Suntory PepsiCo Vietnam opens fifth beverages plant
|At the inauguration ceremony of the Quang Nam plant. Photo: Suntorypepsico.vn|
New Quang Nam plant on 14 ha at Dien Nam - Dien Ngoc Industrial Zone.
Suntory PepsiCo Vietnam Beverages (SPVB) has held an opening ceremony for its new beverage plant at the Dien Nam - Dien Ngoc Industrial Zone in central Quang Nam province's Dien Ban town.
This is its fifth plant in Vietnam, joining those in Ho Chi Minh City, Bac Ninh province, Can Tho city, and Dong Nai province.
The new plant has a maximum capacity of 850 million liters per year and ten production lines. Five production lines are in operation, with a capacity of 300 million liters per year, while the remainder will go into operation in the plant’s second phase.
The Quang Nam plant is of the same scale as others belonging to Suntory Holdings Limited (Japan) and PepsiCo, Inc. (US). It is located on 14 ha with investment of $56 million and its products are expected to meet domestic and export demand.
PepsiCo officially entered Vietnam in 1994. By 2004, SPVB had penetrated into and expanded its production and business in Quang Nam through the merger and acquisition of a plant in Dien Ban to develop more markets and meet the needs of people in Vietnam.
SPVB is a strategic alliance between PepsiCo Inc. and Suntory Holdings Limited, officially formed in April 2013 and increasingly asserting its leading position in the domestic food and beverages (F&B) market. Suntory holds 51 per cent and PepsiCo 49 per cent.
Founded in 1899, Suntory is a major multinational beverage company with 337 subsidiaries and around 42,000 employees in Japan, the US, Europe, and Asia-Pacific.
PepsiCo is a global F&B leader with net revenue of more than $65 billion and a product portfolio that includes 22 brands generating more than $1 billion each in annual retail sales.
by May May