SINGAPORE — Volac International Limited and Wilmar International Limited announced on July 6 the creation of a joint venture group to develop their value added animal feed fat business around the world.
Volac Wilmar Feed Ingredients combines the nutritional reputation, global brand and sales network of Volac with the operational raw material logistics and scale of Wilmar, the companies said.
The joint venture will market an expanded “MEGA” branded range of feed fat products which are responsibly sourced through a leading sustainability approach and by maximizing operational efficiency.
“Volac believes that responsibly sourced feed fats will play a key role in sustainable livestock nutrition in the future and therefore we are expanding our fats business as part of our company strategy. The joint venture with Wilmar will supply sustainable and traceable fat nutrition ingredients which will help improve the productivity of livestock production across world markets,” said David Neville, managing director of Volac Animal Nutrition.
Napoleon Pefianco, managing director of Wilmar Europe Holdings B.V., said, “Wilmar and Volac both have an aspiration to set the agenda for sustainability. Through the joint venture we will use our combined resources to develop sustainable feed ingredients globally, putting the joint venture at the leading edge of ethically sourced feed fat ingredients.”
Volac is a privately-owned business based near Cambridge, U.K. Its products include: nutritional products and feeding systems for improved livestock productivity; a consumer business delivering protein through the Upbeat brand; high-performance whey protein for lifestyle and sports nutrition markets; and lactose rich dairy ingredients for food, beverage and animal nutrition manufacturers.