3rd Global Feed Summit
29-30 Nov, 2017 - Bangkok
Sofitel Bangkok Sukhumvit
BioMar and Tongwei Launch New Extruded Feed Line and Warehouse in Southern China
Posted on : 02 Nov, 2017
After acquiring 100% shares in fish feed company Haiwei in November 2016, BioMar Group and Tongwei Group have now started an extruded feed line and warehouse at the Haiwei plant in southern China.
The plant is located in the Pearl River Delta that has a large production of Japanese sea bass and snakehead, among other species. Haiwei has a good reputation among fish farmers and the JV will leverage on the Haiwei brand.
The new extruder line is part of an upgrade of the factory that has replaced older equipment with more efficient technology. With the plant expansion, it has now three extruded feed lines. The joint venture is expected to leverage on the know-how in high performance, environmentally-friendly diets for the species grown in the Delta area.
BioMar-Tongwei aims to serve the high performance feeds to the Chinese market – with this year’s estimates of selling around 60,000 metric tons.
BioMar fish feed is already being produced in Chengdu in South Central China and a new factory is being built in Wuxi area, nearby Shanghai, with an initial capacity of 50,000 tonnes with a possibility for expansion to 100,000 tonnes in the future.
The BioMar-Tongwei plant in Wuxi is expected to commence operations in the second half of 2017.
More about feed markets at CMT’s 3rd Global Feed Summit on 29-30 November, 2017 in Bangkok.
Email Ms. Grace at email@example.com or call +65 6346 9147 for more information.
BioMar-Tongwei acquires Haiwei
BioMar-Tongwei JV opens new line, warehouse in China
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