Cargill and Calysta, Inc., along with several third-party institutions, plan to invest in reportedly the world’s largest gas fermentation facility in Memphis, Tenn. to produce Calysta’s FeedKind® protein, a family of sustainable, traceable nutritional ingredients for fish, livestock and pets.
The new venture plans to build and operate this facility on Cargill’s 69-acre property on President’s Island, where Cargill currently produces corn oil and stores and distributes sweetener products. The facility is expected to come online in late 2018, producing up to 20,000 metric tons per year of FeedKind® protein initially and expanding up to 200,000 metric tons per year when operating at full capacity.
Upon completion of the plant, the new venture expects to hire 75 permanent employees and expand to 160 people when the plant is at full ramp-up. Cargill and Calysta jointly will be marketing FeedKind® protein globally.