17 Jun '11, 1pm

F&N opens S$110m canned milk plant in Thailand - Channel News Asia: F&N opens S$110m canned milk plant in Thaila...

F&N opens S$110m canned milk plant in Thailand - Channel News Asia: F&N opens S$110m canned milk plant in Thaila...

SINGAPORE: Singapore-listed Fraser and Neave (F&N) has officially launched its largest food and beverage investment in Thailand so far. The S$110 million canned milk plant is part of the conglomerate's strategy to become a leading food and beverage player in the Asia Pacific region. With the opening of the new plant, F&N expects to double the revenue out of its Thailand dairy operations to S$691 million by 2016. It also has aggressive plans to increase Indochina revenue for dairy at a rate of 40 per cent to 50 per cent annually. Located about 70 kilometres outside of Bangkok, the Rojana plant is equipped to serve a consumer base of over 200 million, covering Thailand and Indochina. Mr Koh Poh Tiong, F&N's Chief Executive Officer of the Food and Beverage Division, said the plant will also open doors and provide the potential to set up new plants in countries such as Vietnam...

Full article: http://www.channelnewsasia.com/stories/marketnews/view/11...

Tweets

#singapore #news F&N opens milk factory in Thai...

straitstimes.com 17 Jun '11, 3pm

FRASER & Neave's (F&N) food and beverage unit has opened a $110 million canned milk factory in Thailand, as it prepares to...

Singapore Daily Bulletin – 20/06/11: F&N Opens ...

sharesinv.com 20 Jun '11, 2am

F&N Opens $110m Thai Canned Milk Plant Fraser and Neave (F&N) officially opened its largest canned milk plant in Thailand....