MALAYSIA - Nestlé has invested approximately US$88.47 million (RM 378 million) in a new beverages factory and noodle line in Malaysia. Both facilities are located in Nestlé’s largest manufacturing site in the country, in the city of Shah Alam, which employs close to half of Nestlé Malaysia’s workforce.
GLOBAL – AB InBev and SABMiller have reached agreement “in principle” to create the world’s largest brewer.
AUSTRALIA – Fonterra has expanded its site in Cobden site with a new US$22.4 million fresh milk plant that will supply major Australian retailer Woolsworth.
SOUTH KOREA – In a bid to recover from sharply declining sales back home, British retailer Tesco is selling off its South Korean unit Homeplus to MBK Partners for £4.2 billion.
INDONESIA – As an example of how brand owners are successfully adapting to Asian consumer market demand trends and legislation, Guinness’s response to government legislation in Indonesia curbing excessive drinking, a 0% ABV version of its Guinness stout, has been yielding favourable results.
Packaging Supply Chain news from the Asia Pacific
