FrieslandCampina Invests $12m To Expand Vietnam Plant Production Capacity
FrieslandCampina, a Dutch dairy cooperative, has said that it will invest $12m to expand the production capacity at its plant in Binh Duong, Vietnam. The plant, which is the company's first in the country, is expected to be completely operational at the end of 2012.
The dairy company said that the expansion is required in order to cater to the rising demand for its Dutch Lady, YoMost and Friso brand products. It claims that the plant is being expanded and designed according to the latest techniques and will therefore comply with the highest quality standards.
The production plant in Binh Duong has been operational since 1996. FrieslandCampina manufactures dairy products under the Dutch Lady, YoMost and Friso brands at this factory. Installed capacity at the company's second factory in Ha Nam, Vietnam, which has been operating since 2008, has also reached its full potential. It set up the 'Master Plan Processing' for the production location in Binh Duong in 2009.
Jan Bles, managing director of FrieslandCampina Vietnam, said: “We’ve reached the limit of our production level in the present factory. To meet the rising demand we need to increase capacity. In the past three years sales grew by an average of 10% per year. Sales also showed robust growth in the first few months of this year. We’re therefore delighted that the Executive Board has given the green light for the realization of the expansion.”
Related Insight
Suppliers Directory
Processed Foods Bakery & Cereals Confectionary Pasta & Noodles Savory Snacks Sweets & Desserts
Condiments & Ingredients Ingredients Oil & Fats Sauces & Spreads Soups
Chilled & Deli Food
Special Foods Baby Food Health Foods
Food Technology Process & Production IT & Software Packaging Sustainability
Marketing & Regulatory Regulatory & Food Safety Supply Chain Retail
Dairy Products Intelligence
Until recently, the beverages market was divided simply between alcoholic and non-alcoholic beverages. As consumers’ tastes grew more sophisticated and demand surged for a variety of beverage options catering to lifestyle changes and health concerns, the beverages industry has responded with a dizzying array of options to choose from. This report focuses on the U.S. and world markets for beverages across several broad categories. For the purposes of this study, TriMark Publications has divided the global beverages markets into the following product segments include: 1) alcoholic beverages such as wines, beers and spirits; 2) non-alcoholic beverages such as bottled water and milk; 3) brewed beverages such as coffees and teas; 4) carbonated beverages such as sodas and soft drinks; 5) non-carbonated juice products both fresh and pre-packaged; and 6) energy drinks which are generally caffeinated beverages in both carbonated and non-carbonated forms. For each market segment, this study presents the latest information on size, growth rates, sales projections and factors influencing growth in the U.S. and internationally. Reports Buy online from $449
Comments may be moderated for spam, obscenities or defamation.