Archives for November 15, 2016

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Tetra Pak invests $110m in Vietnam factory

By Rachel Arthur

Tetra Pak is investing in a new regional manufacturing facility near Ho Chi Minh City, Vietnam, prompted by increased consumption of liquid dairy and fruit-based beverages across Asia Pacific. 

Charoen Pokphand grows profits by 45% in third quarter

By Aidan Fortune

Thai poultry producer Charoen Pokphand Foods’ (CP Foods) operational profit in the third quarter of 2016 reached Baht122.5 billion, an increase of 10% while net profit jumped up 45% to Bt5.2bn compared with the same period last year. 

Nestlé Lanka opens $3.4m UHT milk plant

By Jim Cornall

Nestlé Lanka has opened a new UHT milk plant in its factory in Kurunegala, Sri Lanka. The new production facility cost LKR500m ($3.4m) to construct.