Kerry Group (LON: KYGA) invests 30 million Euros (US$36.14 million) in Indonesia to build second manufacturing of taste facility in Karawang, West Java. The taste and nutrition company has announced that investment will increase its footprint in the fast-growing of Southeast Asian (SEA) market.
This facility will be its first greenfield investment in SEA and will encompass a flavor manufacturing site along with a sampling hub and a research and development pilot plant, allowing this new site to support Kerry’ fast-growing taste business and its food and beverages systems across all food categories.
The construction has started and the plant will be operational late 2022. Kerry has offices in 31 countries, 149 manufacturing facilities and employs 26,000 people globally, including over 1,000 food scientists.