The company plans to focus on its feed mill and breeding farm, as well as food processing. “The company is aiming to expand its feed mill production capacity from 4 million tons per year to 5 million tons per year,” said Thomas Effendy, president director of Charoen. The company’s feed mill business contributes more than 70% of its total revenue.
Charoen recently finished expanding the production capacity at its plant in Bandar Lampung. It also plans to build a new plant in Cirebon, West Java, and is looking at the possibility of starting another plant in Bali, said Thomas. Food processing plants are currently being constructed in Pasuruan, East Java and Medan, and the company has plans to build another in Makassar.