The new investment is expected to raise the factory’s annual capacity to 16.5 billion boxes from 11.5 billion boxes, thereby meeting the increasing demand for sterilised paper boxes in Vietnam and other countries in the region.
The factory in Binh Duong will also be retrofitted to produce high-grade paper boxes to replace imported ones.
In addition, 2,300 solar panels will be installed on the roof of the factory in a bid to eliminate greenhouse gas emissions by 2030.
General Director of Tetra Pak Vietnam Eliseo Barcas affirmed that the additional investment of EUR5 million demonstrates the belief of Tetra Pak Vietnam in particular and FDI enterprises in general in the strong recovery of the Vietnamese economy after the pandemic.
According to Tran Quang Trung, chairman of the Vietnam Dairy Association, the expansion will help manufacturers remain assured of the supply and quality of packaging materials, particularly in the context of the disruption of global supply chains. The local source of packaging materials of Tetra Pak in Binh Duong is a great advantage not only for dairy producers but also for the food and beverage industry in general.
Tetra Pak Binh Duong was put into operation in mid 2019 and is the eighth of its kind in the Asia-Pacific region. The factory’s sterile paper boxes serve domestic demand and exports to ASEAN countries, Australia and New Zealand.
