China first localizes the production of tea in Russia

Manufacturer of products from China Hunan Super Industrial (HSI) plans to invest $150 million in construction in Moscow enterprises for the production of tea, canned fruits and juices
18 April 2017

HSI will become the first Chinese company which will manufacture tea in Russia. The project will allow HSI to occupy about 1% of the tea market in the country.

The volume of investments will make $150 million in its financing, will participate Industrial and Commercial Bank of China. The project implementation period to five years, writes "Kommersant".

The future of the company and the HSI will be designed to produce 1.5 million tons, 40 thousand tons of canned fruit and 10 thousand tons of juices under the brands Shennun, Shaolin and Xipu. Raw materials for the plant near Moscow, the company will deliver from Hunan province.

Photo: teapuer.my1.ru



Translated by service "Yandex.Translation"
Источник: Agro2b
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