Tyson Foods Announces Partnership with Protix for More Sustainable Protein Production – Tyson Foods, 2023/10/17
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. 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.
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.
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About Protix
Protix is the leading company in insect-based ingredients for healthy and sustainable pet food, aqua culture and livestock feed and organic fertilizer. The company is on a mission to create low-footprint ingredients that solve major issues in the current food system.
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Based in the Netherlands, Protix operates the first-in-the-world industrial insect facility, opened in 2019. With breeding, rearing and processing under one roof, the company has complete control of the production chain and offers reliable, high-quality supply.
Yes – they do want OTHER PEOPLE to eat bugs.
This is happening because elites/authoritarians want this to happen.