September 25, 2006

CJ Corp's new feed plant commences production in northeastern China

CJ (Harbin) Feed Company Limited, wholly owned by South Korea's CJ Corp, commenced production on Sep 19 in China's north-eastern city of Harbin. Costing some US$5 million, the plant is the ninth to be built by the South Korean conglomerate in China.

CJ Corp started producing animal feed in 1973. Since then, it has become the no. 1 feed producer in South Korea with an annual output of one million tonnes.

Construction of the company's Harbin plant began in Jul 2005. Using high-tech production methods developed by CJ, the plant will produce 5,000 tonnes of livestock feed monthly, including hog and ruminant feed, and these products will be marketed in the north-east as well as other regions in China.

RMB1=US$0.126 (Sep 25)