Dongwon F&B inaugurates 'Protein Nexus' protein production base with an investment of 140 billion won.

“Aiming for 300 billion in new product sales, 30% export ratio by 2030” Dongwon Group’s food division company, Dongwon F&B, is building a large-scale protein food production base in Jincheon, Chungbuk, and accelerating the expansion of the K-Food global market. Dongwon F&B announced on the 14th that the second factory in Jincheon has been completed and has started full operations. The second factory in Jincheon, which cost a total of 140 billion won, is an advanced production facility with a floor area of about 26,446 square meters (about 8,000 pyeong) and two stories above ground. The second factory produces refrigerated foods such as fish cakes and surimi, as well as home meal replacements (HMR) such as fried rice and chicken, with a production capacity of about 40 tons, or 130,000 units per day. Designed as an AI-based smart factory to reduce greenhouse gas emissions, it has improved productivity per person by about 40%. With the completion, Dongwon F&B has established an integrated production platform by connecting the second factory in Jincheon with the existing first factory in Jincheon, which produces meat processing products such as Recham and Grilly, to produce both aquatic and meat protein products. The company named it ‘Protein Nexus’ and plans to develop the Jincheon factory into a global production base that includes not only meat protein but also aquatic protein products with high growth potential. Amid the growing global demand for protein, Dongwon F&B has identified protein-based products as a core future business. According to the UN Food and Agriculture Organization (FAO) and others, protein demand is expected to increase by more than 70% by 2050 compared to 2010. Dongwon F&B plans to introduce fish cake products to the Japanese and Chinese markets and frozen fried rice and frozen chicken HMR products to the US and European markets. Dongwon F&B said, “In the second half of the year, we plan to expand our product lineup with items such as rice balls and rice dishes and K-chicken,” and “Based on the Jincheon second factory, we aim to achieve 300 billion won in sales and expand the export ratio to over 30% by 2030.”

“Targeting 300 billion in sales of new products and a 30% export ratio by 2030” Dongwon Group’s food division company, Dongwon F&B, is building a large-scale protein food production base in Jincheon, North Chungcheong Province, and accelerating the expansion of K-Food in the global market. Dongwon F&B announced on the 14th that the second plant in Jincheon has been completed and has started full operations. The second plant in Jincheon, which has a total investment of 140 billion won, is an advanced production facility with a floor area of about 26,446 square meters (about 8,000 pyeong) and two floors above ground. The second plant produces refrigerated foods such as fish cakes and surimi, as well as home meal replacement (HMR) products such as fried rice and chicken, and has a production capacity of about 130,000 units, or 40 tons per day. Designed as an AI-based smart factory, it has reduced greenhouse gas emissions and increased productivity per person by about 40%. With this ...