Gold Coin China, a subsidiary of Pilmico and Gold Coin Group, increased feedmill capacity by completing their new feedmill in Yunnan, China. This feedmill is currently the largest comprehensive feedmill in Yunnan Province.
The project, worth a $23.1 million investment, began in 2022 with a groundbreaking ceremony. The feedmill boasts a capacity of 150,000 MT with near-term plans to expand to 290,000 MT with a future maximum capacity potential of 500,000 MT. Equipped with the latest equipment and technology, Pilmico and Gold Coin group’s Yunnan facility aims to set new standards in feedmill production.
It will commence commercial production by June 2024 and is expected to produce 75,000 MT this year. This feedmill will cater to more species, including swine, poultry, aqua, ruminants, and premix, and reach an even broader customer base.
“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. This mill is the second of its kind in our China-based operation. It will ensure that our customers are provided with the highest quality feed across multiple categories,” said Tristan Aboitiz, Pilmico and Gold Coin Group President and Chief Executive Officer.
The Yunnan feedmill forms part of the Aboitiz Group’s food and agribusiness subsidiary’s strategic moves to strengthen its feedmill capacity in the Asia Pacific, alongside the upcoming 200,000 MT feedmill in Long An, Vietnam.
About Pilmico & Gold Coin Group
Pilmico and Gold Coin Group is the integrated agribusiness and food company of the Aboitiz Group.
In the Philippines, Pilmico Foods Corporation (Pilmico) is an industry leader in the flour and feeds manufacturing sector and a top pork meat supplier. Its four divisions, Flour, Feeds, Farms, and Trading, enable the growth of its stakeholders through consistent quality products and unmatched supporting services.
Their customer reach has also expanded to the Asia Pacific region through Gold Coin Management Holdings, Inc. (Gold Coin), a pioneer in animal nutrition and manufacturing scientifically-based animal feeds in Asia.
With over 3,700 partners across multiple facilities in eight countries, Pilmico and Gold Coin Group form one of Asia’s largest privately-owned agribusinesses.
Know more about Pilmico at pilmico.com/.
