ASIA – The grain trading and agricultural merchandising company, Cargill has opened a new US$28 million feed mill in Binh Duong, Vietnam, its 12th animal nutrition facility in the country.
According to Cargill, the facility is its largest, most technologically advanced and innovative in the country, strategically positioned to serve livestock farmers in South Vietnam.
With an annual capacity of 240,000 MT, the 48,000 square meter feed mill produces a wide portfolio of poultry and swine feed.
A large portion of the plant’s operations are automated, allowing for increased operational efficiency and an enhanced customer experience, providing excellent service for a wide range of demands, said the company.
“Our customers expect us to keep innovating and adding value to their products and services.
This new feed mill enables us to better serve our customers with advanced technology and safe, high-quality animal feed,” said Philippa Purser, group director, Cargill Feed & Nutrition.
“This new facility gives us a platform for the co-prosperity of both Cargill and the livestock industry as we work with the government, local communities and partners to help build a sustainable feed industry with a long-term future in Vietnam.”
A research from The Economist Intelligence Unit (EIU) highlighted that meat, dairy and fish consumption is already driving higher protein intake in southeast Asian countries, particularly Vietnam, along with Myanmar and Indonesia.
In Vietnam particularly, animal protein consumption is on the rise in line with the country’s rapid economic growth and regional trends.
The national feed market is expected to grow about 3% annually and it remains the largest commercial feed market in ASEAN (Association of Southeast Asian Nations).
Nguyen Xuan Duong, general director of the Department of Livestock Production, Ministry of Agriculture and Rural Development, said: “Cargill feeds have been recognized and trusted by animal farmers and producers for high quality and safe food.
The opening of Cargill’s 12th animal protein plant will help Cargill grow, along with Vietnam’s feed industry.
I would like to recognize Cargill and highly appreciate the company’s valuable contribution to the development of Vietnam’s livestock production sector in the past years.”