Cargill Partners with Shrimp Producer Naturisa to Build $30 Million Feed Facility in Ecuador
SEAFOODNEWS.COM [SeafoodNews] July 21, 2015
Cargill has entered into a joint venture with Naturisa to build a $30 million shrimp feed facility in Guayaquil, Ecuador that will make it one of the largest shrimp feed producers in Latin America.
The plant will be fully operational in 2017 and will produce 130,000 tons of shrimp feed annually. The facility will employ 260 workers.
Under the agreement Cargill will own 75 percent and have managerial control of the day-to-day operation, while Naturisa will retain 25 percent in the joint venture...
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