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Entobel opens Asia’s largest insect protein plant in Vietnam
December 1, 2023 By Hatchery International staff
Singapore-based insect-based ingredient producer, Entobel has opened a new black soldier fly (BSF) production plant in Vung Tau, Vietnam.
According to a Cision PR News Wire report, it’s Asia’s largest insect protein plant. “Today marks a major milestone in our journey to transform the insect protein landscape and supply sustainable feed ingredients to the rapidly growing aquaculture and pet food industries,” said Alexandre de Caters and Gaëtan Crielaard, co-founders and co-CEOs of Entobel.
The Vung Tau facility was constructed in 12 months, featuring 50 levels of vertical rearing, incorporating automation via robotics, sensors and data analytics that enhance productivity.
In 2022, they raised a US$33 million Series B funding round, backed by Mekong Capital, Dragon Capital and The International Finance Corporation (IFC) which helped with the construction of Entobel’s second industrial-scale production facility in Vietnam. It will have an annual production capacity of 10,000 MT of insect protein and the facility will serve as an economic and community anchor, creating 150 jobs in manufacturing and operations.
“The Entobel team has demonstrated capital allocation efficiency and execution excellence through the successful construction of two industrial-scale facilities in the last four years. Successful commissioning of the Vung Tau plant, one of the largest globally as measured by insect protein production capacity, has de-risked the operational and technological aspects of the business model, enabling the plant to serve as a blueprint for Entobel’s rapid regional expansion,” said Sandy Singh Sandhu, CFO of Entobel.
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