October 24, 2018
Cargill opens 12th, its largest, feed mill in Vietnam
Cargill has opened a new US$28 million feed mill in Binh Duong province to better serve livestock farmers in South Vietnam. The mill is Cargill's 12th animal nutrition facility in the country, its largest and most technologically advanced.
Binh Duong provided a strategic location for Cargill to open this feed mill, due to its prime location, the province's strong push to modernise its local agriculture industry, its move towards sustainable farming and its strong support for agriculture infrastructure development.
"Our customers expect us to keep innovating and adding value to their products and services. This new feed mill enables us to better serve our customers with advanced technology and safe, high-quality animal feed," said Philippa Purser, group director, Cargill Feed & Nutrition. "This new facility gives us a platform for the co-prosperity of both Cargill and the livestock industry as we work with the government, local communities and partners to help build a sustainable feed industry with a long-term future in Vietnam."
At an opening ceremony attended by 400 guests including local government officials, rural communities, customers, partners and employees, Nguyen Xuan Duong, general director of the Department of Livestock Production, Ministry of Agriculture and Rural Development, said, "Cargill feeds have been recognised and trusted by animal farmers and producers for high quality and safe food. The opening of Cargill's 12th animal protein plant will help Cargill grow, along with Vietnam's feed industry. I would like to recognise Cargill and highly appreciate the company's valuable contribution to the development of Vietnam's livestock production sector in the past years".
The 48,000 square-metre feed mill produces a wide portfolio of poultry and swine feed, and has an annual capacity of 240,000 tonnes. As Cargill's largest and most innovative feed mill in Vietnam, a large portion of the plant's operations are automated, allowing for increased operational efficiency and an enhanced customer experience.
Animal protein consumption has been increasing in Vietnam and the trend is expected to continue in line with the country's rapid economic growth and regional trends. After recovery from the recent market turbulence caused by large pork oversupply during the last two years, Vietnam's national feed market is expected to grow about 3% annually and it remains the largest commercial feed market in ASEAN. Meat, dairy and fish consumption is already driving higher protein intake in southeast Asian countries, particularly Vietnam, along with Myanmar and Indonesia, according to research from The Economist Intelligence Unit (EIU).
The research by EIU also reported that food safety concerns are accelerating the shift of preference towards healthier animal protein in countries like Vietnam. "Our uncompromising approach to feed safety, ingredient quality and product integrity gives us strong confidence to expand our investment to provide more healthy feed to serve the local farming industry and serve local consumers," said Purser.
