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Welcome to Pentlands Publishing Ltd Publications for the animal feed and pet food industries Based in Britain, our publications have
particular relevance to feed and pet food producers and
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Industry News MANCHESTER CORN AND ALLIED TRADES GUILD The Manchester Corn and Allied Trade Guild has a long and proud history that marks Manchester as a focal point of our corn trade further to the building of the Manchester Ship Canal in 1894. The Guild is best known for its Annual Dinner which, in 2010, is to be held at the Palace Hotel, Manchester, on Thursday 4th March. New members and guests are welcome to attend this. The Manchester Guild is a registered charity and was established to support members of the grain trade and former members and their families who are in need. It still carries out this work today and the Committee of the Guild would urge members to bring such worthy cases to their attention. Membership of the Guild is as an individual rather than company basis and at only £10.00 per year, represents great value to those of us who appreciate our links with Manchester and its allied Corn Trades. Speaking as President of the Guild, Martin Douglas said, “The Manchester Guild has a long heritage in our trade and many of us recall great comradeship and a sense of belonging at the Manchester Dinner. We hope that younger and newer members of the trade will continue to enjoy this and would encourage new members and guests at our Dinner in March.” Manchester Corn and Allied Trades Guild is a registered charity. For more information about the Guild, please contact Martin_Douglas@cargill.com or darrell.yarwood@adm.com Mole Valley Farmers - Financial Results Mole Valley Farmers’ commitment to and investment in farming and the rural sector has been reinforced by strong financial results for the year ending 30th September 2009. Operating on a cooperative business model with just under 6,000 Farmer Shareholders, the business has increased turnover by 5.8% to £257.6m, an all time record in the face of challenging economic conditions and a significant fall in commodity prices. As a result of a 6.2% increase in operating profit to £3.6million, Farmer Shareholders will be rewarded with a £450,000 rebate, bringing the total to over £1m distributed back to shareholders since the launch of the scheme 3 years ago. The balance sheet of the business remains very strong with shareholders’ funds increasing by 10% to £27million. Farmer Shareholding has increased by over 600 new members to a record level, alongside a substantial increase in Country members, with customers benefiting from the company’s procurement commitment to keep margins as low as possible across the wide range of products and services in the agricultural and retail businesses. Overall, sales across Mole Valley Farmers and its retail subsidiary SCATS Countrystores have performed extremely well, despite the adverse financial conditions. The company has continued to invest in its feed mills, minerals plant and retail sites, with significant investment in Cornwall at MVF’s St Columb branch, the website, product research and development as well as joint initiatives with Taste of the West and Harper Adams University College. David Burke, Chairman Mole Valley Farmers said, ‘The emphasis throughout the year has been on important cornerstones that underpin the whole business: a strong value offer, good customer service, continuity of supply and controlling overheads. This has enabled the company to pass back additional purchasing benefits to our members as well as continue to invest in the business and its people.’ The combined agri feed business, Mole Valley Feed Solutions, has contributed over £98 million (nearly 40%) of total turnover, with volume increasing to just under 340,000 tonnes of manufactured feed, a record, bucking the national and regional decline in compound feed usage. During the past 3 years, the company has made sustained investment in manufacturing facilities at its 4 feed mills and specialist minerals plant, as well as staff technical knowledge and expertise. Fourteen new ruminant products have been developed to help livestock producers tackle persistent problems including dry cow management, fertility, improving milk yield and daily live weight gain. Meanwhile, the Mineral Feeds Supplement business achieved a 27% sales increase, helped by livestock producer and trade customer demand as well as the development of innovative new products including organic minerals and rumen buffers. Forage and cereal seed sales increased substantially, with grass seed sales achieving a record 50,000 acres. Although the economic downturn has hit the UK retail sector hard, Mole Valley Farmers Retail achieved record turnover, increasing revenue by 5.9% to £76.2m, with agricultural products accounting for 60% of total branch sales. The flagship South Molton branch in Devon contributed £14m, while turnover increased at the new-look St Columb branch in Cornwall, boosted by the substantial investment in new facilities, with a dedicated farm services area, drive through feed store and wider product ranges including locally sourced food. The MVF website and online retail store generated a significant increase in sales with over 19,000 orders and in excess of 25,000 registered users from all parts of the UK. Meanwhile, D & I Bridgman & Son, with its bespoke retail product offer and local service to the farming community in North Devon, achieved overall sales of £15.6m, with ‘direct to farm sales’ contributing £6.7m of turnover. Since Mole Valley Farmers acquired SCATS Countrystores in 2002, the retail business has achieved an average 11% sales growth year on year, with turnover rising in the current year to a record £38m, an increase of 9.1% over last year. Despite the challenging retail market, 18 of the 19 SCATS Country stores across the South and South East England increased sales year on year helped by a 8.7% boost in customer footfall. The investment in the Surrey based Redhill store was completed in early 2009 with an outdoor retail and storage area as well as additional car parking. Meanwhile, construction began on the purpose-built store at Andover in a prime location next to A303, as well as the major redevelopment of the Dorchester store, both of which will be completed in spring 2010. Andrew Jackson, Chief Executive Mole Valley Farmers said, ‘We anticipate trading conditions for 2010 to be every bit as challenging as 2009, as customer confidence remains finely balanced. Choice, quality, good service at competitive prices has never been more important and we greatly appreciate the support from our members and customers who are the very focus of the business.’ In 2010 Mole Valley Farmers will celebrate its 50th year since the foundation in 1960 by a small group of pioneering farmers in the South Molton area. Novus International, Inc. Announces Intent to Acquire Animal Nutrition Division of Albion International, Inc. Novus International, Inc. has announced its intent to acquire the Animal Nutrition Division of Albion Laboratories Inc. Terms of the proposed deal were not disclosed. Products from the acquisition will align with Novus’s MINTREX® chelated trace mineral products and further expand its mineral technology. When complete, this acquisition will enable Novus to offer its customers and the animal agriculture market an expanded chelated trace mineral product portfolio to support their livestock operations. Since its establishment in 1956, Albion has been an innovator in mineral chelate nutrition. Albion manufactures highly bioavailable nutritional mineral forms and has a long-standing customer base in both the beef and dairy markets. Geographically, Albion is primarily present in the animal organic trace mineral industry in the U.S., Europe, the Middle East and Japan. The combined geographic and market presence will provide Novus the opportunity to offer new customers a wide range of health through nutritional products, programs, and solutions. “The intent to acquire Albion’s animal division is consistent with the direction Novus has taken to work with industry partners to achieve greater production efficiencies and minimize environmental impact,” said Giovanni Gasperoni, Executive Vice President, Novus International. “Novus will continue to fully support and invest in its MINTREX® chelated trace mineral technology. Albion will be viewed as an additional line to support the industry’s movement to superior, well-defined and efficacious chelated mineral solutions.” Novus's current products include amino acids, chelated trace minerals, feed preservatives, and other nutrition and health products for the animal agriculture, companion animal, human and industrial markets. Key areas of focus include helping customers improve, increased supply of animal protein to meet global demands, sustainable agriculture practices, use of local by-products, food safety, animal welfare, and animal health and nutrition. Green Pioneers Alltech Open Serbian Treatment Plant Alltech is pleased to announce the opening of a state-of-the-art effluent treatment plant for its yeast facility in Serbia. Uniquely the treatment plant will incorporate a cogeneration unit which will produce heat and power for the facility. The green treatment plant which has the full support of the local municipality and the Serbian Government will be the first of its kind in the region to integrate both effluent treatment and power generation. This treatment facility is a combination of both anaerobic and aerobic treatment plants, the new system will convert the biological waste into biogas which can then be used to generate electricity and contribute to the facility’s gas and power requirements. This will result in the provision of 37% of its present requirements for natural gas and contribute to 34% of its electrical needs. In addition to gas and electrical supply, the hot water generated from the cogeneration plant will be utilised to heat various processes in the facility and to heat the anaerobic reactor, which is maintained at 37°C for optimum efficiency. In July 2009, incentives were announced by the Serbian Government to encourage investment in renewable sources of energy. This will result in a very favourable price for power generated from renewable resources in comparison to power generated from oil or gas. Dr. Pearse Lyons, president of Alltech said, “One of the greatest challenges society faces today is our over reliance on diminishing natural resources. This facility will ensure that Alltech is pioneering the way forward in energy generation and conservation. It reflects Alltech’s core values presented in the ACE principle – safe for the Animal, beneficial to the Consumer and its positive impact on the Environment.” According to Mr. Tibor Ujvari, general and operations Manager of Alltech’s facility in Senta, “This project combines five technologies to produce the best possible end-result for the environment. It will be a benchmark for future technologies in industrial water treatment. It further underlines the significant economic and environmental impact that Alltech is having on the region.” The plant which is located in Senta, was opened in 1981, and has the capacity to produce over 8,000 tonnes of yeast a year. It employs over 240 staff in the region and is the manufacturing facility for the company’s proprietary yeast products. Alltech also supplies speciality food grade yeast extracts for Advanced Yeast Technologies a newly formed joint venture with global trading company Mitsui and Japanese brewer Asahi Brewers.
Photo caption from left to right: Pictured celebrating the opening of Alltech’s new, state-of-the-art effluent treatment plant in Serbia are Dr. Bojan Pajtić, current prime minister of the Autonomous Province of Vojvodina, Serbia; Dr. Pearse Lyons, President of Alltech and Mr. Zoltan Pek, The Mayor of Senta.
This page was last updated on 14 Januar, 2010
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