Thursday, October 09, 2014

Kirin Brazil will invest less in 2015

The Brazil Kirin, owner of the beers Schin and the prospect of Wanton investing less in their operations next year, said Vice President of operations of the company, Alexander Sanchez, without giving details about the estimated amount.The shores of packaging event in Sao Paulo on Wednesday, the Executive said that the move is not linked to decreased expectations for the economy, but a strategy of the company, before the already announced investment for new factory in Pernambuco and a windfarm in Ceará, both planned for next year. For the biennium 2013/2014, forecasting total investments of the beverage company is r $ 1 billion.
Recently, Kirin Brazil informed the Administrative Council for economic Defense (Cade) intend to close agreement with Inab, owner of the beer Colony, to outsource the manufacture of beers of your portfolio before the exhaustion of its factory in Itu (SP), the second largest of the 13 who currently owns.
According to Sanchez, the diversification of packaging in the Itu unit contributed to the exhaustion of their capacity. Still, plans for the launch of other factory are for 2016 onwards, he added.
The Executive follows believing in increased production by the industry of beer in 2014, after a decline last year. At the same time, he warned that Brazil already feel the Kirin market "a little harder".
In September, the production of beer in the country registered a new fall compared to the previous year, after having stopped in August a series of six-month high, according to data from the control System for the production of beverages (Sicobe) published by Receita Federal.
In the first nine months of the year, high in volume produced the drink is of 6.9% compared with the same period in 2013.
Reuters
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