Home

The Korea Herald

Latest news

Most Popular

  1. 1

    US girding for possibility of N. Korea taking most provocative military actions in decade near election: NBC

    US girding for possibility of N. Korea taking most provocative military actions in decade near election: NBC
  2. 2

    [Weekender] 'Blood doesn't make family, love does'

    [Weekender] 'Blood doesn't make family, love does'
  3. 3

    Austin to attend trilateral talks with South Korean, Japanese counterparts in Singapore: Pentagon

    Austin to attend trilateral talks with South Korean, Japanese counterparts in Singapore: Pentagon
  4. 4

    Test finds kids' accessories from AliExpress, Shein to be tainted with toxic chemicals

    Test finds kids' accessories from AliExpress, Shein to be tainted with toxic chemicals
  5. 5

    NewJeans' new album sells over 800,000 on release day

    NewJeans' new album sells over 800,000 on release day
  1. 6

    S. Korea completes development of L-SAM defense system

    S. Korea completes development of L-SAM defense system
  2. 7

    70% of part-timers positive toward robots at businesses

    70% of part-timers positive toward robots at businesses
  3. 8

    [KH Explains] US crackdown on Chinese connected vehicles unsettles Korea

    [KH Explains] US crackdown on Chinese connected vehicles unsettles Korea
  4. 9

    S. Korea, Japan, China to hold 1st summit in 4 1/2 years to discuss cooperation

    S. Korea, Japan, China to hold 1st summit in 4 1/2 years to discuss cooperation
  5. 10

    Humble sundae gets haute makeover at Lee Buk Bang

    Humble sundae gets haute makeover at Lee Buk Bang
ssg
지나쌤

CJ Cheiljedang eyes 1tril. won in feed sales

By Korea Herald

Published : March 10, 2013 - 20:42

    • Link copied

CJ Cheiljedang Corp., South Korea’s largest food company, said Sunday it is targeting to post 1 trillion won (US$920 million) in animal feed sales this year by establishing more overseas production facilities.

To achieve the sales goal, CJ Cheiljedang said it will build six production plants in China, Vietnam and Indonesia, where demand for animal feed has been experiencing explosive growth.

The completion of the envisioned facilities would raise the number of the company’s overseas feed factories to 12.

“We plan to double our animal feed business in China,” a company official said. “More efforts will also be made to maximize sales in Indonesia, which accounts for about half the company’s overseas feed revenue.” (Yonhap News)

More from Headlines