Tetra Pak to invest extra £30 million in China

Tetra Pak has announced its intention to invest an additional £30 million into its hi-tech 620m RMB(£60m) plant in Beijing. The investment is designed to double production capacity from eight billion packages to 16 billion to meet growing demand in the Chinese dairy market.
A second laminator will be installed in the Beijing plant, and is scheduled to start production early next year. With the new investment, Tetra Pak says the Beijing plant will be a world showcase for materials specifically designed for use in the Tetra Brik Aseptic and Tetra Fino Aseptic Filling Systems. Tetra Pak CEO Dennis Jansson said,“The Chinese dairy industry has witnessed an average growth rate of 26% from 1993 to 2004 and we believe that it will continue to grow at an average rate for around 15% for the next five years.