PEPSICO
New food and beverage R&D centre in Shanghai / Strategic step to drive growth in emerging markets
US drinks and foodstuffs giant PepsiCo (Purchase, New York / USA; www.pepsico.com) recently opened its largest food and beverage innovation centre outside North America. Located in Shanghai / China, the facility will serve “as a hub of new product, packaging and equipment innovation for PepsiCo’s businesses throughout Asia.” The US company said the facility is one of its largest integrated food and beverage R&D centres in the world. Investment costs were not disclosed.

Aside from a culinary centre and test kitchens, the new facility will also include a pilot manufacturing plant where researchers can test new ideas aimed at accelerating PepsiCo’s innovations in China and the greater Asia region. In fact, both China and Asia Pacific in general are key components of the group’s plan to drive growth in emerging and developing markets.

Other steps PepsiCo has undertaken as part of this strategy this year include new beverage manufacturing plants in Kunming and Zhengzhou / China as part of its strategic alliance with Tingyi (www.mastercom.cn). In neighbouring Myanmar, the US group also this year signed a distribution agreement with consumer packaging goods distributor Diamond Star (Yangon; www.cdsg.com.mm).
05.12.2012 Plasteurope.com [224031-0]
Published on 05.12.2012

© 2001-2024 Plasteurope.com  |  Imprint  |  Privacy  |  Cookie settings

Plasteurope.com is a business information platform for the European plastics industry. It is part of KI Kunststoff Information and PIE Plastics Information Europe, one of the leading content providers for the European plastics industry. We offer daily updated business news and reports, in-depth market analysis, polymer prices and other services for the international plastics industry, including a suppliers guide, career opportunities, a trade name directory and videos.

News | Polymer Prices | Material Databases | Plastics Exchange | Suppliers Guide | Jobs | Register | Advertising

PIE – Plastics Information Europe | KI – Kunststoff Information | KunststoffWeb | Plastics Material Exchange | Polyglobe | K-Profi
© 2001-2024 by Plasteurope.com, Bad Homburg
Date of print: 16.11.2024 18:49:04   (Ref: 71384433)
Text and images are subject to copyright and other laws for protection of intellectual property.
Any duplication or distribution in any media as a whole or in parts requires prior written approval by Plasteurope. URL: http://www.plasteurope.com/news/detail.asp