Rendition of the new Bunge soybean processing plant.
Agricultural processor Bunge Ltd has begun production at its $100 million soybean crushing plant in southern Vietnam, which would help reduce risk and costs for local feed importers, the company and traders said on Monday.
Production began on May 8 at the plant, which is designed to crush 1 million tonnes of soybean a year or more than 3,000 tonnes daily to
turn out 600 tonnes of crude-degummed soybean oil and 2,500 tonnes of soymeal, Bunge said in a statement.
India, Argentina, the United States, Thailand and China top the list of feed and feed ingredient exporters to Vietnam so far this year.