Dasy OrganizaciÃ³n announced plans to invest more than â‚¬20 million (US$27.2 million) in building a new plant for production of fishmeal for animal feed in Osuna, Andalusia, Spain.
The company, owned by PGG Group, also plans to invest an additional â‚¬20 million (US$27.2 million) in its rendering plant, bringing its total investment in facilities amount to â‚¬40 million (US$54.3 million). According to the company's president, JosÃ© MarÃa Gimeno, the new plant will create 200 new jobs, which will double the jobs at its existing plant. In addition, Dasy OrganizaciÃ³n moved its headquarters to Andalusia, Spain.
"We will rearrange our activities. The Barcelona plant will produce for Spain, France, Germany and Italy while almost 100% of the Osuna production plant will be dedicated for export to China and Southeast Asian countries such as Vietnam, Thailand or Malaysia," said Gimeno.