Meat-Giant Tyson Foods Reveals New Insect Plant In 2025 - Enjoy Your Fillet of Bugs
Posted by freedomforall 2 years, 11 months ago to Politics
Excerpt:
"Tyson Foods Inc. is buying a stake in insect-protein company Protix BV. The two companies will collaborate to establish a manufacturing facility in the US to produce bug-based meal and oil, typically used in fish feed and dog food.
The American meatpacker said Tuesday that it agreed to buy a stake in Dongen, Netherlands-based Protix BV to help fund its expansion. The companies will also form a joint venture to build and operate a US facility that will produce bug-based meal and oil, which are typically used in fish feed and dog food. Financial terms of the deal weren't disclosed. --Bloomberg
"It's a multibillion-dollar industry opportunity that has tremendous growth potential, and we see Protix as being a leader there," Tyson CFO John Tyson said in an interview.
Tyson said, "In the long run, insect-protein inclusion in animal-feed diets can be a real thing that exists and can be one that is good for people, planet and animals."
Protix already supplies insect-based protein to pet food makers Nestle SA and Mars Inc. The company was established in 2009, and the partnership with Tyson will expand operations internationally. "
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Eat any Nestle or Mars candy lately?
"Tyson Foods Inc. is buying a stake in insect-protein company Protix BV. The two companies will collaborate to establish a manufacturing facility in the US to produce bug-based meal and oil, typically used in fish feed and dog food.
The American meatpacker said Tuesday that it agreed to buy a stake in Dongen, Netherlands-based Protix BV to help fund its expansion. The companies will also form a joint venture to build and operate a US facility that will produce bug-based meal and oil, which are typically used in fish feed and dog food. Financial terms of the deal weren't disclosed. --Bloomberg
"It's a multibillion-dollar industry opportunity that has tremendous growth potential, and we see Protix as being a leader there," Tyson CFO John Tyson said in an interview.
Tyson said, "In the long run, insect-protein inclusion in animal-feed diets can be a real thing that exists and can be one that is good for people, planet and animals."
Protix already supplies insect-based protein to pet food makers Nestle SA and Mars Inc. The company was established in 2009, and the partnership with Tyson will expand operations internationally. "
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Eat any Nestle or Mars candy lately?
Eating bugs, YUK!
what is wrong with these people??
Thank God my extended family does farming. We are already trading in commodities. Sanity is the future of wealth. If you want to maintain it it’s going to take a little extra work besides just buying a box of food out of a bigger box.