Tetra Pak has unveiled plans to invest EUR90m (US$140.3m) in Pakistan and EUR30m in Brazil to meet growing demand in the dairy and beverage sectors.
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The packaging giant plans to build a packaging material factory in Pakistan and invest in printing and laminating technologies at its plant in Monte Mor, Brazil.
“These investments demonstrate our continuing commitment to support our customers around the world with best-in-class packaging and processing systems, thus ensuring faster delivery, better quality, greater convenience and increased flexibility,” said Alejandro Anavi, executive vice president of supply chain operations.
In Pakistan, the new plant will have an initial capacity of 8bn packages annually. It will be Tetra Pak’s first facility for liquids in the Middle East and will have the potential of doubling production to 16bn packages a year.
It will primarily serve Pakistani customers, but will also export to other countries in the region, Tetra Pak said.
Construction will begin in the third quarter of this year and production at the factory is expected to start during the second half of 2010.
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By GlobalDataAt the company’s existing site in Brazil, a state-of-the-art laminator and a new FlexoProcess printing line will be added.
The new technologies will increase printing and lamination capacity by 25% – up from the current capacity of about 10bn packages a year, the company said.
Last month, the company announced a EUR26m investment at its plant in Rubiera, Italy. During 2008, the company will also complete a EUR60m packaging material manufacturing plant in Hohhot, China.
