POST Online Media Lite Edition



 

Russian company to launch cell-based meat in 2025

Christian Fernsby |
Scientists at the Russian steMeat company keep working on the technology for producing meat from animal cells.

Article continues below




The company aims to enter the market with this product in 2025. This was announced by Danil Maklakov, founder and CEO of the company, at the DeepFoodTech international conference hosted by the EFKO Group.

He mentioned that there are no plans to sell the meat under the company’s brand but only to cultivate it for other companies. He claims that scientists at steMeat have mastered the technology that allows them to grow meat from any type of animal cell.

Currently, the cost of producing cultivated meat in Russia is estimated at 1,780 rubles per kg. The expert noted that it is significantly cheaper than that of US companies due to the difference in the cost of the growth medium. Russian developers believe that the cost of production may be reduced even more with large production volumes.

The production process takes 21 days. 1 gram of cells is enough to produce 400 grams of meat. “In fact, the production technology hasn’t been changed in any way. It includes the first step of isolating cells, their multiplication in a bioreactor, and the consequent isolation of the product,” said the CEO.


What to read next

Poland maintains its leading poultry position in EU
Meat prices in Dutch shops up 3.8 percent
Poland: Inspections on pork market conducted by President of UOKiK

New Zealand to add 100 new public EV chargers to national network

 
The public EV charging network has received a significant boost with government co funding announced for over 100 EV chargers across New Zealand, and many planned to be up and running on key holiday routes by Christmas this year.
 
 

Latest

Northvolt to open battery facility in Quebec, create up to 3,000 jobs
Highlights: September 25, 2023 - September 29, 2023
California Governor: We don't have money for striking workers' checks
Indian spacecraft heads towards center of solar system

NEWS

More seaborne cigarette smuggling foiled in Hong Kong

Bulgaria: Energy workers, miners continue protests on Sunday, demand Energy Minister's resignation
IAF helicopter makes emergency landing in Bhopal after technical glitch
Plane crash kills 6 in Zimbabwe
U.S.: Heavy rain in Florida; dry, windy conditions in Central Rockies
6 miners killed, 15 trapped in collapse of mine in Zimbabwe
 

BUSINESS

3 cargo vessels left Ukrainian ports, 4 new ones to arrive

EU launches first phase of world's first carbon border tariff
First commercial flight from Libya to Italy in almost 10 years takes off
Bangladesh gets fuel for first nuclear power plant from Russia
IMF approves $1.3 billion for Morocco
U.S. drillers cut oil and gas rigs to 623
 

Trending Now

California Governor: We don't have money for striking workers' checks

IAF helicopter makes emergency landing in Bhopal after technical glitch

Bulgaria: Energy workers, miners continue protests on Sunday, demand Energy Minister's resignation

Foreign Ministry: Africa interested in placement of Ukrainian arms production on its territory


POLITICS

Foreign Ministry: Africa interested in placement of Ukrainian arms production on its territory

Ontario raising minimum wage October 1
Hungary: Migration Pact has failed, we will not set up migrant ghettos
Saudi Arabia to build nuclear plant in cooperation with IAEA
Türkiye to export natural gas to Moldova
France’s Le Maire says EU must stop aiding China, U.S. factories
 

Today We Recommend

France’s Le Maire says EU must stop aiding China, U.S. factories


Highlights 

Northvolt to open battery facility in Quebec, create up to 3,000 jobs

AGCO will acquire an 85% interest in Trimble’s portfolio for $2.0 billion

Nel Hydrogen to build gigafactory in Plymouth Township bringing 517 jobs to Michigan


COMPANIES

UAW adds GM, Ford SUV plants to strike

Apple's iPhone 12 safe to use in France, regulator says
China Evergrande Group’s chairman under probe over ‘illegal crimes’
LEGO to invest $146m in Hungary creating 300 jobs
Unite seals new and improved pay deal for Greencore
Norway's data regulator brings Meta privacy case to EU level
 

CAREERS

AAX Biotech names new CEO

65 Equity Partners appoints two senior partners
Krank appoints David McCarthy as global head of sales
Lithium Energi Exploration appoints Jason Nalewanyj as CFO
High Liner Foods appoints Paul Jewer as interim CEO
BP CEO resigns over personal relationships with colleagues, Auchincloss new interim CEO
 

ECONOMY

Canada's economy stalls in July

IMF expects China to meet 2023 growth target
Bahrain imports rise 3% to $1.4 billion
Vietnam's GDP up 5.53 pct in Q3
Germany: Import prices 16.4% lower in August 2023 compared with August 2022
German economic institutes slash 2023 forecast to minus 0.6 pct
 

EARNINGS

Accenture Q4 revenues $16.0 billion

CarMax Q2 revenues $7.1 billion
BlackBerry Q2 revenue $132 million
Nike Q1 profit $1.45 billion
Jefferies Q3 earnings $51 million
S&W Seed revenue $73.5 million
 

OP-ED

Micromanaging is the worst enemy of efficiency and teamwork

Niger set to monetize massive gas reserves through Saharan natural gas pipeline
Putting the brakes on EV folly that choked the market
Oil discovery in Kavango Basin may mean huge benefits for Namibians
Cape Town and Dubai battle over Africa's energy future
Is America going to lose its superpower status?
 

AGRIFISH

Half of food products in Spain become more expensive despite price caps

Hundreds of Dutch farms grappling with bluetongue virus
Lukashenko presents his vision of village of future
Governments investing in Ontario's maple syrup sector
China permits Russian pork supplies to its market
Spotted lanternfly identified in Illinois
 

LEADERSHIP

Handsome bank CEOs can earn a million more than their less attractive colleagues

Investors less likely to sell losing stocks when entire portfolio is at loss
How managers can encourage employees to share their best ideas
More than 50% of software leader roles will explicitly require oversight of generative AI
Gartner survey: Half of candidates accepted job offer and backed out before starting
Educational bootcamps can help people switch careers, says study
 

CRIME

Albemarle to pay SEC more than $103 million to settle FCPA violations

SEC charges Electric Vehicle for misleading revenue projections ahead of SPAC merger
Exelon to pay $46.2m penalty to settle SEC fraud charges
Dufresne to pay $3.25 million penalty to settle Competition Bureau Canada concerns over marketing claims
New York judge found Donald Trump liable for fraud, effectiely kills his business in state
Deutsche Bank subsidiary DWS to pay $25 million for anti-money laundering violations and misstatements
 

Magazine

TRAVEL

500 exhibitors coming to Watch and Jewellery Middle East Show

Iconic Buffalo Roundup in South Dakota
Urban(R)Evolution, celebration of graffiti art
151 room Taj the Trees hotel opens in Mumbai
Festival of films made by kids returns to Blatimore, Md.
World's glass blowing artists will come to Jack Pine Glass Pumpkin Festival
 

SEA, LAND, AIR

Bentley Bentayga, ultimate luxury and chiropractor

Indian Chief, homage to glory days of American motorcycling
Ares Modena S1 is real take on Corvette
Toyota to launch new Century in Japan
Alfa Romeo 33 Stradale, pure beauty with 750 hp
Grand Soleil 40, fast and responsive boat
 

DESIGN

What to do and what not to do when designing your living room

Yves Delorme, luxury linen for kings and you
Graff, obsession with perfection
Ballerina kitchens, the dance of style and function
Big ideas for small interiors
How to choose colors for your walls
 

GADGETS

Hegel H600, powerhouse 303 watts amplifier

Tecno Phantom flip phone, great device you shouldn't touch
HP Spectre Foldable PC, interesting laptop but $5000 for it is way too much
Deutsche Telekom Fairphone 5, sustainable and ethical smartphone you can repair yourself
Canon MS-500, ultra sensitive camera for professionals
Nikon Z 8, full frame mirrorless camera for professionals
 

HEALTH

Dengue vaccine tests successful for first time in Bangladesh

Large study confirms Tetris helps women after traumatic birth
EMA recommends non-renewal of authorisation of multiple myeloma medicine Blenrep
Iran breaks U.S. monopoly in production of stroke medication
GSK’s Arexvy RSV vaccine approved in Japan for adults aged 60 and above
Americans to get free COVID-19 test
 

MEANTIME

China unveils its Moon plans

Milky Way mass much smaller than expectations from cosmology
CERN says antimatter responds to gravity
Arctic sea ice sixth lowest on record
China launches its latest remote sensing satellite
Berlin plans to plant 500,000 trees in autumn