CJ CheilJedang to Build New Animal Feed Plant in China

CJ CheilJedang Corp. (097950), South Korea’s biggest food processor, plans to add an animal feed plant in China to take advantage of increasing meat demand in the country. The plant in Shandong Province will have at least 150,000 metric tons of annual production capacity when completed next year, the company said in an e-mailed statement today.

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To contact the editor responsible for this story: Seyoon Kim at skim7@bloomberg.net

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