who is thai union? - amazon web services · • testing 4%, 8%, and 12% inclusion levels, with 12%...
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1 Thai UnionConfidential
Who is Thai Union?
Thai Union is a seafood processor, and has production facilities in 17 locations globally including US,UK, Thailand, Germany, France, Seychelles, Portugal, Ghana.
1 Thai UnionConfidential
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Our Products
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: an overview
We want to have a positive,
practical impact on the
communities in which we work.
Our CSR programs, community
work and local engagement will
improve the lives and facilities of
those living near us and working
with us.
We have initiatives in place to
ensure our operations are as
advanced, effective and innovative
as possible while minimizing our
impact on the environment.
Caring for our natural resources is
critical for the health of the world for
generations to come. We are working
with suppliers to ensure that Thai
Union and the wider seafood industry
works towards maintaining the health
of the global environment, including
the protection of species and the
marine environment.
We take reports of human rights
abuses in the global seafood
industry very seriously and are
determined to stamp out illegal and
unsafe labor practices wherever
they exist.
Robust leadership, policies and processes will ensure our business is focussed on delivering our
sustainability objectives and is ethical across all its operations.
We will be transparent in all communications with stakeholders, customer and the industry, sharing our
learnings and providing regular updates on our progress.
We will actively seek out NGO, government and industry partners to work with us on initiatives
designed to deliver against our overarching objectives. We will share our findings so the entire
industry can benefit from our experience and findings.
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les Good governance Transparency Partnership and collaboration
People & CommunitiesResponsible OperationsResponsible SourcingSafe & Legal Labor
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Thai Union ConfidentialPage 4
TU Shrimp SupplyChain
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THAI UNION FEEDMILL CO.,LTD.
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THAI UNION FEEDMILL CO.,LTD.
S h r i m p F e e d :
Fish Feed Production: extruded and pelleted feeds:
Products
-Shrimp feed (blacktiger, white shrimp and freshwaterprawn).
-Marine finfish: baramundi, grouper, andcobia;
-Freshwater fish: catfish, tilapia, climbing perch,snake-
head fish, red tail catfish,frog,crab;-Cold water fish feed: trout, sturgeon (for RoyalProject
inChiangmai).
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Thai Union Feedmills - Our Action Plan
Wherewehave control
Introduce ‘wild caught fish free’ product range Achieved
Overall consumption of fishmeal; as sustainable sourcing 100% AchievedEarly 2016
Introduce ‘zero fishmeal productrange’ End2020
Wherewecan influence
Work with fishmeal suppliers to have full traceability for non-IUUpractice
Mid2014
Work with fishmeal suppliers to have human rights and non-IUU policy Mid2014
Wherecanwe cooperate
Support Fisheries ImprovementProject
Contribute through TFFA / TFPA on various governmental initiatives,eg.Good Labor Practice inFisheries
TFFA; Thai Frozen Food Association / TFPA; Thai Food Processor Association
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Protein source to replace Fish Meal
• Thai Union Feedmill has been conducting inhouse research to replace fishmeal since 2014.
• One of the protein sources recently brought to market uses “FeedKind”.
• Many other protein sources have also been trialed, as well as sourcing sustainable soy.
• For TFM, the ongoing focus on trials is for better growth performance as well asmanaging the cost of feed.
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Fat / Lipid Sources
• Fish oil is one of raw materials that needs to be traceable and sustainable.
• For our feed business, we used fish oil extracted from fish waste / tuna by-product.
• However, in the future fish oil will be refined and used for human consumption.
• Our research direction is aimed to look for other oil sourcing.
• AlgaPrime is one of the products that we recently tested and still to be continued.
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Questions asked by retailers and customers (farmers) about feed sustainability
Farmers• Thai Union Feed Mill did not used fishmeal in shrimp feed?????
• Will reducing fish meal cause the problem of white-gut faeces?
• How’s the growth performance / Feed Conversion Ration….???
• When will the feed cost be reduced?
• How’s the meat quality of the animal?
Retailers• Is the feed fully traceable?
• Do you use soy? Is it sustainable?
• Would you like to participate in a fish feed challenge to replace fishmeal?
• Have you heard about using insect protein?
• What do you know about the vessels catching the fish for fishmeal?
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14 Thai Union Confidential
Dr Darian McBain
Global Director of Corporate Affairs and Sustainability
Thai Union
M: +66 6 14033901
www.seachangesustainability.org
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1
FEEDKIND: THE FUTURE IN NUTRITION
May 2019
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CALYSTA’S VISION, MISSION, AND VALUES
Values:
• Innovation: We are future focused
• Collaboration: We work together to get the best results
• Sustainability: Environmental and social responsibility underpin our business
• Responsibility: We do things the right way
• Leadership: We lead the novel protein revolution
Vision:
Building a future where theworld’s growing populationhas guaranteed food security.
Mission:
To feed more people with fewer resources by converting
natural gas to food.
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CALYSTA IS HARNESSING THE POWER OF FERMENTATION TO CREATE PROTEIN THAT IS COMPLETELY ADDITIVE TO THE FOOD CHAIN
Proven manufacturing process using no agricultural land and little water
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PROPRIETARY, VALIDATED DESIGN IS THE KEY TO SCALING TO MEANINGFULLY IMPACT THE INDUSTRY
• Proprietary loop reactor technology uniquely enables methane fermentation
• Fully validated at commercial scale:
- Benefitting from multiple decades of development and $400+ million invested globally to-date
- Calysta acquired designs and IP associated with original Tjeldbergodden, Norway commercial-scale reactor built by a Statoil-Dupont JV, demonstrated to produce at a rate of 10,000 tonnes per annum
• Modular reactor design (10,000 tonne capacity fermenters – commercial scale)
• Calysta’s operating pilot plant in Teesside, UK:
- 50 tonne annual capacity
- Commissioned and operating on a targeted campaign basis since early 2017 to provide FeedKind tonnage for field trials and commercial pilots with leading aqua and animal feed companies globally
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• FeedKind protein is a single cell protein produced by fermenting natural gas, an abundant source ofenergy.
• Produced via natural fermentation using non-GM microorganisms
• Year round production with ability to eliminate price volatility and supply chain risks
• Helps promote a healthy gut
• Approved for use in: European Union, Chile, Japan, Australia, Taiwan, and Thailand, with manyother countries in process
• Traceable from production through the supply chain
• Entirely additive to the human food chain
® IS A NATURAL, NON-GMO, HIGHLY DIGESTIBLE ALTERNATIVE PROTEIN
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0
450
400
350
300
250
200
150
100
50
Beef Sheep and goat
meat
Cattle milk
Pork Chicken Eggs FeedKind ProteinIsolate
Kg
CO
2 E
qu
ival
ent
per
Kg
pro
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FEEDKIND OFFERS DRAMATICALLY REDUCED LAND AND WATER USE REQUIREMENTS, AS WELL AS A LOWER GHG PROFILE THAN TRADITIONAL PROTEIN PRODUCTS
GHG Intensity of Different Protein Sources
FeedKind protein also uses 90% less blue water than equivalent soy protein
or wheat productionSource: FAO Global Livestock Environmental Assessment Model (GLEAM)
DuPont Solae, USDA, FAO/WHO/UNICEF Protein Advisory Group
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Shrimp Traceability Analysis
Delta-C
FeedKind fed
Delta-N
Fishmeal fed
FEEDKIND’S UNIQUE TRACEABILITY FEATURE ALSO ENABLES A SHIFT IN HOWRETAILERS AND SHRIMP PROCESSORS CAN ADDRESS SLAVE LABOR
FISHMEAL PRODUCER
Producing only certified fishmeal –
sold to feed company
FEED COMPANY
Buys certified fishmeal, makes feed containing certified raw materials and FeedKind
Aqua
FARMER
May or may not buy certified feeds
PROCESSOR
Testing FeedKind inclusion lets processor quickly and easily verify the accuracy of certificates supplied by
the farmer
ByusingtheFeedKindmarkerasproofofthe verificationprocess,processorsandretailerscaneliminatetheriskthat theproductcontainsnon-compliantingredients
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RECENTLY COMPLETED COMMERCIAL PILOT WITH THAI UNION FEATURING FISHMEAL FREE, FEEDKIND FED SHRIMP
• Thai Union produced approximately 10 tonnes of shrimpusing FeedKind to replace fishmeal
• Validated Calysta’s traceability technology using carbon andnitrogen ratios
• Calysta identified which shrimp were fed FeedKind from blinded samples
• Similar tests can be done on any species, guaranteeingprovenance and eliminating fraud
• Equivalent performance at the pond level – equivalent growth rates, feed efficiency, and survival
• Shrimp were indistinguishable from shrimp fed fishmeal based feeds with equivalent taste, texture, and color
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COLLABORATING WITH MOWI AND NOFIMA TO VALIDATE COMMERCIAL USE IN ATLANTIC SALMON
• Trial growing salmon to harvest weight begun in April atMowi’s facility in Averøy with expected harvest February2020
• Testing 4%, 8%, and 12% inclusion levels, with 12% inclusion a fishmeal free formulation
• In addition to traditional feed performance metrics like FCR and growth rates, will monitor gut health, fillet quality, color, and yield
• Will monitor omega-3 content – the saturated fatty acids in FeedKind can improve DHA content in the fillet
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INITIAL MARKET OPPORTUNITY FOCUSED ON AQUACULTURE, WITH R&D INITIATIVES EXTENDING APPLICATIONS TO NEW MARKETS
Commercially Ready In Development
® ® ®
• Alternative protein for species requiring high proteindiets
• Increased feed conversion supports higher value applications
• Improves digestive tract health in farmed fish
• Commercially validated with largest aquaculture feedproducers
• Orthogonal protein source for companion animals withallergies or gut sensitivities
• Beneficial probiotic effects
• Healthy maturation of the digestive tract in young animals
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©
Chris Haacke, Global Aquaculture Lead, Corbion Algae Ingredients
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Corbion: Who we are today
Innovation platforms Create new biotechnology business platforms based on our core technologies
BiochemicalsProvide safe solutions basedon renewable materials andresource efficient processes
Food ingredientsProvide safe and healthy food for a growing population ,while preventing food waste
• € 897.2 M revenues (2018)• Around 2000 employees• 12 manufacturing facilities
across the globe• unique technology
platform: fermentation of organic acids
Addressing key global trends:• Population growth• Food security• Changing values• Resource scarcity &
climate change
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Corbion’s alignment with UN Sustainable Development Goals
• End hunger• Food security• Improved nutrition• Sustainable agriculture
• Reduce, re-use & recycle• Circular economy• Reduce food waste• Minimize environmental
impact of chemicals
Population growth
Food security
Changing values
Climate change & Resource scarcity
Corbion’s valueproposition
Offering conscious choices through sustainable ingredient solutions uniquely tailored to create customer value
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Enhancing Nutrition Responsibly™Through New Sources of Marine Omega-3s
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➢ Whole algae ingredient from non GM algae
➢ High levels of DHA (~30%): Provides flexibility to formulators
➢ Stable powder form: Easily incorporated in feed
➢ Available today:Fully formulated in salmon feeds
Typical Nutritional Profile:
C16:0 (Palmitic)18%
C22:5 n6 (DPA) 10%
C22:6 n3 (DHA) 28%
Other Fatty Acids e.g. C18:0
4%
Total
Carbohydrates
21%
Protein 9%
Ash 6%
2%Moisture Fiber (crude)
2%
Proven marine omega-3 source from algae
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New omega-3 sources from algae
New Pathway
Fish oil
Conventional Pathway
MicroalgaeSchizochytriumsp.
Fishing vesselFishZooplankton
Aquaculture
Produced in a matter of days with consistent omega-3 levels
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AlgaPrime™ DHA vs forage fish
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Low carbon, water and land footprint due to sugarcane feedstock
Microalgae production powered by renewable energy
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…and at scale today
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More than 350k MT of feed with AlgaPrime™ DHA sold in Norway