Topic “Tetra Pak” — Exporter Magazine
GEA Group has reached an agreement to acquire a New Zealand-based powder specialist as part of its ongoing strategy to expand in the emerging Asian markets and compete with rivals such as Tetra Pak, according to FoodProductionDaily.com. Tetra Pak already has a manufacturing site in Pune but it has been in operation for nearly 14 years and is reaching its full capacity of 5 billion packages. The new Pune plant will have an initial annual production capacity of 8.5 billion packages, with the potential of increasing to 16 billion packages. A revolutionary UHT milk processing system by Tetra Pak slashes production time by up to 90%, cuts operating costs in half and reduces capital outlay by almost a third compared to conventional equipment, according to DairyReporter.com.