Tyson Foods, one of the world’s largest food companies, announced an agreement to invest in insect protein.
The Arkansas-based multinational corporation is the world’s second-largest processor and marketer of chicken, beef, and pork.
“Tyson Foods, Inc. (NYSE: TSN), one of the world’s largest food companies, has reached an agreement for a two-fold investment with Protix, the leading global insect ingredients company,” Tyson Foods stated in a press release.
“The strategic investment will support the growth of the emerging insect ingredient industry and expand the use of insect ingredient solutions to create more efficient sustainable proteins and lipids for use in the global food system. The agreement combines Tyson Foods’ global scale, experience and network with Protix’s technology and market leadership to meet current market demand and scale production of insect ingredients,” it added.
“Protix is a fully integrated insect ingredients company, producing and processing 14,000 metric tons LLE annually in its Netherlands facility which has been in operation since 2019. It serves major global companies in the pet food, aquaculture feed, livestock feed and organic fertilizer industries as the demand for insect ingredients continues to grow,” according to Tyson Foods.
The World Economic Forum agenda to push a buggy diet on the population runs full-steam ahead.
America’s largest meat producer has announced a new partnership with a World Economic Forum-linked company to open a major insect processing plant in the United States.
Tyson Foods Inc., the largest producer in the U.S. for all kinds of meats, is buying a stake in…
— TheTexasOne (@TexasRepublic71) October 18, 2023
Per Tyson Foods:
Through a direct equity investment, Tyson Foods will acquire a minority stake in Protix to help fund its global expansion. In addition, Tyson Foods and Protix have entered a joint venture for the operation and construction of an insect ingredient facility in the continental United States. Upon completion, it will be the first at-scale facility of its kind to upcycle food manufacturing byproducts into high-quality insect proteins and lipids which will primarily be used in the pet food, aquaculture, and livestock industries.
“Our partnership with Protix represents the latest strategic investment by Tyson Foods in groundbreaking solutions that drive added value to Tyson Foods’ business,” said John R. Tyson, chief financial officer of Tyson Foods. “The insect lifecycle provides the opportunity for full circularity within our value chain, strengthening our commitment to building a more sustainable food system for the future.”
Kees Aarts, CEO of Protix, says: “We are very excited to announce the next step in our international growth strategy. Tyson Foods’ and Protix’s strategic partnership advances our joint work towards creating high-quality, more sustainable protein using innovative technology and solutions. Moreover, we can immediately use their existing byproducts as feedstock for our insects. This agreement is a major milestone for Protix and significantly accelerates our ambition to grow through international partnerships.”
The to-be-built facility in the U.S. will house an enclosed system to support all aspects of insect protein production including the breeding, incubating, and hatching of insect larvae. In addition to ingredients for the aquaculture and pet food industries, processed larvae may also be used as ingredients within livestock and plant feed.
Meat-Giant Tyson Foods Reveals New Insect Plant In 2025 https://t.co/KRrP4ByGys
— zerohedge (@zerohedge) October 17, 2023
“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, according to Zero Hedge.
Zero Hedge reports:
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.
“It is definitely a huge way to establish ourselves into an international context,” Protix CEO Kees Aarts said. He added the deal with Tyson is a “tipping point we have been working for.”Advertisement
Aarts said the US plant will not be ready until 2025. He said the new facility will be four times larger than its existing facility in the Netherlands.
Slowly but surely, the World Economic Forum and major corporations appear to be resetting the global food supply chain. WEF has been very vocal about how the masses must give up beef because cow farts are polluting the air and, instead, eat insects.
Below are examples of the World Economic Forum’s buggy diet propaganda: