Tetra Pak announces new US$110 million Vietnam factory

Bolstered by rapid consumption growth and increasing customer needs in the Asia Pacific region, leading food processing and packaging solutions company Tetra Pak today announced their US$110 million investment in a state-of-the-art regional manufacturing facility near Ho Chi Minh City, Vietnam, to serve customers across the region.

The move is prompted by increasing consumption volumes, with the 2016 total packed liquid dairy and fruit-based beverages intake at 70 billion litres across ASEAN, South Asia, Japan, Korea, Australia and New Zealand.

Additionally, over the next three years, these markets are likely to grow at a healthy 5.6 per cent per annum, with products packed in Tetra Pak cartons projected to grow at a much faster rate as compared to other packaging formats such as glass bottles and cans.

“Tetra Pak has been present in the region for decades, with our first factory set up in Gotemba, Japan in 1971,” said Michael Zacka, Regional Vice President, Tetra Pak South Asia, East Asia and Oceania.

“Over the years, we have seen substantial growth of our products, driven by a wide portfolio and a number of innovations that we have introduced in the market. Hence our investment in a new plant, which will be our fourth Packaging Material factory in the region, providing us with expansive coverage and scale.

This decision is a strong reflection of our commitment to the region and our firm belief in its future potential.”

The greenfield factory, expected to begin operations in Q1 2019, will have an expandable production capacity of approximately 20 Billion packs per annum, across a variety of packaging formats, including the popular Tetra Brik Aseptic and Tetra Fino Aseptic.

It will primarily serve customers based in ASEAN, Australia and New Zealand. With a strong focus on sustainability, the site will adopt a host of global best practices to minimise the environmental footprint, including the utilisation of a high proportion of renewable energy sources.

This investment will complement Tetra Pak’s three long-standing production facilities in Singapore, India and Japan, building on the wealth of experience built up throughout the company’s operation in the region.

Together, the factories will enable the company to offer more innovations, efficiency and customer service to meet the rapid growth in Asia.

“We are committed to investing in Australia and New Zealand’s food export business to help our customers tap into the huge opportunities opening up both at home and in the wider region. Our investment in this manufacturing facility means we will be able service our ASEAN markets more efficiently, offering greater innovation, enhanced quality, efficiency and flexibility for producers.” said Craig Salkeld, Managing Director for Oceania, Tetra Pak.

15 thoughts on “Tetra Pak announces new US$110 million Vietnam factory

  1. I wanted to compose you this little bit of note to finally say thank you again on the pleasant views you have contributed here. It was so shockingly open-handed with you to supply easily all that a lot of people could possibly have marketed for an e-book in making some money on their own, especially considering the fact that you could possibly have done it if you desired. Those good tips additionally worked to be a great way to be sure that the rest have a similar dream really like mine to know the truth significantly more in terms of this condition. I am certain there are some more fun situations ahead for people who scan through your blog.

  2. Hiya! Quick question that’s entirely off topic. Do you know how to make your site mobile friendly? My site looks weird when browsing from my apple iphone. I’m trying to find a template or plugin that might be able to resolve this issue. If you have any recommendations, please share. Cheers!

  3. I¡¦ve been exploring for a little for any high-quality articles or blog posts in this kind of space . Exploring in Yahoo I finally stumbled upon this web site. Studying this info So i am satisfied to show that I have an incredibly good uncanny feeling I discovered just what I needed. I most without a doubt will make sure to don¡¦t overlook this web site and give it a look on a relentless basis.

  4. Nice read, I just passed this onto a colleague who was doing a little research on that. And he just bought me lunch because I found it for him smile So let me rephrase that: Thank you for lunch!

  5. I like the helpful information you provide on your articles. I’ll bookmark your blog and check again right here frequently. I’m somewhat sure I’ll be told lots of new stuff right right here! Best of luck for the next!

  6. Wow, I concur with your point of view. This is a great way to collect attention. I really appreciate examining on this post. Always preserve your capacity. Many thanks for sharing your excellent experience with us.

Leave a Reply

Your email address will not be published. Required fields are marked *