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American-Australian Alternative Dairy Company change food Announced plans to open a manufacturing facility for animal-free casein in Abu Dhabi, United Arab Emirates (UAE).
“We are delighted to welcome Change Foods to the UAE and further contribute to the country’s food technology ecosystem“
The company revealed that it had signed an agreement with the Kezad Group to design a commercial factory with government support Next Generation FDI Initiative.
David Bucca, Founder and CEO of Change Foods, commented: “We are honoured to be part of the UAE’s NextGen FDI programme and appreciate the strategic partnership with Kezad Group.”
“The next generation of foreign direct investment is prioritizing the successful rollout of new sustainable food technologies like ours that provide significant environmental and economic development benefits. Our company’s vision is to help the world to A more sustainable food system transformation, the strategic alignment behind this vision was clear from the start,” he added.
The region’s first animal-free casein plant
Change Foods said the new facility would be the “first” in the region to produce the animal-free casein needed to make cheese. Its strategic location in the Persian Gulf will provide a shipping and distribution network between the Middle East and Asia Pacific.
Sani bin Ahmed Al Zeyoudi, UAE Minister of State for External Trade, said: “We are delighted to welcome Change Foods to the UAE and further promote the country’s food technology ecosystem, which will help reduce our Dependence on imports, increasing local production and stimulating further innovation.”
Category breaks on track
Change Foods is focused on disrupting the dairy cheese industry, which, according to the company, is an $83 billion global food category and one of the most popular in the world. As part of this mission, change food improve It raised $15.3 million in seed funding in February, the largest ever raised for a precision fermentation company.
change food Its casein is claimed to be bioidentical to conventional dairy products, but because it is completely animal-free, its environmental impact is a fraction of that of animal-derived dairy products.
“Raising animals for food is an inefficient and resource-intensive process that contributes significantly to global greenhouse gas emissions,” Buka said. “We think we can bring a positive transformational impact to this dynamic and growing industry. This will be a great example of how the adoption of new technologies can help us overcome regional food security challenges,” he continued.
The company also shared that it is in the final stages of closing a bridge financing round.
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