Nutreco opens new feed and premix plant in Russia
A new feed and premix plant from Nutreco has been recently commissioned in Russia. The company invested approximately €20 million in a new factory which is located in the Voronezh agricultural region in Russia.
The plant will produce animal feed, concentrates and premixes for ruminants, pigs and poultry. “Nutreco is one of the largest importers of young animal feed, concentrates and premixes in Russia. The investment is a logical step and offers Nutreco good opportunities for sustainable growth in one of the most important agricultural countries in the world. The development has been welcomed and supported by the local government” – reported in a statement from the company.
A local production plant for animal feed, concentrates and premixes in Russia, gives Nutreco opportunities to expand its product offerings and sales to the livestock industry in Russia. The new plant takes production close to the market, decreases the lead times and improves the cost position.
The investment is fully in line with Nutreco's strategy to further strengthen the market positions in feed specialties in the main agricultural markets in the world and to focus on geographic regions with perspective of structural profitable growth. The Russian market is substantial in global terms and it is growing, with a key objective to become self sufficient. The new plant in Russia will contribute to achieving that objective.
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