Nestlé Opens New Milo Factory In Vietnam
Nestlé has announced that it has opened a new factory in Hung Yen, Vietnam.
The factory is set to create 200 jobs and will develop products closer to its target market, thus ‘saving on carbon emissions'.
The plant will produce the ready-to-drink Milo beverage in cartons, to supply the market in the north of Vietnam. The new facility comes as the company's existing factory in the south has reached its capacity.
Nestlé said that the site will use the latest environmental technology, including ‘environmentally-friendly refrigerants in the cooling system, along with heat and energy recovery systems in utilities’.
The site will also send zero waste to landfill. It adds, ‘the high environmental standards at the factory are part of our 2030 ambition to strive for zero impact in our operations’.
Wan-Ling Martello, Nestlé Executive Vice President and Head of Zone for Asia, Oceania and sub-Saharan Africa, attended the launch. She said “I am proud of the important new investments we are making in Vietnam. It demonstrates Nestlé’s commitment to emerging markets in general, and to Vietnam in particular, especially in the context of a volatile economy.
“Nestlé Vietnam has great performance in the last few years, which thanks to an ever-expanding consumer market, and a favourable business environment. We have a long-term vision and a firm belief in the potential of the country.”
Nestle now has six factories operating in Vietnam.
Nestlé also announced recently that it opened a new factory in Dubai South, investing 530 million dirhams (€130 million) into the sustainable production of its Maggi and Nescafé brands.
© 2017 European Supermarket Magazine – your source for the latest retail news. Article by Aidan O’Sullivan. Click subscribe to sign up to ESM: The European Supermarket Magazine.