Cargill looks to double shrimp feed production in Ecuador with local JV

U.S.-based animal nutrition company Cargill and its Ecuadorian partner, shrimp farmer Naturisa, have agreed to form a joint venture (JV) with Ecuador’s Skyvest EC Holding that is expected to lead to a doubling of shrimp feed capacity for the American company in the Latin American country.

Under the agreement, Cargill will look to expand its shrimp-feed production capabilities by owning and operating a 156,000 metric ton (MT) capacity shrimp-feed production facility located in Guayaquil, Ecuador…