Press Releases

Alltech Hosts Latin American Lecture Tour

[Arauc?ria, Brazil] - As part of Alltech's Latin American Lecture Tour, Alltech Brazil hosted a specific Symposium, entitled "Create Innovate Elevate", which took place from the 28th to the 30th August 2005. More than 400 people came to Alltech's new facilities in Arauc?ria, Brazil, where industry leaders discussed the challenges facing the animal feed industry.

Delegates attended species-specific lectures on poultry, swine and ruminant and were presented with new natural technologies for animal nutrition. Keynote speakers at the event included Dr. Pearse Lyons, President of Alltech and Dr. David Byrne, EU Commissioner for Health and Consumer Protection (1999-2004) via video link. Also presenting at the Symposium, were two national speakers on the area of quality certification of foods.

The Symposium also hosted a scientific poster session of 60 national and 40 international posters from 20 countries, 57 universities and 292 scientists.

Alltech is investing heavily in Brazil at the moment and is currently undertaking a joint venture with a sugar plant company, Vale do Ivaí, Parana, Brazil. This is a US$25 million investment, resulting in a state-of-the-art facility, with the largest yeast production in the world. The new plant is scheduled to begin operation in September of this year. Dr. Lyons further explained that, "This facility is the world's largest yeast factory; has the capacity to produce up to 50,000 tonnes of yeast a year with investment in the plant totalling US$40 million by 2007. The plant, surrounded by sugar cane plantations, is designed to use almost 100% of renewable raw materials, which are sourced locally. Sugar cane will be the primary source for fermentation and the manufacturing of Alltech's natural products. This not only enables Alltech to better serve the fast-growing markets of Latin America, but also to export worldwide to our 85 markets worldwide.