Nestlé China to invest CHF 100 million in factories

Nestlé will increase investment in its confectionery business

Nestlé has announced a series of new investment measures aimed at further strengthening its layout in China, while further enriching its product portfolio through technological innovation and high-end product development. The overall scale of the capital increase exceeded CHF 100 million (approximately RMB 730 million), including the expansion of the existing pet food factory in Tianjin and the introduction of new high value-added products based on the company’s strong growth in pet food. 

In addition, it established its first plant-based product production line in Asia in Tianjin.

Nestlé will increase investment in its confectionery business, upgrade its “true” wafer production line, and further develop the capabilities of Tianjin Nestlé Quality Assurance Center.

This investment demonstrates Nestlé’s determination to help China’s food industry transform and upgrade. 

On the 20th, the Tianjin Economic and Technological Development Zone Management Committee and Nestlé China held a cooperation memorandum signing ceremony in Tianjin. Guests from government and enterprises witnessed the signing of the cooperation agreement.

Luo Shide, Chairman and CEO of Nestlé Greater China, said: “Nestlé has always maintained a firm commitment to the Chinese market and has continuously consolidated its foundation for development in China. Since Nestlé opened its first factory in Tianjin in 1994, Tianjin Economic Development Zone has always been one of our important bases for development in China, and the company has continuously increased investment. We sincerely thank the local government for its strong support to Nestlé for many years and the good development environment provided. In the spirit of Nestlé’s creation of shared value ’The way of doing business, we hope that the new investment plan can promote the upgrade and expansion of food manufacturing and product innovation, and bring new impetus to the sustainable economic development of local communities.”

In this regard, Zheng Weiming, Secretary of the Party Committee of Tianjin Economic and Technological Development Zone and Director of the Management Committee of Tianjin Economic and Technological Development Zone, said: “Nestle, as a leading global food industry enterprise introduced by Tianjin, has been investing in Tianjin for 25 years to effectively help local economic growth And it has driven the overall development of the local food industry industrial chain. After the outbreak, Nestlé actively responded to the government ’s call to actively promote economic construction after the epidemic, and continued to increase capital and expand production in Tianjin. This move will help the Tianjin Economic and Technological Development Zone in a new round of Economic Growth.”

Nestlé Group announced in 2019 that it will achieve zero net greenhouse gas emissions by 2050.

Mr. Luo Shide said: “With the support of the Chinese government, Nestlé has achieved initial victory in the prevention and control of the new coronary pneumonia epidemic and resumption of production. We have chosen to increase investment in the Chinese market at this time, once again highlighting our Confidence and long-term commitment. Nestlé hopes to continue to introduce localized and innovative products to improve people’s quality of life and contribute to a healthier future. “

With Nestlé’s initiatives to increase production capacity and increase production of more mid- to high-end food products in Tianjin, the company will also increase the upgrading of the Tianjin Quality Assurance Center to further enhance the laboratory’s ability in quality testing and monitoring, and Provide more extensive quality assurance training and technical support in food safety compliance testing.