Malaysian poultry supplier and producer Leong Hup International Bhd’s Vietnamese subsidiary, Emivest Feedmill Vietnam, plans to inaugurate its fourth and one of the most advanced animal feed mill next month, as the company aims to capture a bigger share of the livestock industry.
The new facility, costing more than $20 million, will boost Emivest Feedmill Vietnam’s animal feed capacity by 285,000 tonnes a year in its first phase of operations.
A second-phase expansion will boost the plant’s maximum capacity to 427,000 tonnes a year. The new feed mill plant will also increase the company’s revenue growth.
The new plant, coupled with production improvements at existing facilities, will lift the company’s total capacity in Vietnam to 1.5 million tonnes a year. Last year, the business in Vietnam contributed $251 million, or 18 percent of Leong Hup’s total revenue.