The investment is designed to meet customer needs across the growing Southeast Asian market and to improve the company’s competitiveness in other parts of the world, the company said.
Rusty Kekuewa, Tetra Pak VP, South and Southeast Asia, said: “The Coconut Knowledge Centre’s objective is to build market and technology expertise that will extend our leadership in coconut beverage innovation.
“This will be very important for our customers in the region who are growing their local markets and expanding sales abroad, particularly in the US.”
Tetra Pak also announced the completion of a €42m investment in its Singapore operations that took place over the course of three years. The investment included a new printer installation and a laminator upgrade in its packaging material factory that will boost production capacity by 33% from 15 billion to 20 billion packs per year. It also included new facilities for staff and customers.
Source: Tetra Pak
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