Plant & Bean Opens New Plant-Based Meat Facility in Thailand
In 2021, Innobic (the life sciences arm of Thai state-owned energy company PTT) joined forces with plant-based food importer Nove Foods to form a joint venture called Nutra Regenerative Protein Co (NRPT). The new company then made an agreement with the UK’s Plant & Bean to establish a plant-based meat facility in Ayutthaya, with NRPT providing 51% of the investment and Plant & Bean providing the remaining 49%. The facility — which has a production capacity of 25,000 tons and is claimed to be Thailand’s first dedicated plant protein factory — appears to have recently opened. Plant & Bean Thailand told the Bangkok Post that it had already been approached by several food companies interested in collaborations, including US fast food chain Texas Chicken. The …