Charoen Pokphand, agrees loan for US$250 million for expansion

Indonesia's largest animal feed and processed chicken manufacturer Charoen Pokphand, has secured US$250 million (€183.952 million) loan from foreign and local banks to finance its proposed expansion. The expansion includes a new plant to be built in Cirebon, West Java, as well as a possible plant in Bali. “The company is aiming to expand its feed mill production capacity from four million tons per year to five million tons per year,” the president director said. Read more ...

This blog is written by Martin Little, The Global Miller, published and supported by the GFMT Magazine and the International Milling Directory from Perendale Publishers.