This Singapore startup is using insects to turn trash into treasure
#1

Think someone (maybe me) posted about this company in the previous sgtalk a few years back. Here's an updated news on the company.


Story by Milly Chan and Anagha Subhash Nair; Video by Milly Chan, CNN Business

Updated 1639 GMT (0039 HKT) August 30, 2021



(CNN Business)Singapore-based farmer Chua Kai-Ning spends a lot of her day making sure that her animals are well fed and growing fast.

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Chua and her partner, Phua Jun Wei, founded startup Insectta in 2017. They are battling Singapore's food waste crisis with the help of an unlikely ally: the black soldier fly larva. 

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Chua said the company feeds the black soldier fly maggots up to eight tons of food waste per month, including byproducts received from soybean factories and breweries, such as okara and spent grain.

Insectta can then flash dry the maggots into animal feed, and turn the insects' excrement into agricultural fertilizer.

While there are plenty of companies using insects to manage waste, including Goterra, Better Origin and AgriProtein, Insectta is extracting more than agricultural products from black soldier flies. With funding from Trendlines Agrifood Fund and government grants, Insectta is procuring high-value biomaterials from the byproducts of these larvae.

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One of these biomaterials is chitosan, an antimicrobial substance with antioxidant properties sometimes used in cosmetic and pharmaceutical products.




https://edition.cnn.com/2021/08/29/busin...index.html
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#2

dried bsf maggots very marketable, pet birds and chickens love to eat them. a 250g pack costs $15
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#3

the farmers in china have been doing this many many years ago.
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#4

Not unicorn enuf

There is no right or wrong decisions. 
One only has to bear the consequences that one makes  Big Grin
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#5

This type of unsexy under-the-radar business are the most profitable. Not unicorn, nevermind.
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#6

(05-09-2021, 12:29 PM)WhatDoYouThink? Wrote:  dried bsf maggots very marketable, pet birds and chickens love to eat them. a 250g pack costs $15

People with pet birds are willing to pay a high price for their pet's consumption..
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