PEPSICO OPENS A GREEN PLANT IN CHINA
Pepsico has announced that it will invest a billion dollars in China and has opened its first green plant in Chjongqing in the West.
Beveragedaily.com reports that this plant is first in its portfolio to comply with the standards set by LEED (Leadership in Energy and Environmental Design.
Pepsico goes on to report that it will invest in further major capital projects in five cities: Nanchang, lanzhou, Quanzhou, Zhengzhou and Kuniming.
It will also bolster research and development locally to add more products to its range. The rnage currently includes Cao Ben Le drinks, Lay’s Lychee Potato Chips, and Tropicana Gua Bin Fen Juices.
PepsiCo also plans to strengthen its local research and development investment in order to widen its portfolio of Chinese-designed and developed products. The range currently includes: Tropicana Guo Bin Fen juices, Lay’s Lychee potato chips and Cao Ben Le drinks.
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