In­sect feed firm boosts global team

Fish Farmer - - News -

AGRIPROTEIN, the South African in­sect feed pi­o­neer, has ap­pointed two new mem­bers to its global lead­er­ship team to drive its in­ter­na­tional busi­ness ex­pan­sion.

The waste-to-nu­tri­ent up­cy­cler aims to build a net­work of 100 in­sect pro­tein fac­to­ries by 2024 and 200 by 2027, sup­ply­ing the $100 bil­lion aquafeed mar­ket.

The com­pany moved its global HQ to Lon­don on July 1, when Mark Wil­liams joined as group COO and Alan Corr as group CFO.

Jason Drew, CEO of AgriProtein, said: ‘The ap­point­ment of Mark Wil­liams and Alan Corr is a wa­ter­shed for the busi­ness.

‘With their out­stand­ing cor­po­rate track records, they’re join­ing at a time when we’re un­der­go­ing mas­sive growth. Mark and Alan share our com­mit­ment to find­ing a bet­ter way to feed the world and we look for­ward to hav­ing them on board.’

New EU reg­u­la­tions, which came into ef­fect this month, per­mit the use of in­sect based nu­tri­ents in aquafeed.

Drew said: ‘With the tide of Euro­pean reg­u­la­tion start­ing to move in favour of in­sect pro­tein for an­i­mal feed, we felt the time had come to set up our head of­fice in Europe.

‘We opted for Lon­don be­cause of its un­ri­valled po­si­tion as a global fi­nan­cial cen­tre and ac­cess to in­ter­na­tional mar­kets. Brexit is no barrier for our tech­nol­ogy.’

AgriProtein makes sus­tain­able an­i­mal feed to re­place fish­meal and soy used in aqua­cul­ture, agri­cul­ture and pet food.

By rear­ing fly lar­vae on organic waste which would oth­er­wise go to land- fill, its tech­nol­ogy also helps tackle the world’s grow­ing waste cri­sis.

The com­pany has al­lo­cated li­cences in the US, Asia, Aus­trala­sia and the Mid­dle East. In Fe­bru­ary it an­nounced a part­ner­ship with Aus­trian en­gi­neers Christof In­dus­tries, en­abling it to roll out its fly fac­tory blue­print on a turnkey ba­sis any­where in the world at the rate of 25 per year – more than two per month.

Ear­lier this year AgriProtein en­tered the Clean­tech Global Top 100 and won a CleanEquity award for its en­vi­ron­men­tal tech­nol­ogy re­search pre­sented by HSH Prince Al­bert II of Monaco.

Last year the com­pany won an AUD 450,000 award for its in­dus­tri­ally scal­able so­lu­tion to the de­ple­tion of fish stocks in the In­dian Ocean in the Australian gov­ern­ment backed Blue Econ­omy Chal­lenge.

Right: Fly eggs

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