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Saturday, September 21, 2024

Pilmico, Gold Coin complete $23.1-m facility in China

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Gold Coin China, a subsidiary of Pilmico Foods Corp. and Gold Coin Group, raised its feedmill capacity with the completion of the $23.1-million state-of-the-art facility in Yunnan, China.

The feedmill, the largest of its kind in Yunnan Province, is equipped with the latest technology and automation equipment to enhance processes and optimize efficiency.

“The launch of this new facility in Yuxi, Yunnan Province, is a testament to our commitment to expand our presence in key markets through investments in more efficient facilities across the region. For this feedmill specifically, we worked with key stakeholders to embed some of the latest technology and automation equipment to enhance our processes and optimize feedmill efficiency,” said Pilmico and Gold Coin Group president and chief executive Tristan Aboitiz.

The Yuxi-based feedmill operates on an initial capacity of 150,000 metric tons (MT) per year, with near-term plans to expand to 290,000 MT and a future potential maximum capacity of 500,000 MT.

The facility, which commenced commercial production in June 2024, is expected to produce 75,000 MT this year.

The facility will cater to a wide range of species including swine, poultry, aqua, ruminants and premix, allowing the company to reach an even broader customer base. It is the second of its kind in Gold Coin China’s operations and is expected to set new standards for feedmill production in the region.

“This mill is the second of its kind in our China-based operation. This mill will ensure that our customers are provided with the highest quality feed across multiple categories,” Aboitiz said.

The Yunnan feedmill is part of the Aboitiz Group’s strategic moves to strengthen its feedmill capacity in the Asia Pacific region, alongside the upcoming 200,000 MT feedmill in Long An, Vietnam.

Pilmico and Gold Coin Group is a leading integrated agribusiness and food company in the Asia Pacific region. With a diverse portfolio of businesses, the group is committed to providing high-quality products and services to its customers while contributing to the sustainable development of the agriculture industry.

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