Green Plains Inc. and Hayashikane Sangyo Co., Ltd Forms Exclusive Partnership
October 27, 2020 at 04:30 pm
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Green Plains Inc. and its wholly-owned subsidiary Optimal Aquafeed, announced the formation of an exclusive partnership with Hayashikane Sangyo Co. Ltd. of Japan. The companies have come together to deliver innovative solutions for fast-growing global aquaculture markets using technology developed and successfully deployed in Japanese production.
These solutions are a perfect complement to Green Plains' ultra-high protein ingredients produced at its biorefineries. Worldwide, fish is the most consumed protein on a per capita basis and aquaculture is the fastest growing animal protein production market. Feed is an important input variable in aquaculture production and the partnership between Green Plains and Hayashikane is designed to meet the feed requirements in RAS systems and beyond.
The initial phase of the partnership will focus on Optimal Aquafeed's deployment of proprietary solutions, developed by Hayashikane, to North and Central American markets.
Hayashikane Sangyo Co., Ltd. is a company mainly engaged in the manufacture and sale of food products and feed. The Company operates in four business segments. The Marine Food segment is engaged in the manufacture and sale of fish paste products and functional foods. The Livestock Food segment is engaged in the manufacture and sale of processed food products, including pork and other animal products. The Feed segment is engaged in the manufacture and sale of assorted feed for livestock, poultry livestock and fish, as well as the manufacture, processing and sale of marine products. The Others segment is involved in the leasing of old production factories, the provision of storage services of raw materials and products, as well as the information processing business.