Coca-Cola opens biggest plant in Central China
Global beverage industry leader Coca-Cola opened its second bottling plant in Hunan province on April 11, the largest in Central China.
The Changsha plant is the 44th that has opened in China, and will have an expected annual production of one million tons by 2020, compared with that of 300,000 tons from Hunan’s first plant established in Changsha National Economic and Technical Development Zone in 2002.
The new plant will be equipped with nine production lines – four for water, four for soft drinks and one for juice. Four of these lines are currently operating, in a bid to meet growing requirements.
COFCO Coca-Cola Huazhong Beverages Co, the largest Coca-Cola bottling plant in Central China, begins operation on April 11. [Photo by Wang Bin/Changsha Evening News]
Coca-Cola has invested 320 million yuan ($41 million) in the plant which covers 226.18 mu (15.1 hectares) at the state-level Wangcheng Economic and Technological Development Zone in Changsha.
With an expected annual production capacity of 1 billion liters, COFCO Coca-Cola Huazhong Beverage Co, a joint venture founded by Coca-Cola and China's COFCO Corporation, will play a key role in expanding beverage production in the region.
Changsha government officials attend an opening ceremony for the new bottling plant on April 11. [Photo by Wang Bin/Changsha Evening News]
"The plant will breathe new life into the food industry in Changsha and explore new market for Coca-Cola," said Chen Wenhao, mayor of Changsha at the opening ceremony.
Muhtar Kent, chairman and CEO of Coca-Cola, showed his confidence in the Chinese market, "China is our third-largest market by volume, and we remain upbeat about the potential for growth."
Muhtar Kent, chairman and CEO of Coca-Cola is confident about growth in the Chinese market. [Photo by He Yalin/news.changsha.cn]
Source: Changsha Evening News