Minneapolis headquartered agribusiness giant, Cargill, reported profits were down as it announced its 2018 Q2 financial results yesterday; however, it said its animal nutrition and protein segment was the largest contributor to adjusted operating earnings...
French biotech company, Deinove, says the results of extensive in vivo efficacy and bioavailability trials on its bacteria derived carotenoid compounds in poultry and fish diets will be released next month.
Yesterday, DSM reported a strong first nine months for this year. Sales were up 9% to €6,456m for the vitamins and enzymes producer, with it noting 8% organic growth in the period January to September 2017.
The Minnesota-based agribusiness group announced that it had reached an agreement to acquire feed additive company Integral Animal Nutrition on Friday. Additional financial details of the deal were not released.
French biotech company, Deinove, says its first patent focusing on the use of the bacteria, Deinococcus, for animal nutrition has been issued in China.
Third quarter earnings before interest, tax, depreciation and amortization (EBITDA) for DSM rose 13% to €323m ($359m), and sales jumped 3% to around €2bn.
Cargill Animal Nutrition (CAN) says it is collaborating with process technology supplier, KSE, in the expansion of its animal nutrition production facility in Mequinenza, Spain.
Spot prices for vitamin E bottomed out in H1 2015, said Dutch nutrition giant, DSM, in releasing its Q2 results today with it claiming Chinese competitors in the space are weakened.
"2013 was a once off” for US fish meal producer Omega Protein Corporation, says an analyst, as the group reports an all-time record high gross profit of $83m.
DSM is expecting further growth in meat production this year, an opportunity for its animal nutrition segment that showed flat organic growth in 2013 following weak demand, disease outbreaks and price pressure on vitamin E.
