Nestlé, the Switzerland-based food and beverage group, is investing 157 million CHF ($176 million) to expand its pet food manufacturing facility in Rayong, Thailand.
The investment will enable increased production of Purina pet food and treats, including brands such as Felix, Friskies, Pro Plan and Purina One, supporting both domestic and international markets. According to Nestle, the expansion will utilize a high proportion of locally sourced raw materials, including poultry, fish and vegetables.
“Pet food is one of Nestlé’s most dynamic segments globally, accounting for around 21% of Group sales”, said Remy Ejel, CEO of Nestle Zone AOA. “This investment reflects our confidence in its long-term potential across Asia, Oceania and Africa (AOA) as well as the rest of the world”.
Hubert Wieser, CEO of Nestle Purina Petcare, added: “With over 350 million domestic cats and dogs across AOA as well as a pet population that continues to grow, demand for high-quality pet nutrition is also increasing”.
The project follows a 520 million CHF ($583 million) investment in a pet food plant in Italy, alongside Nestle’s plans for a new Nescafe production hub in Thailand, which were both announced this year.
Source: Nestle
