Brief: Faes Farma To Invest 17.0 Mln Euros In New Plant Producing Special Piglet Feeds

Faes Farma SA

15/02/2022 12:13

Feb 15 (Reuters) - Faes Farma SA  FAE.MC :
    * ESTIMATED VALUE OF PLANT INVESTMENT IS ABOUT 17.0 MILLION
EUROS 
    * PLANS TO BUILD A NEW PLANT FOR PRODUCTION OF SPECIAL FEED
FOR
PIGLETS
    * WILL HAVE A PRODUCTION CAPACITY OF 120,000 TONS PER YEAR
    * PLANT IMPLEMENTATION WILL BE EXTENDED FOR THE NEXT 2 YEARS
(2022-2024)
    * INVESTMENT WILL BE FINANCED WITH CO'S OWN RESOURCES
    * NEW FACILITY WILL BE LOCATED IN HUESCA, WITHIN THE PLHUS
LOGISTICS PLATFORM, WITH AN AREA OF 17,000 SQUARE METERS

Source text for Eikon:  ID:nCNMJYL4L 
Further company coverage:  FAE.MC 

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