Home Business News Companies New KCC increases processing capacity and farmers payment

New KCC increases processing capacity and farmers payment

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The New Kenya Cooperative Creameries has increased its processing capacity by increasing its raw milk intake.

 Speaking on Tuesday, the New KCC highlighted increased efficiency and processing capacity that has translated to increased payments to farmers from Ksh 2.5 billion to Ksh 5 billion.

The market share has also grown from the initial 23% to 32% thanks to the increased processing capacity.

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“With increased efficiency and processing capacity, the company has been able to increase raw milk intake by up to 40% which has translated to increased payments to farmers from Kes 2.5B to Kes5B and seen it’s market share grow from 23% to 32%,” Said KCC.

The news comes at a time when the New KCC injected Ksh 1 billion in the modernization of production capacity.

The money is said to have been used to upgrade facilities in some processing factories countrywide which include Eldoret, Thika and Nyahururu plants.

Slavian Mwangecho
Passionate blogger on a day to day activities happening in Kenya, Africa and around the world. A keen follower of the latest news making headlines around the world

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