(PEP) PepsiCo Goes Green in China – Analyst Blog

Most of the major food and beverage companies are now investing in China as part of their expansion strategies. PepsiCo (PEP), one of the world’s largest food and beverage company, opened its first overseas “green” plant in Chongqing, China. The investment is part of the company’s plans to invest $1 billion in the country.

This is the largest, and the most ambitious development effort of PEP in China to date. The Chongqing plant is the first “green” beverage plant ever built in China, and the first of its kind in the industrial center of Chongqing to comply with the rigorous sustainable engineering standards known as Leadership in Energy and Environmental Design (LEED) set by the Green Building Council.

The plant utilizes over 35 water- and energy-saving designs and operates under the world’s most advanced technology Incorporatedluding an environmental management system that monitors water and energy use on every production line and every piece of individual equipment in real time. Therefore, the state-of-the-art beverage facility is important to the company’s ongoing strategy to expand in emerging markets and broaden its portfolio of locally relevant products.

In addition, PEP also plans to fund a variety of major capital programs to grow its manufacturing capacity in China. Over the next two years, the company intends to open five new beverage manufacturing plants in Kunming, Zhengzhou, Quanzhou, Lanzhou and Nanchang, strengthen its local research and development capabilities and broaden its portfolio of Chinese-designed and developed products such as Tropicana Guo Bin Fen juices, Lay’s Lychee potato chips and Cao Ben Le drinks, which are inspired by traditional Chinese medicine.

Zacks Investment Research
View original at: Zacks.com News Feed

Related Posts:

  1. (CAT) China Goes Green, Dumps Hummerby The Investment U Research Team In what may be one of the sickest cases...
  2. (SNP) China Petroleum & Chemical Corp. – Momentum – Zacks Rank BuyChina Petroleum & Chemical Corp.’s (SNP) share price is on the rise as crude trends...
  3. (NWD) 9 Top China PlaysEvery now and then I like to give guest authors a chance to share their...
  4. China’s Investment Alternatives: Why China Can’t Sell U.S. Treasuriesby David Fessler, Advisory Panelist As if we needed something else to concern ourselves with,...
  5. (AMR) Badger Meter’s Green Technology Soars Under Pressureby Katharine Schildt, Assistant Editor, The Oxford Club The demand for utilities is something that...
  6. (GMCR) – Green Mountain Coffee Roasters – Next year’s earnings growth is currently projected at a staggering 53.3%Green Mountain Coffee Roasters, Inc. (GMCR) analysts have been increasing estimates since the third-quarter earnings...


Search Posts by Tag: | | Consumer Goods | Processed & Packaged Goods

RSS Feeds by Tag: PEP | Pepsico | Consumer Goods | Processed & Packaged Goods |

Other Posts by: | RSS Feed for this author