THAILAND: Cargill to expand Korat poultry complex
Cargill plans to expand one of its plants in Thailand
Cargill has announced plans to expand its integrated poultry processing operations in Thailand.
The company said yesterday (8 June) that it plans to invest some THB3.3bn (US$110m) in expanding its Korat processing complex.
The expansion will include a primary processing plant, an expansion of the existing hatchery and new breeder farms. A new feed mill with an annual poultry feed production capacity of 360,000 tons will also be built.
The project is set to take approximately two years to complete, will increase Cargill's total annual production capacity of cooked poultry products in Thailand by approximately 24,000 metric tones and create approximately 2,000 new jobs.
"Cargill is one of Thailand's largest exporters of cooked poultry products, and we are proud to contribute to Thailand's economic growth through expanding our export of food products, said Cargill Thailand president Prasit Maekwatana.
"I want to thank the Thailand Board of Investment for their cooperation and support of this expansion. We have received a great deal of support from the Thai government to allow us to continue to grow in Thailand."
Logistics companies, far from being simple hauliers, have adapted to meet the increasingly complicated and specialised needs of customers in the food manufacture and retail spheres, such as tracking a...
Two potentially significant policy developments emerged last week - the EU approved the use of the sweetener stevia in food and drink products, while Russia moved nearer to finally joining the WTO....
India's plan to relax restrictions on foreign investment in its retail sector continued to generate fierce debate this week. Two other contentious issues - the EU health claims process and the true po...
A coalition of US sugar processors and refiners have filed fresh legal action against member companies of the Corn Refiners Association (CRA) over "deceptive marketing" of high fructose corn syrup (HF...
US agribusiness giant Cargill has confirmed it is "seriously considering" re-entering India's packaged food industry with cereals and other staple food products....
French sugar firm Tereos has formed a partnership with PureCircle to develop stevia products following the European Commission's approval of the plant-based sweetener....
Another week dominated by results, notably Marks and Spencers, Associated British Foods and Barry Callebaut. A story that broke late this week and could have severe repercussions is the approval of sw...
- Danone's Q1: four things to learn
- Who will buy Danone's Stonyfield business?
- Nestle Q1 update: four things to learn
- Interview: Sir Kensington's on sale to Unilever
- Column: Why snacking is the new meal
- Nestle to cut UK confectionery jobs
- Tyson shops Sara Lee bakery, Kettle and Van's
- PepsiCo affirms full-year target as Q1 hits mark
- Icelandic to sell Saucy Fish Co. owner Seachill
- Tyson to buy burger-to-entree firm AdvancePierre