echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Food News > Food Articles > Yonghuan Group's surimi processing plant started operations to further increase the production capacity of value-added products

    Yonghuan Group's surimi processing plant started operations to further increase the production capacity of value-added products

    • Last Update: 2022-12-30
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com
    At the end of this year, Vietnamese pangasius producer Vinh Hoan Corporation's new surimi plant officially opened with an annual production capacity of 5,000 tons
    .
     
    It is reported that the plant is located in Cao Lanh City, Dong Thap Province, near the headquarters of Yonghuan Group, adjacent to the company's collagen factory and pangasius feed factory
    .
     
    "Our strategic development goal is to minimize processing waste and create new value
    from by-products," the company said.
    The surimi plant is a potential project
    for us to pursue this mission.
     
    Yonghuan Group CEO Tam Nguyen told UCN that the investment in the surimi plant (compared to other projects) is relatively small, so it was not specifically disclosed in the company's financial report that the new plant may generate annual revenue
    of $15-20 million.
     
    In November, Yonghuan Group achieved revenue of VND 893 billion (US$37.
    9 million), down 10% year-on-year and 13%
    month-on-month.
     
    Nguyen said: "We believe that with the opening of epidemic prevention policies, the Chinese market will enter a rapid recovery period like other countries' markets, and pangasius will no longer be strictly restricted
    from entering China.
    " For the U.
    S
    .
    market, we think Ramadan will be the peak demand season next year, and we will boost sales now and in the next two months.
     
    Yonghuan Group mentioned in its 2021 annual report that the company's market value will double to US$1 billion by 2025; The company's goal is to process 1,000 tonnes of pangasius per day, drive technological innovation, and implement a circular economy model, and the surimi plant will be part of
    that goal.
     
    At present, Yonghuan Group's large-scale hatcheries in Anjiang and Tongta are operating steadily, and the company has plans to further expand its production capacity and choose a new site for expansion
    .
    The company also plans to expand the pangasius farming area by 100-150 hectares to cover 70% of the processing plant demand
    .
     
    At the end of 2022, the capacity of Yonghuan Group's Thanh Binh processing plant will be expanded to 350 tons per day, and the Vinh Phuoc plant will be expanded to 250 tons
    per day.
    At the request of its Japanese partners, the Vinh Phooc plant also launched a salmon processing project, which is a new starting point for the company's product diversification, and the company will focus on the production of high value-added products, taking advantage of superior worker technology, geographical location and cold storage characteristics to build and operate a processing line
    for grilled fish value-added products.
    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.