Process Management

News 420 views last update:6 Aug 2012

Betagro opens two new feed mills

Betagro Group has opened two new feed mills. According to CEO Vanus Taepaisitphongse, this would not only increase production capacity, but also enable the company to achieve international standards in the animal-feed industry. "The animal-feed business is the group's main potential growth area this year," he said.

Chief operating officer Vasit Taepaisitphongse said the group had spent Bt1.06 billion on the two feed mills in Lop Buri. One will produce aquaculture feed and the other chicken feed. The aquaculture feed mill will be operated by the Betagro Agro Group, with monthly production capacity of 8,000 tonnes, which can be increased to 16,000 tonnes.
The group's aquaculture feed business is expected to grow an average of 7% annually. As a result, the group's total sales from aquaculture and pet feed are targeted to reach Bt700 million this year, of which aquaculture will generate Bt400 million.
The second feed mill will focus its production entirely on chicken feed to serve major chicken-farm operators and the group's integrated chicken unit.

10% growth
Vasit said that overall group revenues were expected to grow 10% to Bt30 billion this year, from Bt26 billion last year. Betagro will re-evaluate its revenue situation in March.

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