09 Jun 2023 --- JBS is constructing a cell-based beef facility in San Sebastián, Spain, to diversify its meat portfolio and accelerate cell-based innovation amid growing global protein demand. The plant, which will cost around US$41 million, is expected to be operational by mid-2024 and will reportedly be the largest of its kind in the world. The facility is part of a joint venture between JBS and BioTech Foods, a Spanish company that specializes in cultivated protein and in which JBS holds a 53% stake. The plant will have an initial production capacity of over 1,000 metric tons per year, which it says could increase to 4,000 metric tons per year in the future.
