Brazil

Brazil's Aurora plans expansion to cover export demand

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Almost $100 million will be invested this year to expand processing facilities for poultry and pork.

Posted on Feb 11 ,12:33

Brazil's Aurora plans expansion to cover export demand

Brazil is still counting on China to keep meat imports at a high level and one clear sign about this is offered by Aurora, the third-largest Brazilian meatpacker. Aurora plans an investment of $93.5 million to expand its processing facilities in order to deliver more animal protein abroad. According to the president of the cooperative, Neivor Canton, Aurora intends to expand the capacity for processing chicken meat by 20% in two years and is asking for licenses to export more pork and chicken to China, hoping to have three more factories authorized soon. The current processing lines produce about 6,000 tonnes of poultry and pork each day of which 2,000 tonnes are exported.
Aurora's president hopes to further strengthen trade ties with China, as the Asian customer is still fighting the effects of African swine fever, which has helped the business of Brazilian exporters.
Canton said China's reliance on imports of Brazilian food served to adjust domestic meat supplies and helped raise product prices, boosting Aurora's results and helping the meat sector during the pandemic.
To increase exports, Aurora is currently seeking three new export licenses from China, including two for chickens in Santa Catarina and one for a pig factory in Mato Grosso do Sul, said Canton.

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