FGV launches animal feed brand, ALMA

KUALA LUMPUR: FGV Holdings Bhd (FGV) through its subsidiary, FGV Integrated Farming Holdings Sdn Bhd, has launched its high-quality animal feed brand, ALMA, in line with FGV’s expanding animal feed and animal nutrition business.

Its group chief executive officer Datuk Haris Fadzilah Hassan said the company's domestic sales of palm kernel expeller (PKE) and animal feed products have increased from only 8,000 tonnes in 2018 to 39,000 tonnes last year, with a compound annual growth rate (CAGR) of 121 per cent.