Louis Dreyfus unveils food, feed solutions platform

ROTTERDAM, THE NETHERLANDS — Louis Dreyfus Firm BV (LDC) has created a brand new Meals & Feed Options platform inside its worth chain section that may debut in January 2023. The platform will deal with favorable market tendencies and buyer preferences towards wholesome, nature-based merchandise, LDC mentioned.

The Meals & Feed Options platform will deal with creating and rising LDC’s presence within the lecithin, glycerin and specialty feed protein house, leveraging the corporate’s uncooked materials origination and processing capabilities.

“Demand progress for components of pure origin is accelerating, fueled by growing use in purposeful meals, nutraceutical merchandise, private care merchandise and different non-food and trade functions,” mentioned Michael Gelchie, chief government officer of LDC. “As a part of LDC’s strategic plans for income diversification via extra value-added merchandise, we see a chance to take part on this quickly rising nature-based components market.”

With its world asset community and market presence, LDC mentioned it’s well-placed to scale up its participation within the nature-based components market, each via natural progress of manufacturing capability and thru focused acquisitions and investments to diversify and broaden the geographic scope of its portfolio.

“We count on the brand new Meals & Feed Options platform to grow to be a stable base for the execution of LDC’s technique to diversify income streams by remodeling or upcycling agri-commodity byproducts into value-added merchandise and options,” mentioned James Zhou, chief industrial officer of LDC. Mr. Zhou additionally will lead the brand new platform as head of Meals & Feed Options. “To realize this, we are going to construct on current capabilities within the processing of oilseeds, oils and lipids components and, ultimately, different processing derivatives from LDC’s current product portfolio.”

In its most up-to-date earnings report, LDC mentioned working outcomes for the worth chain section, which incorporates the grains and oilseeds platform, have been $945 million, which in contrast with $525 million in the identical interval a 12 months in the past. MBN

Source

Leave a Reply

Your email address will not be published. Required fields are marked *