Chinese feed manufacturers COFCO Feed Co Ltd, stated in a recent interview that the company aimed to reach a target production capacity of 8 million tonnes of feed annually within the next five years.
In order to reach this goal, the company recently voted to build a new production line in Maoming, Guangdong.
General manager of COFCO (Maoming) Ltd, said that its original feed production line equipment, currently being operated in Maoming, was unable to meet market demand.
The feed production plant has two advanced modern production lines, including an extrusion line. Current feed production capacity is 200,000 tonnes.
The company have invested 10 million in the upgrading of the plant, which will result in an increased annual output at the feed mill of 250,000 tonnes per annum.
The production line started debugging in October, and will officially start commercial production in November.
Amid fierce competition in the feed industry, COFCO is looking to accelerate development in the sector in order to further establish the company in the Chinese feed industry,
Presently, COFCO operates 15 feed mills in China, with a total production capacity of more than 3.5 million tonnes. In the next five years the company aim to increase production to 8 million tonnes of feed per annum, making it one of China's largest feed producers.
The company currently has 2 feed companies in the city of Maoming, mainly producing pig feed.