CR Snow Jiangsu 200,000 kl Beer Project Started Construction

Source: Sinocast

JIANGSU, September 9, SinoCast -- China Resources Snow Breweries (Taizhou) started construction of a new beer project with annual production capacity of 200,000 kiloliters at Gaogang High-tech Industrial Park, Taizhou City, Jiangsu Province on September 8, 2011.

The project planned to introduce into two modern beer production lines, which is predicted to have annual production capacity of 200,000 kiloliters, have investments of USD 51.84 million, cover land taken over for use of 230 mu (1 mu = 667 square meters) and complete construction in July 2012.

Since 2004, China Resources Snow Breweries started expanding presence in Jiangsu Province, acquiring the Chinese business of Australian Lion Nathan and a 49% stake in Jiangsu Big Boss Beer held by Heineken Asia Pacific Breweries, integrating Sunday Brewery, and built a new modern factory with annual production capacity of 400,000 tons in Nanjing. Currently, it has owned four factories in Nanjing, Suzhou, Wuxi and Changzhou.

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