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Tetra Pak Signs Aed 25 Million Deal For New Processing And Packaging Lines At BinghattiS Production Plant In Abu Dhabi

UAE, November 26 2016: Tetra Pak has actually wrapped up an AED25 million deal to give as well as construct processing as well as product packaging lines for Binghatti Holding's new food and drink production plant located at the Khalifa Industrial Area in Abu Dhabi (KIZAD).

The contract, which can be increased, comes on the heels of Binghatti's recent AED250 million investment in the company's KIZAD-based production facility. " We are extremely delighted to have actually reached this agreement with Binghatti," claimed Niels Hougaard, the Managing Director at Tetra Pak Arabia Area. "They are the gold-standard of the regional FMCG field as well as, with our just as valued production and also packaging know-how, we believe this is an equally valuable agreement that ensures quality in any way phases of the process."

Binghatti is widely known for the RAUBI brand of juices. The KIZAD facility will certainly be efficient in creating 10 million cases in its first year, with the capability of boosting to 40 million cases per year after conclusion, all destined for the MENA region. "Tetra Pak establishes the world criterion when it concerns handling plants," claimed Ahmed Binghatti, CFO and Head of Investments at Binghatti Holding. "The great group at Tetra Pak has done an exceptional work of tailoring the perfect remedy for our needs as well as we are very much looking forward to more developing our partnership with Tetra Pak."

Installation of the production lines is prepared for to start throughout Q1 of 2017 with the initial industrial production run anticipated in the direction of completion of Q2 2017. The FMCG items from Binghatti's suggested plant in KIZAD will be distributed in the UAE as well as exported by means of Khalifa Port to nations across the MENA region with strategies to expand exports to Europe and the Far East.

RAUBI is supported by Binghatti's own FMCG circulation companies in the UAE, Lebanon, Jordan, Iraq as well as London.

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