CHINA: Coca-Cola marches on with new $106m Hebei bottling plant
The bottling plant is the group's 43rd in China
The Coca-Cola Co has launched a new US$106m bottling plant in China's Hebei region as part of a wider investment programme in the country.
The 42-acre plant, in Shijiazhuang, will initially bottle sparkling and still products, including Coca-Cola, Sprite, Fanta, and Minute Maid. Three additional lines will be installed over the next few years, while 2,000 jobs will be created, the company said yesterday (24 Ocotober).
The facility, which is Coca-Cola's 43rd plant in China, is part of a three-year $4bn investment in the country.
Hebei region, the company said, has become one its most important growth regions, with a population of around 72m and a per capita GDP of $5,259.
“Today’s inauguration of this world-class plant is a major milestone,” said Zhang Jixiang, president & COO of COFCO Coca-Cola. “Upon completion, it will become the largest of our 12 Coca-Cola bottling plants in China.”
View Larger Map
The Coca-Cola Co (TCCC) is the leading player in both soft drinks and in HW soft drinks. The company’s strength is based on its diversity of category presence from HW carbonates to RTD tea and bottled...
Consumption of fruit/vegetable juice declined in 2012 in both the off-trade and on-trade channels. Off-trade volume sales of fruit/vegetable juice fell by 5% in 2012; a third consecutive year of decli...
Energy drinks are a category of non-alcoholic beverages that contain stimulants such as caffeine in combination with numerous other ingredients such as taurine, methylxanthines, amino acids, herbal ex...
Synopsis Canadean's "Coca-Cola HBC Serbia: Consumer Packaged Goods - Company Profile & SWOT Report" contains in depth information and data about the company and its operations. The profile contains a ...
- SABMiller's troubles fuel M&A rumours
- Diageo's future brighter than present suggests
- Diageo's Q1 Results by Region
- Focus - Remy Cointreau's H1 Performance by Brand
- Three Questions for the Drinks Industry
- Moët Hennessy unveils first Travel Retail outlet
- Diageo puts Beckham centre stage in Haig Club ad
- Moet Hennessy sales falter in YTD
- Diageo Q1 sales dip "in line with expectations"
- Diageo to appeal Parrot Bay UK TV ad ban