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Georgia’s largest animal feed producer launches construction of new plant

Business Materials 31 July 2021 11:07 (UTC +04:00)
Georgia’s largest animal feed producer launches construction of new plant

BAKU, Azerbaijan, July 31

By Tamilla Mammadova – Trend:

Georgia’s largest animal feed producer - Nutrimax - has launched the construction of a new plant to produce compound feed for fish, Trend reports via Georgian media.

“There is a very high demand for fish feed in the local market. We’ll start production to displace imports. At the first stage, we’ll hold 25-30 percent of the market share, and our share will grow gradually. These products have not been produced in Georgia and our company will be the first in the country,” the company spokesperson Revaz Lapachi said.

As he noted, the construction will begin in 2022. The plant with an investment value of 2.5 million euros will produce 1,500-2,000 tons of feed per day.

“The amount of investment could change over time and the cost of the project will be revised,” Lapachi notes.

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