Business Intelligence on Retailing, Franchising, and Consumerism in China


Snow Breweries Invests CNY650 Million To Open Production Base In Shanghai

China's leading beer brewer China Resources Snow Breweries has announced plans to invest CNY650 million to set up a production base in Shanghai.

The foundation-laying ceremony for the base in Shanghai Baoshan Industrial Zone was completed on December 18, 2008, marking the brand's overall entrance into the Shanghai market.

Covering a total area of 190,000 square meters, the manufacturing base will have an annual production capacity of 400 million liters on its completion, which makes it probably the largest brewery in Shanghai.

Jointly owned by the Hong Kong-listed China Resources Enterprise and the world's leading beer brewer SABMiller, China Resources Snow Breweries has more than 60 breweries across China. In 2007, the company sold over 690 million liters of beer in China, accounting for 17% of the total beer consumption of the countries.






Be the first to comment on "Snow Breweries Invests CNY650 Million To Open Production Base In Shanghai"

Leave a comment

Your email address will not be published.


*




  Other China News

ChinaTechNews.com:

AutoNavi, Delphi Reach Deal

Hisense's Net Profit Down 47.39% In First Three Quarters Of 2017

Airbnb China Head Resigns

DMG To Buy China Rights Of Forbes Brand


GreenChinaTech:

Chinese Electric Bus Manufacturer Lands USA Deal

American Electric Car Manufacturer To Build In China

U.S. Clean Water Company Makes Chinese Inroads

GE Will Promote Wind Power Through New Chinese Education Center


ChinaSourcingNews.com:

JD To Build Global Logistics Headquarters In Xi'an

Wumart, AGS Sign Agreement For Seafood Direct Procurement

India Gains Second Factory From China's Xiaomi

85% of Indian Staff To Lose Jobs At China's LeEco