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Excerpts of June Issue of BeverASIA!
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Friesland unit to expand production
Friesland Foods’ Malaysian unit is expanding its production capacity in order to meet growing demand.
Friesland's Dutch Lady Milk Industries, Malaysia’s largest dairy group, plans to upgrade and expand its production plant in Petaling Jaya.
“We are improving the Dutch Lady production plant in Petaling Jaya due to increased demand. We have seen growth ...
F&N set to acquire rivals if offer is good
Fraser & Neave Holdings Bhd (F&N) is open to buying rivals or firms that complement its core businesses if there are good offers, but for now there is nothing on the table, a top official said.
F&N's core businesses are the manufacturing of soft drinks, condensed milk, glass packaging and property development.
In its ...
APB to inject US$2.7 million in NZ ventures
Asia-Pacific Breweries is expanding into New Zealand.
Its New Zealand arm DB Breweries is forming 2 new joint ventures that will operate a series of bars and a microbrewery in the country.
DB Breweries will inject NZ$2.5 million (US$1.93 million) into a joint venture with JAG Hospitality, in return for a 60% stake in ...
Serm Suk to invest US$36 million in 2008
Serm Suk Plc, the local bottler of Pepsi, Mirinda and 7-Up, plans to invest Bt 1.2 billion (US$36 million) this year, double the amount planned earlier, to manage rising costs and ensure profitable growth.
Somchai Bulsook, the company's president and CEO, said it will spend half the amount on previously planned upgrades of ...
Kirin gains approval to build fruit juice plant in Binh Duong
Authorities of southern Binh Duong province have licensed Kirin Acecook Vietnam Ltd Co to build a fruit-juice bottling plant worth US$60 million in the My Phuoc 2 Industrial Zone in Ben Cat District.
The factory, expected to open in May 2009, will have a production capacity of 4 million bottles of juice a ...
France to help build winery in Lao Cai
The Aquitaine region of France has pledged to help build a winery in the northern mountainous province of Lao Cai in Vietnam.
The commitment was made by a delegation from the Aquitaine region, headed by Deputy Chairman of the region's Council Jean Guerard, during a working visit to Lao Cai from 12 to ...
Yili constructs Global Milk Powder Demonstration Plant
The Jinshan New Industrial Park Milk Powder Processing Plant, an international milk powder demonstration plant of Yili Industrial Group Co., Ltd., was established in Hohhot City's Motezuo Qi on 19 June.
This plant will import equipment and production lines from internationally famous companies such as Sweden's Tetra Pak, Denmark's NIRO, Germany's ROVEMA ...
Heineken invests US$ 75 million in Brewery Construction in Guangzhou
Heineken Asia Pacific Breweries China Pte Ltd has revealed plan to construct a brewery in Guangzhou City's Huangpu District with an initial investment of US$ 75 million.
The project will occupy 13.67 hectares in land area and will import advanced production equipment aiming at an annual production capacity of 200,000kl.
The project ...
Wahaha establishes US$ 30 million beverage project in Hunan
The Management Committee of the Hunan Provincial Huaihua Industrial Park has recently signed a cooperation agreement with Hangzhou Hongsheng Beverage Group Co., Ltd., a controlled subsidiary of Hangzhou Wahaha Group Co., Ltd., to establish Huaihua Wahaha Hengfeng Beverage Co., Ltd. on 13.33 hectares site in the Park.
The company will inject US$ ...
Nongfu Spring to build mineral water plant in Sichuan
Popular Chinese drinking water brand, Nongfu Spring plans to invest Rmb 300 million (US$43.8 million) in building a new mineral water plant in areas affected by the Sichuan earthquake.
President Zhong Shanshan said construction of the plant is scheduled to commence at the end of 2008. The plant will include at least 2 ...
China Water & Drinks acquires 67% stake in distilled water business
China Water and Drinks, Inc., a producer and distributor of bottled water, has acquired a 67% stake in Guangzhou Grand Canyon Distilled Water Co., Ltd., a producer and distributor of pure distilled and mineral bottled water for US$19.1 million in cash.
The acquisition will further expand China Water and Drinks' geographic footprint and ...
Uni-President plans US$98.7 million acquisitions in China
Uni-President Enterprises Corp. plans to spend NT$3 billion (US$98.7 million) to buy food and beverage makers in China.
Uni-President, Taiwan's largest food manufacturer by revenue, hopes to overtake Coca Cola Co. as the largest fruit juice vendor in China through the acquisitions.
...
Asahi Breweries diversifying into freeze-dried food business
Asahi Breweries Ltd. will purchase an 80% equity stake in Japan's leading freeze-dried food maker, Amano Jitsugyo Co. for Yen 6 billion (US$56 million) in July.
With the acquisition of Amano Jitsugyo, based in Fukuyama in Hiroshima Prefecture, Asahi Breweries intends to boost its freeze-dried food operations, expecting demand to increase in line ...
San Miguel eyes bigger Indo China market
ASEAN’s largest food and beverage conglomerate, San Miguel Corp (SMC) has disclosed its plan to enter Laos, Cambodia and Myanmar through joint venture agreements with local-based firms to build and operate breweries and distilleries in these countries.
On the sidelines of the Ginebra San Miguel Inc. stockholders meeting, Ramon Ang, San Miguel Corp. ...
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