Out Of The Circle! Two Major Chemical Giants Raise Pigs Across Borders!

Jul 22, 2020

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Yesterday, at the press conference of an intelligent pig raising company, it was stole the limelight by two international chemical giants-BASF and Evonik.

On July 20, the intelligent pig farming company Ruihu Technology held a press conference to announce that the company had completed the A+ round of financing. This round of financing was led by Shenzhen Zhongnong.com, and two German chemical companies BASF and Evonik followed up.

Pig breeding is an important global market, and the global annual demand for pork is about 1.4 billion.

In 2019, affected by the "African Swine Fever", my country's slaughter and pork production both declined year-on-year, with 544 million pigs slaughtered and 42.55 million tons of pork produced.


Faced with such a huge market, in this era when digital and intelligent development is in full swing, this field is bound to give birth to intelligent service providers.

Rui Hu Technology, established in Singapore in 2014, uses AIoT technology to establish a complete set of individual pig data collection systems, and uses the collected data to analyze and predict possible problems in breeding. Breeders can continuously monitor the status of livestock in scenarios such as medication selection, feed adjustment or diseased animal isolation, and take quick and effective actions to improve the standardization and intelligence of breeding.


Regarding the participation of the two chemical industry giants, Lan Song, the executive president of Ruihu Technology, said that the two companies are also deploying the livestock industry and producing feed additives and other products, and there is a lot of room for cooperation. "For example, whether feed additives such as amino acids are effective for animals can be verified by our equipment. Compared with traditional breeding methods in the past, the growth curve of pigs can be easily obtained by using sensors and camera systems to understand the effects of additives. The application effect will guide the optimization of feed formula."

Currently, BASF's business in the fields of agriculture and animal husbandry involves animal nutrition, safety, and environmental protection solutions.

Among them, feed additives include vitamins, carotenoids, enzyme preparations, and organic acids, which can effectively improve feed quality and help farmers improve feed utilization.

Products such as heat-reflective coating film, pest prevention and control, polyurethane floor, and polyurethane building anticorrosive materials are also used in pig houses and cow houses, which can provide a better and hygienic breeding environment for livestock.


 From the perspective of the two giant companies, in addition to business relevance expansion, under the background of technological change, companies need to adopt an open innovation attitude, and corporate venture capital is an important tool among them.


Li Li, Investment Director of BASF Venture Capital, said: “BASF Venture Capital has been constantly exploring the possibilities of technology-enabled agriculture. For example, we invested in the Swiss start-up ecoRobotix, which provides new ideas for crop weeding-through vision The combination of technologies such as identification, autonomous driving, and renewable energy has achieved precise application of pesticides and greatly reduced the use of pesticides. It has helped farmers improve working conditions and better protect the environment. BASF will continue to focus on various changes in related fields for Customers provide high-quality technical solutions.


Zheng Daqing, Senior Vice President of Business and Market Development of BASF Greater China, said that in the past period of time, despite the increasing uncertainty in the macro trading environment and the decline in demand from key customers due to the global epidemic, BASF's business in China remains resilient. , Is still optimistic about the development prospects of the Chinese market, and will continue to increase the pace of investment.


Cao Erning, Investment Director of North Asia at Evonik Ventures, said: “Precision animal husbandry is the future of the sustainable animal protein product value chain. As one of the pioneers in intelligent pig breeding, Ruihu Technology has established partnerships with Evonik in many fields. Synergies. We hope to use this investment to combine animal nutrition and health management concepts with sustainable animal husbandry methods. Evonik will share its experience and advantages in global animal nutrition and precision animal husbandry, and work with Ruihu Technology to work together Promote the development of the intelligent pig breeding industry. Evonik will continue to communicate with Ruihu Technology, develop new products and applications, create more value for breeding companies and consumers, and promote the sustainable development of the livestock industry."

Source: Mobile Public Account

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