Vitarich hopes to be ‘zero-debt’ by end-2014

With its near exit from corporate rehabilitation, Filipino agri-feeds pioneer Vitarich Corp. is hoping to eliminate its debt by the end of the year with help from the launch of new products and its biggest asset divestment in place.

The company, which used to be the leader in the poultry industry, was placed under corporate rehabilitation in 2007 due to liquidity problems triggered by the Asian currency crisis and the outbreak of avian flu in 2003.