Vitasoy opens new China plant

- Last updated on GMT

Related tags: China

Hong Kong-based soy milk-producer Vitasoy has opened its seventh global production plant in mainland China to address capacity constraints.

The new plant in Foshan doubles the company’s production capacity in Southern China at a cost of HK$500m ($64m).

Vitasoy is now the leading brand in the packaged soymilk market in China, with its business there representing 26% of the group’s total turnover.

Winston Lo, executive chairman of the Vitasoy Group said: “The China market has been a significant growth engine for us and the inauguration of Vitasoy Foshan plant is another major milestone and the start of a new chapter in Vitasoy’s business development in mainland. It also demonstrates our strong dedication in developing the market.”

The new plant has been designed to keep in line with the Chinese government’s call to protect the environment with ‘green’ building materials, a waste water treatment plant and low emissions.

“Looking ahead, we will continue to further develop in Guangdong and neighbouring provinces and strengthen our leading position in the Chinese soymilk market,”​ Lo said.

Related topics: Business

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