May 29, 2017

Cargill to boost South Korean feed capacity to 2.7 million yearly by 2025

Cargill Inc. plans to increase its animal feed production in South Korea by 2025 as it seeks to become a major player in the country, Reuters reported.

As part of the expansion, Cargill Agri Purina, a South Korean unit of Cargill, will -- from 1.6 million tonnes -- raise its total animal feed output capacity to 2.7 million tonnes yearly by 2025, the company said.

"The company will build on its position as one of the leading players in the Korean livestock market and aims to double its market presence by 2025," a press statement announced.

Cargill Agri Purina operates four plants in South Korea, processing corn, wheat and soybean meal to produce animal feeds, mainly for the South Korean market.

- Reuters