In June, we reported on a development within the cultivated meat space, which has proven to be one to watch. A big question within the industry is whether production really has the ability to reach commercial scales in the foreseeable future.
JBS announced that it has broken ground in San Sebastian, Spain, on its first commercial-scale cultivated meat production facility. The $41 million facility is expected to produce more than 1,000 metric tons of cultivated meat per year, with the potential of expanding to 4,000 metric tons of production.
The facility is expected to open by mid-year 2024. It will be owned by BioTech Foods, a cultivated meat firm with JBS as the majority shareholder.
The plant will be built on a 215,000-sq-ft plot of land to allow its expansion and increase its production capacity to meet growing consumer demand. The facility will include bioreactors and technology adapted to produce cultivated protein. JBS also is planning to build a $60 million biotechnology and cultivated protein R&D center in Brazil.
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JBS Building One of World’s Largest Cultivated Meat Plants
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