# Livestock Byproduct Processing Company 'Hongchang M&T' Donates 10 Million KRW Birthrate Support Fund to Gyeongbuk Province - The Asia Business Daily

> Hongchang M&T, a South Korean rendering company producing meat and bone meal and feed oil, donated 10 million KRW to Gyeongbuk Province to support birth rate initiatives. The company is described as the domestic market leader.

- Date: 2024-11-22 · published 2024-11-22T12:00:00.000Z
- Category: market · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/27537-livestock-byproduct-processing-company-hongchang-m-and-t-donates-10-million-krw
- Commodities: [Meat & Bone Meal](https://feedsoft.ai/c/MBM.md)

## Why it matters

This is a corporate donation with no bearing on feed supply, demand or prices.

## Sources

- asiae.co.kr: https://www.asiae.co.kr/en/article/2024112210021380228

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.