The new venture plans to build and operate the facility on Cargill’s 69-acre property on President’s Island, where Cargill currently produces corn oil and stores and distributes sweetener products. The facility is expected to come online in late 2018, producing up to 20,000 tonnes per year of FeedKind protein initially and expanding up to 200,000 tonnes per year when operating at full capacity.
Upon completion of the plant, the new venture expects to hire 75 permanent employees and expand to 160 people when the plant is at full ramp-up.
“Cargill has been a part of the Memphis community for 40 years,” said Brian Silvey, global vice-president of bioindustrial at Cargill. “With the strong support of the state of Tennessee, Shelby County and city of Memphis, we are pleased that the venture chose to locate the facility in Memphis. The venture’s building of a state-of-the-art fermentation facility on the existing Cargill Memphis site reaffirms our commitment to the community and state and our pledge to strategically invest in aquaculture as an ever increasingly important source of protein.”
|Alan Shaw, president and chief executive officer of Calysta|
“With a proven and proprietary fermentation platform, Calysta is introducing a scalable and disruptive protein source critical to meeting the needs of a growing global population,” said Alan Shaw, president and chief executive officer of Calysta. “Partnering with Cargill, a leader in fermentation and protein production, and others to invest in the establishment of the venture as the first U.S. manufacturing plant to commercially produce FeedKind protein, significantly accelerates FeedKind protein’s launch in the aquaculture industry at commercial scale. This venture is an important first step to deploying this technology globally.”
Calysta, based in Menlo Park, California, U.S., works to create sustainable products to improve worldwide food security. In September 2016, Calysta opened an R&D and market introduction facility in the U.K. to produce samples of FeedKind protein that may be used in aquaculture, livestock and pet markets worldwide.
This is the latest in a series of expansions and facility openings for Cargill. In October, Cargill announced plans to open a new facility that will manufacture premix feed solutions to expand its animal nutrition capabilities. This will be Cargill’s fifth animal nutrition facility in the Philippines and its first dedicated to manufacturing Provimi premix solutions. The facility will serve primarily medium to large livestock farms and feed millers.
The company opened a new Rs.88 crore feed plant in Bathinda, Punjab, on Sept. 28. The plant will provide feed to dairy farmers in Punjab, Haryana, Uttar Pradesh and Rajasthan. It will produce 10,000 tonnes of feed per month and feed 75,000 cows per day.
In May, Cargill officially opened an $8.5 million animal nutrition plant in Nam Cam Industrial Zone, Dong Nam Economic Zone, Nghe An, Vietnam. The new facility provides animal feed for livestock and has a total capacity of 66,000 tonnes per year. In April, the company announced it would streamline its animal nutrition business production capabilities in Spain by extending its facility in Mequinenza (Zaragoza) with a new production line. The extended facility is expected to be operational in the third quarter of 2017.
In January, Cargill opened two new facilities. A wet corn milling plant in Davangere, Karnataka, India, that included a $100 million investment that was spread over 44.5 acres of land that has a capacity to mill 800 tonnes of corn daily. The company also established a new Technology Application Center (TAC) in Yakap?nar, Izmir, Turkey, to help dairy and poultry customers in the Middle East, Turkey and Africa leverage and apply the best possible feed technologies to grow their businesses.
In November 2015, Cargill opened its largest feed mill. The facility, located in Pyeongtaek, South Korea, is a 2,610-square-meter facility that produces poultry, ruminant, swine and pet food products for animal producers marketed under the Purina & Nutrena brands, with a capacity of 870,000 tonnes.