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Tetra Pak expands investment in Vietnam

Tetra Pak has announced an additional investment of five million EUR in its 120 million euro packaging material factory in Binh Duong province.
Tetra Pak expands investment in Vietnam ảnh 1Tetra Pak's factory in Binh Duong (Photo: Tetra Pak)
Binh Duong (VNS/VNA) - Tetra Pak has announced an additionalinvestment of five million EUR in its 120 million EUR packaging materialfactory in southern Binh Duong province.

The additional investment reaffirms its confidence in Vietnam'seconomic rebound from the COVID-19 pandemic and its continuing commitment tosupport food and beverage producers in Vietnam.

“This additional investment of five million euros reflects ourconfidence in the strong recovery of Vietnam’s post-pandemic economy,” saidEliseo Barcas, Managing Director for Tetra Pak Vietnam. “This investment alsoenables us to better serve our customers by offering greater capacity, moreexciting packaging innovation and reducing our environmental footprint.”

The new investment is expected to increase the factory’s annualoutput from the current 11.5 billion to 16.5 billion packages, thereby meetingthe growing needs for aseptic packages in Vietnam and regional markets. Inaddition, it empowers the factory to produce premium carton packages to replaceimports.

The upgrade will also include the installation of 2,300 solarpanels on the factory’s roof. This effort is part of Tetra Pak’s ambition toachieve net zero greenhouse gas emissions in the company’s operations by 2030.

“As the business environment is being surrounded by manychallenges brought on by COVID-19, the expansion of Tetra Pak factory in BinhDuong province is indeed a refreshing highlight, reflecting the company’sleadership in the food packaging industry,” said Tran Quang Trung, President ofthe Vietnam Dairy Association.

“The expansion would surely give dairy producers peace of mind on thecontinuous supply and quality of the carton packaging, which has become veryimportant in the context of the current disruptions in the global value chain.Sourcing packaging material from a local production as in Tetra Pak Binh Duong factoryis, no doubt, a big advantage for not just dairy but other food and beveragemanufacturers.”

With the investment, Tetra Pak continues to reinforce itsstrategic focus to protect food, people, and the planet, which is even moreimportant during the pandemic.

“The pandemic has stressed the importance of safe and nutritiousfood in protecting people’s health. Working with local food manufacturers, wehave delivered about seven billion units of liquid food packaged in cartons toVietnamese people over the past nine months, an equivalent growth of almost 14percent on a year-over-year basis,” Barcas said.

Put into operation in mid-2019, Binh Duong factory was TetraPak’s eighth facilities in the Asia Pacific region that is set to produceaseptic cartons for domestic and export markets in ASEAN, Australia and NewZealand.

In 2020, Tetra Pak Binh Duong was certified with the most-demanding LEEDVersion 4 Gold, which helps the factory save 17.6 million litres of water,recycling or salvaging 65 percent of generated waste, and decreasing 4,000tonnes of CO2 emissions a year./.
VNA

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