Bunge Vietnam soy plant construction on steam
Bunge is on schedule building a $100 million integrated soybean processing plant on ten hectares within the Phu My 1 Industrial zone in the Tan Thanh district, approximately 70 km southeast of Ho Chi Minh City on the Thi Vai River.
The site is adjacent to the Phu My Port in which Bunge shares ownership.
The rapidly developing area houses significant feedmilling and oil refining operations that form the foundation of the plant’s prospective customer base.
“The plant’s location and its timing are optimal,” noted Horst Guenther, Bunge Asia’s Commercial Director for Southeast Asia Distribution.
“Our ability to discharge agricultural commodities and distribute soybean meal efficiently and economically throughout Vietnam is second to none, thanks to our Baria Serece (Port) and Quang Dung (Distribution) partners.
“We are working hard now to configure an equally effective oil distribution strategy and further develop our remote meal distribution network in the North, Central and Mekong Delta regions so that the plant will run full out from the first day it starts.”
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