Giles Shih - President and CEO of BioResource International발음듣기
Giles Shih - President and CEO of BioResource International
We're a agriculture/biotechnology company based in the RTP area, Research Triangle Park in North Carolina.발음듣기
We have a natural feed supplement that we had developed in collaboration with NC State, North Carolina State University.발음듣기
What it does is it helps supplement the animal's natural digestive enzymes to get more nutritional value out of their feed.발음듣기
We started the company with the idea of commercializing these enzymes for poultry and for our pig animal feed applications.발음듣기
As long as there are people eating more chickens and pigs around the world, we see that a lot in the developing countries, in the emerging countries, we have huge opportunities overseas.발음듣기
Basically, they're healthy, sustainable poultry production because it's a natural supplement, it's not a antibiotic, it's not a hormone.발음듣기
Then we have a mixing facility and packaging facility in North Carolina where we mix and blend and package the final product.발음듣기
Our customers would be the Purdues and Tysons of the world, and the Smithfield's, the ones that are growing poultry and growing swine.발음듣기
What they do is they add the product as an additive about one pound per ton of feed, or half a kilo per metric ton in their feed mills where they're mixing corn and soybean and other rations, and then deliver it to the farms that way.발음듣기
We sell our product into Brazil, into India, eventually into China; huge populations that have a need for growing more poultry and swine.발음듣기
If you can help them grow a chicken or a pig at pennies less per pound, then they're interested.발음듣기
That's what you lead with, but then what we also say is there's an added benefit here because if your chicken or your pig digest the feed better, they're going to pollute less and therefore you're going to have less issues with the environment.발음듣기
We've done studies to show when you use our enzyme, you can lower the nitrogen that's excreted as a byproduct because the animals digest their food better.발음듣기
People want to have healthy poultry that they know have been grown without the use of artificial products, and we think that we can be part of that long term solution. These things don't change overnight.발음듣기
In India and China, they have to be more resourceful and find ways to grow their chickens and pigs economically, sustainable and environmentally sustainable ways.발음듣기
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