To support the launch of gender-testing machine, Evonik has made an investment in the biotechnology start-up, In Ovo through its venture capital unit
Poultry
HKScan’s invests US$7mn in new slaughter process
Investing US$7mn in the new slaughter process of Rauma’s poultry unit and putting it into operation, HKScan’s investment enables the unit to significantly improve its raw material yield, productivity and operational reliability
Merck Animal Health acquires Poultry Sense
Merck Animal Health, a division of Merck & Co, has announced the completion of its acquisition of PrognostiX Poultry Limited d/b/a Poultry Sense from its founding shareholders
Global poultry market to reach US$322.55bn in 2021, says ResearchAndMarkets
The poultry manufacturing growth is aided by stable economic growth forecasted in many developed and developing countries. (Image source: Adobe Stock)
The global poultry market is expected to grow from US$310.7bn in 2020 to US$322.55bn in 2021 at a compound annual growth rate (CAGR) of 3.8%, according to a report by ResearchAndMarkets
Tyson Foods, Malayan Flour Mills Berhad announce partnership
MFM’s vertically integrated poultry business includes feed mills, hatcheries, farms and processing facilities. (Image source: Adobe Stock)
Tyson Foods and Malayan Flour Mills Berhad have announced a partnership in which Tyson Foods will invest in the Malaysia-based company’s vertically integrated poultry business, which will add more supply flexibility for both companies