Cauldron Ferm to Develop Asia-Pacific’s Largest Precision Fermentation Facility Following Queensland Government Support
Australia’s Cauldron Ferm announces that the Queensland Government, through its Industry Partnership Program (IPP), will support the development of the ‘Cauldron Bio-fab’, a precision fermentation facility in Mackay. The facility will be the first and largest end-to-end contract manufacturer for bioproducts in Asia-Pacific, with a projected annual output of over 1,000 tons. It will deploy Cauldron’s hyper-fermentation technology for cost-effective and resource-efficient production of alternative proteins and widely used petrochemicals for multiple sectors. Co-founder and CEO Michele Stansfield shares, “We are honored to be receiving support from the Queensland Government to develop our first industrial-scale operations in Mackay. This funding enables us to scale our innovative technology as a major milestone in our journey to redefine the scope of biomanufacturing.” Reaching price parity Cauldron aims to …