CJ opens $18.3m feed ingredient manufacturing factory

Friday, Nov 11, 2016 10:36

Global conglomerate CJ Group on November 10 launched a new factory producing feed ingredient in southern Ba Ria Vung Tau Province. — VNS Photo

Global conglomerate CJ Group on November 10 launched a new factory producing feed ingredient in southern Ba Ria Vung Tau Province.

The US$18.3 million facility will house select manufacturing operations for feed ingredients, such as fermented soybean, the company said in its press release.

The 45,466sq.m. factory's production technology has been wholly imported from Korea, which helps manufacture an estimated 22,000 tonnes per year for both local demand and exports.

“The new factory is equipped with high-tech facilities, which ensure quality of the product.

Thus, it would be supportive to farmers in their livestock feeding, thereby increasing profit,” Chang Bok Sang, CEO of CJ Group Vietnam, said.

“The substantial investment in building a new factory demonstrates strongly our long-term commitment to Viet Nam and the group’s desire to play a part in contributing to the agricultural growth of the country,” Chang said. - VNS

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