Netherlands-based commodities firm Louis Dreyfus Company (LDC) and Polish private label coffee manufacturer Instanta have announced the opening of a new plant in Binh Duong province, Vietnam, for the manufacture of freeze-dried coffee.
The joint venture facility, which will have an annual production capacity of 5,600 tonnes, was established to meet rising global demand for instant coffee, particularly more premium freeze-dried coffee.
The facility’s product offering is tailored to meet the preferences of consumers across established markets such as Europe, as well as emerging markets in Asia, LDC said in a statement.
“This venture with Instanta supports our global strategy to diversify through more value-added products, reflects our ongoing commitment to Vietnam as a key market for LDC, and complements our existing global Robusta green coffee business, expanding our product portfolio to meet customers’ needs”, commented LDC Global Head of Coffee Ben Clarkson.
“ILD Coffee Vietnam marks a significant milestone in our journey at Instanta”, added said Instanta chairman Jacek Szymczyk. “[…] We are excited to bring our expertise to this strategic joint venture with LDC, a renowned global merchant and processor of agricultural goods”.