Nestlé China to invest millions in factories
Nestlé is investing more than 100 million Swiss Francs (RMB 730 million) to strengthen its footprint in China and enable it to further enhance its product portfolio.
The investment includes the company’s first production facility in Asia for plant-based products.
In recent years, the food sector has undergone a quiet revolution as people are choosing more and more healthy, nutritious, and environmentally friendly foods. To meet this demand, Nestlé has decided to step up its focus on the plant-based category and invest in a new production facility at Tianjin Economic-Technological Development Area (TEDA). By investing more in latest technologies to create products using plant, Nestlé will help to reduce carbon emissions. In 2019, Nestlé announced the goal of achieve zero net greenhouse gas emissions by 2050.
Nestlé continues to bring innovation to its product offerings in China. Chengzhen, a flagship wafer product series launched in 2019, has been widely welcomed by the market. With this latest project, Nestlé will increase investment in the transformation of wafer products and expand the annual production capacity in order to provide consumers with more diversified options for healthy leisure snacks.
Beyond the expansion of production capacity, Nestlé will also upgrade its Quality Assurance Center in Tianjin by further enhancing laboratory testing and quality monitoring services, quality assurance and laboratory capacity-building training, technical support for food safety and compliance testing, and more.