Work begins on Asia’s biggest fish-oil plant

Construction of Asia’s largest fish-oil refining plant began Wednesday at the Vam Cong industrial park in the Mekong Delta province of An Giang.

Sao Mai An Giang Group is building it at a cost of US$15 million and equipment will be supplied by Belgian firm Desmet Balesstra.

The 23,000-square-meter factory will have a capacity of 100 tons per day in the first year after it begins operation early 2012 and double that three years later.

It is expected to have an annual turnover of VND3 trillion (US$150 million).

The oil for refinement will be provided from tra and basa catfish by seafood processing plants in the region.

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