March 20, 2012
Cargill eyes to become animal feed top producer by 2015
With expected annual output of 1.5 million tonnes, Cargill Vietnam has projected to become a top producer of animal feed in the Southeast Asian country by 2015.
Currently, the firm, which is among the three biggest producers of animal feed in Vietnam, has a yearly output of 750,000 tonnes.
Cargill Vietnam will inaugurate on March 22 an US$18 million animal feed capacity of 240,000 tonnes/year in the northern province of Ha Nam, totalling its animal feed processing plants in the country nine.
The firm is operating Premix Plant in the southern province of Bien Hoa, Shrimp Feed Plant in the southern province of Tien Giang, and other seven plants in southern provinces of Dong Nai, Long An, Dong Thap and Can Tho, the central province of Binh Dinh, and in two northern provinces of Ha Nam and Hung Yen.
With an assistance of Nutrition Research Center of Cargill in Minnesota, Cargill Vietnam was established in 1995, right after Vietnam and the US normalised diplomatic relations. It provides high-quality products for Vietnam''s market.
With international shipping fleet, the firm set up a supply system for grains and oil-containing grains, becoming one of the five largest suppliers of soy and soy products for animal feed production, wheat, sugar and other farm produce in Vietnam.
Since 2004, Cargill Vietnam has participated in purchase, process and exports of cocoa, fish oil and pangasius fish to the Netherlands, the Philippines and the US. From 2008, it has provided a number of materials and additives for food and foodstuff processing industry in Vietnam.
Cargill Vietnam''s business also stretches to steel manufacture in the communist country.