DENMARK: MINISTRY AGAINST DIOXIN LIMITS

Article Abstract:

The Danish Food Ministry is against the latest proposal by the European Commission aimed to limit the levels of dioxin in animal feed to 2000 pictogram (pg) dioxin/one kilo of fat in fish oil and fish. The Ministry fears that the new limits would completely ruin the Danish production of fish meal and fish oil, which is used as animal feed for pigs, chicken and fish. So far, not enough is known about the correct limits and it would be foolish to set the limits so low as to put the whole fish meal industry at risk. Denmark recently imposed a bank on the import of dioxin-contaminated Belgium foods.

European Union, Product quality, International economic relations, Use of materials & supplies, Pesticide and Other Agricultural Chemical Manufacturing, Dioxin, Dioxins

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Denmark: KFK to double its value in five years

Article Abstract:

Jan Stranges, the new ceo of Aktieselskabet Korn - og Forderstof Kompagniet (KFK), that produces feedingstuffs, seeds and fertilisers, aims to double the value of the company within five years. This means DKr3bn (US$361mn). KFK's share price has gone down from DKr175 in March to DKr136 today. The company reported an operating loss of DKr46mn in 2000 and can expect to achieve zero growth this year.

Sales, profits & dividends, Agricultural Chemicals, Nursery and Floriculture Production, Fertilizer Manufacturing, AGRICULTURAL PRODUCTION--CROPS, Fertilizers, Seeds, Flowers & Bulbs, Horticultural products

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CHILE: KFK BUYS ECOFEED SA

Article Abstract:

BioMar A/S, the Danish fish feed group, owned by Korn- og Fodestof Kompagniet (KFK), is to buy half of Ecofeed SA, the Chilean company that produces salmon feed. If this deal materializes BioMar will have production in every important area within fish farming.

Asset sales & divestitures, Chile, BioMar A/S, Biomar, KFK BUYS ECOFEED SA

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