11-26 FB Alltech China

 Alltech, one of the world’s leading animal health companies, has launched a $2.5 million Alltech - Chinese University/Institute Research Alliance with leading Chinese universities and academic research institutes.  Agreements were signed in October at a press conference in Beijing. Here is Alltech spokesperson Susanna Elliott: “As part of a 2011 Global Feed Tonnage Survey conducted and released by Alltech, it was shown that China is now the largest feed market in the world.” Dr. Mark Lyons, one of Alltech’s senior vice presidents and the son of its founder stated that: “Issues such as mycotoxins, feed and food safety and the environmental impact of the feed industry are strongly present in China.” He continues: “Also, in times of the highest ever raw material prices in history, Chinese animal producers still need to be profitable by reducing feed costs and increasing animal performance. One of the biggest questions for China is how the country can improve the feed conversion rate and, at the same time, decrease the dependence on crop imports.” “Alltech’s investment of more than $2.5 million to the Chinese Research Alliances over the next five years clearly indicates our commitment to find sustainable solutions to these challenges together with some of the world’s best universities."