| Project Detail |
The project will finance the construction and operation of an insect breeding, rearing and processing plant to produce animal feed material in Poland. In particular, the plant will use low-grade agriculture and agri-food residues streams as feedstock to produce high-value and highly nutritional quality products for the animal feed and pet food industries. The unit is planned to upcycle around 270ktonnes of low-grade stream from surrounding agro-industries into 60ktonnes of Live Larvae Equivalent of proteins, lipids and organic fertilizers.
Objectives
The aim is to deploy and operate a technology-built facility for insect breeding, rearing and processing at industrial scale. The related technology has already been developed by the promoter and deployed at commercial scale in the Netherlands. The investment is expected to generate significant social economic benefits, mainly on account of its circularity features and a reduced environmental and carbon footprint compared to the production of conventional feeds/food. Furthermore, the deployment of the technology will increase the overall resource efficiency of the promoters existing industrial activities.
Sector(s)
Industry - Manufacturing
Proposed EIB finance (Approximate amount)
EUR 30 million
Total cost (Approximate amount)
EUR 150 million |
