It is Tetra Pak’s eighth factory in the Asia Pacific region, and the €120m ($135m) plant will produce aseptic cartons for domestic and export markets in ASEAN, Australia and New Zealand.
The factory has a capacity of 20 billion packs per annum, currently producing Tetra Brik Aseptic and Tetra Fino Aseptic packages, with the option to expand with further packs in the future.
“This greenfield investment is a strong testimony of our long-term commitment to Vietnam, contributing to the nation’s economic development, generating employment opportunities and boosting the local industry,” said Adolfo Orive, president/CEO, Tetra Pak.
“This factory is not just a monetary investment for us. It reflects our pledge to be closer to our customers, to serve them faster and better, with greater flexibility and efficiency, and shorter lead times.”
According to Tetra Pak, the liquid food market, including dairy & fruit based beverages, soy milk, wine and spirits, in Vietnam has been growing at a healthy 6% CAGR for the last three years, and is projected to grow at a similar pace during the next three years, as compared to 4% growth per annum in the Asia Pacific region and 3% globally.
The Binh Duong factory is one of the first in Vietnam to apply the latest environmental standards in pursuit of the globally-recognized LEED Version 4 Gold certification.
For example, it has measures in place for energy monitoring and water recycling and can reduce its energy usage by up to 36% and reuse more than 21m liters of water a year. The production and warehouse facilities are climate-controlled and the factory implements key certifications for quality, environment and safety including ISO 9001, ISO 14001, ISO 45001.
Jeffrey Fielkow, MD, Tetra Pak Vietnam said the opening coincides with 25 years of Tetra Pak’s presence in Vietnam.
"With the new factory, we feel even more strongly connected to Vietnam and our customers, and even more confident of shaping the future of the industry, together,” he added.