Kraft Foods investing US$100M to expand coffee output at its plant in northwestern Russia; plant's annual output of freeze-dried coffee will jump more than 50% by 2013, company official says
Nevin Barich
LOS ANGELES
,
October 25, 2011
(Industry Intelligence)
–
Kraft Foods is investing US$100 million in coffee output expansion at its plant in northwestern Russia, Ria Novosti reported Oct. 25.
Kraft production director Mikhail Sakhnov said the company would use its own funds to expand its coffee facility at Gorelovo in the Leningrad Region. He added that the plant’s annual output of freeze-dried coffee would jump by over 50% to 16,900 tons a year by 2013.
Additionally, the company plans to spend US$7.5 million on installing equipment to process waste products from coffee production.
The primary source of this article is Ria Novosti, Moscow, Russia, on Oct. 25, 2011.
* All content is copyrighted by Industry Intelligence, or the original respective author or source. You may not recirculate, redistrubte or publish the analysis and presentation included in the service without Industry Intelligence's prior written consent. Please review our terms of use.