Cargill Opens New Feed Plant in Vietnam
On May 28, Cargill officially opened its new US$8.5 million animal feed plant in the Nam Cam Industrial Zone, Dong Nam Economic Zone, Nghi Loc district, Nghe An province of Vietnam. The facility will have a capacity of 66,000 tons of feed per year to supply customers safe, high quality feed that will maximize production and result in a higher level of safety along the country’s food supply chain.
“Vietnam is one of our best performing markets in our animal nutrition business globally,” said Sarena Lin, president of Cargill’s global feed and nutrition business in a company statement. Counter to a general slowing of economies in Southeast Asia, Vietnam has seen a growing of its economy. And despite a current drought, Cargill views the market as a promising region of growth in the long term.
“We will continue to invest in our animal nutrition business and the opening of our plant in Nghe An is testament of our commitment,” said Jorge Becerra, country representative and managing director of Cargill’s feed and nutrition business in Vietnam.