Inaugurating Dabaco Plant Oil Extraction Factory

Leaders cut the ribbon to inaugurate Dabaco Plant Oil Extraction Factory.

Started construction since January 2017, Dabaco Plant Oil Extraction Factory has an area of ​​more than 6 hectares, at Tan Chi Industrial Complex, Tien Du district with a total investment of VND 1,200 billion, of which fixed investment capital is about USD 40 million (equivalent to VND 850 billion). This is the first factory in Vietnam, which is invested synchronously and modernly in a closed process. 100% of technology and equipment lines are the latest generation originated from Europe and imported by Desmet. The factory is one of the important components to support Dabaco Group to successfully implement a clean value chain control strategy of 3F (Farm-Feed-Food) model from farms and factories to dining tables. After its operation, each year, the factory produces 45 million liters of cooking oil, 220,000 tons of dry soybeans, which will be a fresh, clean and safe source of raw materials for feeding, also creates jobs for hundreds of workers.

Leaders visit a division of the Factory.

Speaking at the inauguration ceremony, Chairman of Provincial People's Committee Nguyen Tu Quynh congratulated and warmly praised efforts of Dabaco Vietnam Group to put the Plant Oil Extraction Factory into operation. It affirms that Dabaco is a leading enterprise in the field of agricultural product processing in the province with far-reaching vision, high determination to seek and expand business fields in line with the trend of market demand, to promote advantages and increase competitiveness.

Bac Ninh is entering a new development stage with the goal of becoming a centrally-run city in 2022. Chairman Nguyen Tu Quynh proposed Dabaco Group needs to have a strategic orientation and comprehensive solutions in order to build and develop the company in the direction of modernity, efficiency, strong financial capacity, and high competitiveness; continue to enhance position in the market, affirming the leading enterprise in the high-tech agricultural sector of the province.

Chairman of Provincial People's Committee believed that, with the best facilitation of all sectors, localities, and the vision of the company, Plant Oil Extraction Factory would seize opportunities and exploit potentials to grow, creating the highest quality product, meeting the needs of the people, contributing positively to development process of the province.