Thai Coconut Public Company Limited (SET: COCOCO) has announced that its Board of Directors approved the investment in the project of investment in beverage with pulp product production line, which the total investment value is approximately 280 million baht in order to support the requirements and growth of beverage with pulp products.
After this investment, the maximum production capacity of coconut water products will increase from 360,000 tons per year to 398,000 tons per year.
The project of investment in beverage with pulp product production line will invest in building, machinery, and utility systems which value approximately 280 million baht. The Company expects that the installation of the machinery will be completed, and production will begin in the second quarter of 2025.
The project of investment in beverage with pulp product production line will support the requirements of beverage with pulp products of customers, and will maximize the production capacity for the beverage product in PET bottle packaging comprehensively, which will help support continued growth in the Company in the future.
