Nutreco To Manufacture Poultry Feed
Currently, the cost of poultry feed remains the biggest headache for poultry farmers, and the broiler sector of the poultry industry in Ghana struggles to cope with stiff competition from imported poultry.
According to Mr. Nesse, ‘Nutreco wants to manufacture quality feeds but affordable so that farmers can patronize.’
He said the delegation’s visit to Ghana forms part of a West African tour to explore business opportunities to expand the frontiers of feed production in Africa.
‘Our key objective in Africa, for that matter Ghana is to learn and understand the size and fundamentals of the market and the growth opportunities,’ he added.
The Chief Operating Officer of Nutreco in charge of Animal Nutrition, Jerry A. Vergeer said the company could help revive the poultry industry in Ghana due to its expertise and knowledge from other parts of the world.
Maurice Tanco Abisa-Seidu, Chief Director of MoFA, in a remark, commended the management of the company for showing interest in Ghana and assured them of the ministry’s adequate support.
He urged Nutreco to consider Ghana as its first option in sub-Saharan Africa as it seeks to expand its tentacles across Africa.
Nutreco currently has a giant plant in Egypt where it produces feed for farmed tilapia in that country and in a number of countries in Asia, Europe and the Americas.
In addition, Nutreco is the biggest producer of fresh poultry or broiler in Spain, with a market share of 27 per cent.
The century-old Nutreco employs approximately 10,000 people in 30 countries with sales in 80 countries.
The company, listed on the NYSE Euronext Stock Exchange in Amsterdam, recorded an annual revenue of EUR 4.7 billion in 2011 and operates 100 mills in more than 30 countries across the world.
By Cephas Larbi