Latest News:  
Beijing   Cloudy/Overcast    12 / 5   City Forecast

People's Daily Online>>China Business

Coca-Cola opens largest production facility in China

(Xinhua)

16:59, March 29, 2012

SHENYANG, March 29 (Xinhua) -- An opening ceremony was held in Liaoning province Thursday to inaugurate global beverage leader Coca-Cola's new bottling plant, its 42nd and largest production facility in China.

With an investment of one billion yuan (160 million U.S. dollars), Coca-Cola Liaoning (Central) Beverages Co. Ltd. covers an area of over 170,000 square meters in Yingkou city, said Muhtar Kent, chairman and CEO of The Coca-Cola Company, at the event.

Coca-Cola's third bottling plant in Liaoning, the new site should reach an annual production capacity of 1.2 million tonnes of sparkling and still drinks including Coca-Cola, Sprite, Minute Maid and Ice Dew upon completion, according to Kent.

It is expected to directly create 500 jobs and generate an additional 5,000 job opportunities in supporting industries, the CEO said.

The new plant is part of Coca-Cola plans to invest four billion U.S. dollars in China over three years and underscores the company's confidence in this fast-growing beverage market, he added. The plan will see Coca-Cola invest in nine production facilities, four of which are already in operation.

"China is a vast growth market for Coca-Cola. As we work to double the size of our global business in this decade, China will play a leading role," Kent told those gathered at the ceremony.

Since 1979, Coca-Cola has invested more than five billion U.S. dollars in the Chinese market, including three billion U.S. dollars from 2009 to 2011.

Email|Print|Comments(Editor:张茜)

Leave your comment0 comments

  1. Name

  

Selections for you


  1. Original photography narrates city fairy tales

  2. Tanya's haute couture collection released

  3. Forest fire under control in SW China's Yunnan

  4. Paper iPads popular for Tomb-sweeping Day

Most Popular

Opinions

  1. Anelka cannot save Chinese football
  2. Quick stop to good progress in N.Korea
  3. EU urged to do Chinese companies justice
  4. A hard-earned, favorable turn for Syria issue
  5. BRICS mulls joint bank
  6. How far away are we from nuclear terrorism?
  7. Benefits, not values, define BRICS unity
  8. China slams Japan's move over Diaoyu Islands
  9. More efforts needed for enhancing nuclear security
  10. Chinese solar companies to fight US tariffs

What's happening in China

Foreign students in China make Qingming festival food

  1. China's March PMI rises to 53.1 pct
  2. Chinese cities dim lights in environmental initiative
  3. Qinghai to invest heavily in grassland recovery
  4. Chinese film studio joins hunt for fugitives
  5. China's Suning 2011 net profit up 20 pct

PD Online Data

  1. Spring Festival
  2. Chinese ethnic odyssey
  3. Yangge in Shaanxi
  4. Gaoqiao in Northern China
  5. The drum dance in Ansai