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ADM in Joint Venture for Insect-Derived Protein

 12/27/2020

ADM will partner with InnovaFeed of France to develop an insect-protein plant in Decatur, IL.  The facility to be owned by InnovaFeed will use corn waste from the ADM plant as a substrate and will benefit from steam generated by ADM.

 

Proposed output will be 60,000 tons of protein, 20,000 tons of oil and 400,000 tons of fertilizer annually.

 

InnovaFeed currently operates two facilities in France.  Propagation of solider-fly larva is sustainable and efficient and has the potential to supplement or displace existing animal protein sources in hog and poultry diets.