It is the first plant of Olmix Group in Asia with a total capital of 2 million EUR. It is built up to Europe’s Quality and Safety System for Specialty Feed Ingredients standards.
In the first stage, it plans to churn out 5,000 tonnes of feed additives, equivalent to 15,000 tonnes of animal feed to serve Vietnamese and Asian markets.
During the second stage, it will raise the total capacity to around 5 million tonnes of feed additives.
Trinh Quang Thanh, Director of the Olmix Asialand Vietnam company, said the move aims to turn the firm into one of the top three vet medicine and feed additives suppliers in Vietnam.
Olmix specialises in manufacturing feed additives and vet vaccines using natural algae-based technology. Over the past 22 years, it has spread operations globally and offered solutions for nutrition, hygiene and health of plants, animals and humans to more than 100 countries worldwide