Vietnam’s Entobel, a global leader in the production of functional insect protein for animal and plant nutrition, today celebrated the opening of its new black soldier fly (“BSF”) production plant, the largest of its kind in Asia.
“Today marks a major milestone in our journey to transform the insect protein landscape and supply sustainable feed ingredients to the rapidly growing aquaculture and pet food industries,” said Alexandre de Caters and Gaëtan Crielaard, co-founders and co-CEOs of Entobel.
Entobel’s state-of-the-art facility was constructed in an industry record time of 12 months and is currently the world’s most CAPEX-efficient BSF production facility.
The facility features 50 levels of vertical rearing, incorporating automation via robotics, cutting-edge sensors and data analytics that enhance productivity. Leveraging a US$33 million Series B funding round raised in 2022 and backed by Mekong Capital, Dragon Capital and The International Finance Corporation (IFC), the Vung Tau facility marks Entobel’s second industrial-scale production facility in Vietnam and will have an annual production capacity of 10,000 MT of insect protein. The facility will serve as an economic and community anchor, creating 150 jobs in manufacturing and operations.
“The Entobel team has demonstrated capital allocation efficiency and execution excellence through the successful construction of two industrial-scale facilities in the last four years. Successful commissioning of the Vung Tau plant, one of the largest globally as measured by insect protein production capacity, has de-risked the operational and technological aspects of the business model, enabling the plant to serve as a blueprint for Entobel’s rapid regional expansion,” said Sandy Singh Sandhu, CFO of Entobel.
Entobel has proven that it is possible and profitable to meet the growing global demand for sustainable feed ingredients.
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