WITH farmed fish surpassing global beef production for the first time in modern history, Cargill announced July 21 that it has formed a joint venture with Naturisa to build a $30 million shrimp feed facility near Guayaquil, Ecuador.
The transaction will involve the construction of a new shrimp feed mill that will produce 130,000 metric tons annually and employ 260 people when the facility is fully operational in 2017.
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