Sheng Long Bio-Tech International, a subsidiary of China’s Guangdong Haid Group, has put into operation a new aquafeed plant in southern Vietnam.
The company began construction at the plant in the Vietnamese province of Vinh Long in November 2020. Sheng Long had originally expected to complete the project by October 2021, but construction was delayed after a COVID-19 outbreak hit southern Vietnam in the summer of 2021.
The factory cost VND 467 billion (USD 20 million, EUR 18.6 million) to build and has the capacity to produce 150,000 metric tons (MT) of aquafeeds per year, according to the Vinh Long newspaper. The plant, equipped with 15 production lines for shrimp feed and seven lines for fish feed, has helped raise Sheng Long’s total production capacity in Vietnam to 650,000 MT of aquafeed per year.
Sheng Long also has a plan to commence production at another new aquafeed factory currently under construction in Hai Duong province in northern Vietnam in July 2023.
The company expects to sell about 600,000 MT of aquafeed in Vietnam, India, and Malaysia this year. Sheng Long estimates its total sales value this year, including sales of about two billion shrimp larvae, will reach USD 670 million (EUR 623.4 million), Vietfish Magazine reported.
Guangdong Haid Group is a high-tech agricultural and animal husbandry company based in Guangzhou, China, focusing on production and sales of aquatic and livestock feeds. It has 600 subsidiaries and branches in mainland China and other countries, and was one of the two largest feed producers in China in 2020, with feed sales volume reaching 14.6 million MT and operating revenue of CNY 60.3 billion (USD 9 billion, EUR 8.4 billion), up 26.7 percent higher year-on-year.
Photo courtesy of Sheng Long Bio-Tech International
