CPF to build better swine farm complex
THAILAND - Charoen Pokphand Foods (CPF), the SET-listed flagship of the agribusiness conglomerate CP Group, has announced a plan to build a new farm complex to beef up its swine business to serve domestic and overseas markets.
The new complex would enable CPF to integrate its production _ from feed production to pig farms that also include grandparent and parent stock farms and a processing plant, according to executive vice-president Virachai Ratanabanchuen.
The cost of the new investment is not yet finalised but Mr Virachai said it could be worth several billion baht. The meat complex will be the second major investment by the firm in recent years.
CPF last year completed a four-billion-baht integrated poultry complex in Pak Thong Chai, Nakhon Ratchasima, enabling it to double the production of cooked chicken to 120,000 tonnes.
According to Mr Virachai, CPF now slaughters about 1,200 pigs per day for the domestic market, to be increased to 1,600 pigs this year. The additional supply would be turned into processed pork for exports, mainly to Japan.
Source: Bangkok Post
The cost of the new investment is not yet finalised but Mr Virachai said it could be worth several billion baht. The meat complex will be the second major investment by the firm in recent years.
CPF last year completed a four-billion-baht integrated poultry complex in Pak Thong Chai, Nakhon Ratchasima, enabling it to double the production of cooked chicken to 120,000 tonnes.
According to Mr Virachai, CPF now slaughters about 1,200 pigs per day for the domestic market, to be increased to 1,600 pigs this year. The additional supply would be turned into processed pork for exports, mainly to Japan.
Source: Bangkok Post