INVIVO Animal Nutrition & Health announced June 20 that it continues to consolidate its international market positions in Latin America and Asia with the inauguration of its fifth plant this year — a compound feed plant in Indonesia.
The France-based group said its strategy relies on a continuous investment in modern production tools in Latin America and Asia in order to meet a twofold market requirement: additional volumes and higher quality.
InVivo said it has inaugurated five "state-of-the-art" new plants in the first half of 2013: two compound feed plants in Brazil, one pet food plant in Mexico, one compound feed plant in Vietnam and one compound feed plant in Indonesia.
On Indonesia's island of Java, the most recent plant went online June 20 and represents an investment of approximately $15 million, with a total production capacity of 125,000 tons. The plant specializes in producing meal feeds for the poultry and aquaculture sectors.
This new plant illustrates InVivo's "targeted and cautious acquisition and investment strategy" in major countries in which it has historically been present, the company said.
InVivo noted that the new plant should allow it to fully meet the needs of the market in terms of an increase in feed demand, the needs of specific regions of Indonesia and growing client expectations in terms of feed product quality and distribution efficiency.
InVivo is a global leader in compound feeds, premixes, feed additives, analysis laboratories and animal health, with a turnover of $1.9 billion, a presence in 18 countries and 5,600 employees.