Swedish packaging giant Tetra Pak announced to invest 700 million RMB (US$99 million) in China’s “capital of milk” Hohhot, the capital of the Inner Mongolia autonomous region, to build its largest and intelligent capping factory, which is expected to be operational in early 2021, with a maximum production capacity of 10 billion caps a year. Up to now, Tetra Pak’s cumulative investment in the Chinese market has reached 4.46 billion RMB (US$630 million).
The capping factory will mainly produce 'The Dream Cap', a resealable cap . . .
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