Singapore Poultry Hub is setting up the first smart and green factory for the poultry industry in Singapore with a US$29mn loan secured from United Overseas Bank (UOB)
The new factory will help Singapore Poultry Hub to improve their productivity by 26 per cent and to increase their capacity by 70 per cent.
Singapore Poultry Hub is a joint venture among five parties, namely Mr Tan Chin Long and four poultry producers and processors – Tong Huat Poultry Processing Factory, Kee Song Holdings Pte Ltd, Sinmah Holdings (S) Pte Ltd and Tysan Food Pte Ltd.
Singapore Poultry Hub will work with partners such as the trade and enterprise development agency, Enterprise Singapore, to employ smart technologies such as robotics, Industry 4.0 technologies and the industrial Internet of things at its new factory.
The smart factory will feature a new waste management system to reduce the amount of waste generated by the poultry processors. Instead of disposing of all the poultry waste, the system will convert part of it into protein which is used as an ingredient for livestock feed.
This will help the company become more sustainable in its operations and reduces its waste by 60 tonnes per day. The waste management system is an example of a market-led innovation under FoodInnovate4 , a multi-agency initiative led by Enterprise Singapore.
Joseph Heng, CEO, Singapore Poultry Hub Pte Ltd, said, “We recognise the need to use technology to ensure our competitiveness in the long term. As a small- and medium-sized enterprise investing in this scale, we needed the support of a banking partner who could not only provide us with the financing required but advise us on the most relevant financial solutions for our needs.”
Eric Tham, head of Group Commercial Banking, UOB, said, “Technology is an important enabler for businesses. By using technology, firms can not only overcome the perennial challenges of cost and manpower but also develop the digital capabilities required to position themselves strongly for the future.”
