October 8, 2019
Singapore joint venture to set up facility that can process 16,000 chickens per hour
Singapore Poultry Hub, a joint venture based in Singapore, will be establishing the city-state's first smart and green factory with a S$40 million (US$29 million) loan from local bank United Overseas Bank (UOB), The Straits Times reported.
The 29,384 square metre factory will enable Singapore Poultry Hub to increase production by 26% and capacity by 70%, both firms said in a media statement on October 7.
The hub is a joint venture between Tan Chin Long, controlling shareholder of Boong Poultry, and four poultry producers and processors - Tong Huat Poultry Processing Factory, Kee Song Holdings, Sinmah Holdings and Tysan Food.
Through cooperation with its partners, Singapore Poultry Hub will utilise smart applications including robotics, Industry 4.0 technologies and Internet of things at its factory.
Augmented with a new waste management system which cuts down waste generated by poultry processors, the facility is capable of processing 16,000 chickens per hour. Poultry waste could be converted into protein through the system. This could be used as an alternate ingredient for livestock feed, thus improving sustainability of plant operations by reducing waste by 60 tonnes a day.
"We recognise the need to use technology to ensure our competitiveness in the long term," said Joseph Heng, CEO of Singapore Poultry Hub.
"As a small and medium-sized enterprise making an investment of this scale, we needed the support of a banking partner who could not only provide us the financing required but advise us on the most relevant financial solutions for our needs."
- The Straits Times