Tetra Pak Invest $25.3 Million in Factory for Packaging ‘Closures’ in Asia & Oceania

89ac67a3-9e5e-4938-bd16-2f6005316440articleimage.jpg

15 Feb 2017 --- Tetra Pak, the world's leading food processing and packaging solutions company, today announced a €24 Million ($25.3 Million) investment in it’s very first plant for Packaging Closures in South Asia, East Asia and Oceania. The facility is set to capture the region’s rapid market growth for packaging with Closures, forecast to grow by more than 30% between 2015 to 2018. 

The €24 million ($25.3 Million) investment, which will create around 60 jobs when it opens early in 2018, will be capable of producing more than 3 billion closures every year.

With demand for well-designed closures on beverage cartons rising all the time, the new facility will provide much-needed local production and essential extra capacity.
Michael Zacka, Cluster Vice President, Tetra Pak South Asia, East Asia and Oceania (SAEA&O), said: “The new production facility will ensure faster delivery for customers across the region, offering a broad range of exciting closures that meet consumer demand for functionality and convenience.” 

“It’s another sign of the confidence we have in this region, and our commitment to putting our customers’ success at the heart of everything we do. Together with the packaging material factory that we will open in Vietnam in 2019, our fourth in southern Asia alone, our ability to serve customers in this exciting part of the world is growing stronger all the time.”

The new production facility will be located within the company’s existing Straws and Strips Plant in Rayong, Thailand and will become operational in early 2018. With a production capacity of more than three billion units per year, the new plant will enable customers across the region to access locally produced Closures for the first time.  
  
“Consumers in our region are increasingly looking for packaging that is functional and convenient, in order to suit their progressively busy lifestyles,” says Zacka. “Being the industry leader, we are committed to drive innovation and help our customers address the evolving market needs. With this new facility we will be able to provide our customers with a wider portfolio of Caps and Closures, with shorter lead time and enhanced quality, efficiency and flexibility.” 

Besides producing new generation Closures such as HeliCap23, HeliCap27 and DreamCap26, the factory will also produce bio-based Closures, to help drive the sustainability agenda. Additionally, the location of the new factory will reduce CO2 emissions through reduced transportation from the production site to the final customer. And finally, the technology used in the plant will also minimise energy consumption during production. 

The announcement comes two months after Tetra Pak announced a €100 Million investment in a new regional Packaging Material manufacturing facility in Vietnam, to build the company’s manufacturing footprint in Asia, alongside existing production facilities in Singapore, India and Japan.  

“We are extremely positive about the growth outlook in our region and are quite confident that the new Closures plant will help us open many new opportunities,” said Zacka. 

Tetra Pak

Collapse

Company Overview

Tetra Pak is the world's leading company for food processing and packaging solutions. Working closely with our customers and suppliers, we provide safe, innovative and environmentally sound products that each day meet the needs of hundreds of millions of people in more than 170 countries around the world. With close to 22,000 employees based in over 85 countries, we believe in responsible industry leadership and a sustainable approach to business. Our motto, PROTECTS WHATS GOOD," reflects our vision to make food safe and available, everywhere

Products

At Tetra Pak we are specialists in complete solutions for the processing, packaging and distribution of food products. Our solutions are specifically designed to be as economical with resources as possible. Dairy products, juices and nectars, ice cream, cheese, food and vegetables and pet food are examples of products that can be processed or packaged in Tetra Pak processing and packaging lines. We focus on keeping the consumption of all raw materials and energy to a minimum during both the manufacturing process and distribution. The processing solutions are also designed to treat the products gently.

Our products are divided into several categories:

Packages
Processing equipment
Filling machines
Distribution equipment
Service products
R&D

Our customers need faster, better and cheaper developments to reduce their operational costs and to increase performance in order to remain competitive. We invest in technology and new products in response to customers, consumer and market dynamics.

Environmental sustainability

We are committed to running our business in an environmentally sound and sustainable way. We set goals for continuous improvement in our development, sourcing, manufacturing, and transportation activities. As part of that commitment, we take a long-term and lifecycle view, continually improving environmental performance, communicating openly with our stakeholders and reporting regularly on our performance. Read about our environmental performance.

Food for Development

For more than 45 years, we have helped customers, governments, international and community-based organisations and farmers to provide milk and other nutritious drinks in schools around the world. Read about Food for development and our school milk projects.

Related Articles

Food Ingredients News

Givaudan launches FreezeFrame innovation to deliver freshness in convenience foods

18 Oct 2017 --- Leader in flavors, Givaudan, has announced new flavor and taste solutions which will enhance the perception of freshness in convenience foods. A range of seven top notes and taste solutions is being launched in phase one of the company's FreezeFrame innovation: lime, lemon, asparagus, lettuce, basil, coriander/cilantro and parsley. According to Givaudan, this new freshness technology revitalizes convenience foods by making dishes taste like they were prepared just moments earlier. A second phase is already under development and will be available later this year. 

Business News

Ajinomoto buys majority stake in Spanish agro-business

18 Oct 2017 --- Japanese food and chemical corporation Ajinomoto has acquired the majority shares of a Spanish agro-business, expanding its profile in Europe.

Food Ingredients News

Herza launches vegan chocolate, sugar substitutes & unconventional taste sensations

18 Oct 2017 --- Herza Schokolade, one of the leading European suppliers of functional chocolate pieces, is launching vegan chocolate pieces, sugar-free chocolate inclusions based on xylitol and excitingly and unconventionally flavored chocolates that will stimulate creativity in NPD at FIE later this year in Frankfurt. 

Business News

Danone reports accelerated sales growth in Q3, driven by demand for infant formula in China

17 Oct 2017 --- The world’s largest yogurt maker, Danone, has reported better-than-expected Q3 sales results with a 4.7 percent increase, driven by the demand for infant formula and water products specifically in China. The performance came above the company-compiled average of analyst estimates for 2.8 percent growth in group sales. The dairy business improved in the US, where the integration of its acquisition of WhiteWave remained on track. The company also reiterated its full-year guidance. 

Food Ingredients News

Brabender GlutoPeak optimizes receipt of goods at Wiesneth Muehle

17 Oct 2017 --- In the milling industry, being able to determine the quality of raw materials is fundamental. Being able to test them is an essential task. Wiesneth Mühle GmbH in Franconian Pommersfelden, Germany, has taken its quality management to the next level, at the same time introducing a time-efficient system.

More Articles