Half a year to open 3 bottling plants

Source: Internet
Author: User
Keywords Coca-Cola Cofco Siamese twins rumors of breakup bottling plant
"Siamese twins" in Harmony still brewing two legs to walk? Category: Economic news Author: Wu Jingyan original Views: 0 Edition: GC05 name: Daily Wealth multinational company manuscripts: Southern Metropolis Daily Abstract: In a way to respond to the previous rumors about Coca-Cola and Cofco, the formal opening yesterday, the Coca-Cola beverage Jiangxi Nanchang Bottled Factory, although there is only one production line  , but the opening ceremony was unprecedented in the Coca-Cola and Cofco Group's top global leaders.  The world's top leaders met in a cordial way with the media, but the 30-year-old Coca-Cola and Cofco still quietly brewing two legs to walk?  In response to rumours that Coca-Cola and Cofco had broken up in part, yesterday's formal opening of the Cofco Coca-Cola Drink, Jiangxi Nanchang Bottling plant, although there is only one production line, the opening ceremony of the unprecedented emergence of Coca-Cola and the world's top leaders of the Cofco group.  Coca-Cola's chairman and chief executive, Muhtar, has been the third-ever to visit China this year, saying Coca-Cola's Chinese sales have continued double-digit growth in the past 21 quarters, jumping into the world's third-largest market last year.  Ning Gaoning, chairman of Cofco Group, said there would be three Coca-Cola bottling plants put into production this year and lay the groundwork. Jiangxi Investment 100 million annual output of 120,000 tons according to Cofco Coca-Cola beverage Jiangxi Bottled Plant information, the project investment of 100 million yuan, the current design of a pet bottle production line, design scale of 120,000 tons per year.  Since there was a rumor that Coca-Cola had broken up with Cofco, the bottling plant was closely watched by the 100%-owned construction of the Cofco Coca-Cola Beverage company. In this respect, Cofco Coca-Cola Beverages Co., Ltd. C EO Shoko said, "because the composition of Cofco Coke is 65% of Cofco, Coca-Cola accounted for 35%, so the Jiangxi plant can be understood as Coca-Cola accounted for 35% of the shares." "For the rumor of the breakup, Mr Jackson, president of Coca-Cola's Greater China, said for the first time:" Coca-Cola entered the Chinese market, and the cooperative relationship between Cofco lasted 30 years, the rumor of the break-up is not correct, the two sides are now very happy cooperation. "The rumor of the breakup was a series of consolidation between Coca-Cola and Cofco in the business of a bottling plant, after Kerry withdrew from Coca-Cola's cooperation in the bottled business three years ago. August 2007, Cofco Coca-Cola to sell its holdings in Chengdu, Harbin, Kunming, Taiyuan, Wuhan, Jilin, a total of 6 bottled plant shares, and exchange, to 270 million yuan to acquire Coca-Cola Beijing bottling plant 40% shareholding, to achieve the Beijing bottling plant 75% of the holding status.  Since then, the Coca-Cola and the purchase of Harbin Sasac's hands on Harbin bottling Plant 9, 7% Equity, was seen as a set up in China's business of bottled factories vigorously incorporated. "Coca-Cola's adjustment to bottling plants last year was aimed at improving overall operational efficiency and has seen the effect." "Mr Jackson to the previous bottling plant integration response said, but he also said," At present Coca-Cola, regardless of cooperation with Swire or COFCOWell, there are no new change plans at the moment. 5 years to build 2 bottles of Coca-Cola in March this year, the release of 2 billion U.S. dollars in China's capital increase plan, but also stimulate the Coca Cola in the bottling plant to accelerate the pace of business. Cofco Group Chairman Ning Gaoning said the Cofco Coca-Cola Holdings of Jiangxi Nanchang plant and Xinjiang Urumqi plant opened one day apart, and next week, the Inner Mongolia bottling plant will be the foundation. In the future of the bottling plant business expansion, Shoko revealed that the next 5 years to build two new bottling plants. "In addition to the new plant, the original bottling plant expansion project is in progress, Shandong and Tianjin plant in the year before the completion of the expansion." "The strong support of the world's big bosses, together with the two sides are also focused on breaking up rumors." But Coca-Cola's cooperation with COFCO is starting to move from a tight "conjoined twins" model to a looser "two-legged" walk. According to the information provided by Cofco, the Cofco Cola has been holding 10 Coca-Cola bottling plants in Beijing, Tianjin, Hainan, Hunan, Qingdao, Jinan, Zhanjiang, Gansu, Jiangxi, Xinjiang, and 5 bottling plants at the same time. Although the Chinese Diet Coke denies the new push of medium and high concentration juice brand "Yue Live" and Cofco Cola.  But it is understood that Cofco Group's newly established Innovative Food Co., Ltd. in addition to the production of "Yue Live", but also carries the food and beverage development platform of Cofco function, to a certain extent in the beverage plate and cola market competition. Coca-Cola's control of the production line has been more focused on non-carbonated business, as Coca-Cola has developed a relatively solid model for decades of cooperation with Swire and COFCO in the carbonic acid business. According to the reporter, Coca-Cola acquired the control of non-carbonic acid production base in Dongguan in 2002, and in the recent Coca-Cola 600 million investment in Guangdong Sanshui non-carbonic acid base project, Coca-Cola Holdings, and Cofco accounted for only 21% of the shares.
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