Milky Mist Narendra Pasuparthy, Chief Farmer, Founder & CEO, Nandus Foods Moderated by…

USDA-licensed avian influenza diagnostic kit by Thermo Fisher Scientifics is widely available for testing

As the US experiences its first highly pathogenic avian influenza (HPAI) outbreak in poultry since 2014, many are watching closely to see how this new outbreak will play out and what it will cost in terms of bird losses and dollars. The USDA surveillance program that tests migratory birds has been ongoing since 2006 and serves as an early warning system for the introduction and geographic distribution of avian influenza viruses of concern. The recent poultry outbreak certainly has followed the migration patterns of wild populations. On January 13, 2022, the…

15th International Feed Regulators Meeting (IFRM)

The 15th annual International Feed Regulators Meeting (IFRM) organized by the International Feed Industry Federation (IFIF) and the Food and Agriculture Organization of the United Nations (FAO) brought together feed industry representatives and government officials from around the world to discuss critical issues facing the feed sector with IFIF and the FAO. At the virtual meeting Badi Besbes, Head Animal Production and Genetic Branch at FAO and Ruud Tijssens, IFIF Chairman, welcomed IFRM delegates and reiterated their commitment to this longstanding partnership and agreed to continue to strengthen their work together…