Cargill to open new aquaculture feed mill in Dong Thap, Vietnam

Cargill opens sixth mill in Vietnam
September 23, 2009

Cargill to open new aquaculture feed mill in Dong Thap, Vietnam

Cargill Animal Nutrition announced the opening of its new aquaculture feed mill in the Mekong Delta province of Dong Thap. This is Cargill's sixth feed mill in Vietnam.

"This new investment demonstrates Cargill's commitment to serving Vietnamese livestock and aquaculture growers," said Stoney Su, general manager for Cargill Animal Nutrition-Vietnam.

The mill is designed to have an annual capacity of 60,000 tons of aquaculture feed, which will give Cargill-Vietnam a total production capacity of 720,000 metric tons per year. The new Dong Thap aquaculture feed mill will complement Cargill's other feed mills located in Can Tho, Dong Nai, Binh Dinh, Long An and Hung Yen.

"Cargill is committed to the development of Vietnam's livestock and aquaculture industry," Su added. "In these uncertain times, our customers are looking for reliability. Cargill will be part of their solution. The new Dong Thap plant will allow Cargill to more effectively deliver the best and latest feed technologies and services to our local dealers and aquaculture growers throughout the Mekong Delta."

Cargill has approximately 560 employees in Vietnam and has been in the Vietnamese market for over 12 years. The company has received numerous recognitions for its business and philanthropic activities by both Vietnamese and U.S. organizations, including: the U.S. Department of State's "Corporate Excellence" award; the Saigon Times' "Top 40" award recognizing international companies in 2005, 2006 and 2008; the "Golden Dragon Award" in 2006 and 2007; and the "Educational Promoting Award" in 2007.

Cargill is an international producer and marketer of food, agricultural, financial and industrial products and services. Founded in 1865, the privately held company employs 159,000 people in 68 countries. Cargill helps customers succeed through collaboration and innovation, and is committed to applying its global knowledge and experience to help meet economic, environmental and social challenges wherever it does business. A wholly owned subsidiary of Cargill, Cargill Vietnam Limited established a presence in Vietnam when the United States and Vietnam normalized relations in 1995. Today it operates six animal feed mills, a cocoa business, a ferrous trading business, and it exports Vietnamese products across the globe.

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