Vietnamese agribusiness opens soybean crushing line

and Singapore-based Wilmar International Ltd., recently opened its second soybean crushing line in Phu My 1 Industrial Park, adding 4,000 tonnes to its daily crushing capacity through a $100 million project. Combined with Line 1, which has been operating since 2011, the company’s total crushing capacity currently stands at 7,800 tablets. This marks a significant milestone that strengthens Vietnam’s strategic raw material security for the livestock and food industries, said VAL, which focuses on crushing oilseeds for food and feed products. “The opening of our second soybean crushing line marks a pivotal milestone in VAL’s long-term strategy to expand production capacity to meet growing demand in both domestic and international markets,” said Nguyen Minh Vi, CEO of VAL. “This reflects our strong commitment to supporting Vietnam’s livestock sector and advancing the country’s strategic goal of securing essential raw materials.” “With one of the largest integrated production complexes ...