# Nissin Foods to invest CNY 180M in new packaging plant in Zhuhai

Nissin Foods plans to invest about CNY 180 million to build a new packaging materials production plant in Zhuhai, China, on a 30,000-square-meter site acquired through the purchase of Zhuhai Lianzhi Technology. The plant is expected to be completed in 2021.

- Type: New facility
- Announced: 2019-07-02
- Where: Zhuhai, China
- Value: $26.0M (180.0M CNY)
- Starts operating: 2021
- Status: announced
- Products: packaging materials
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Nissin Foods](https://endata.com/companies/40401.md)

## Sources

- [ct.acnnewswire.com](https://ct.acnnewswire.com/press-release/traditionalchinese/52785/%E6%97%A5%E6%B8%85%E9%A3%9F%E5%93%81%E8%A8%88%E5%8A%83%E6%8A%95%E8%B3%87%E7%B4%84%E4%BA%BA%E6%B0%91%E5%B9%A31%E5%84%848%E5%8D%83%E8%90%AC%E5%85%83%E6%96%BC%E7%8F%A0%E6%B5%B7%E8%88%88%E5%BB%BA%E6%96%B0%E7%94%9F%E7%94%A2%E5%BB%A0%E6%88%BF), 2019-07-02: "上述收购加上新建的厂房将有助集团更有效控制生产成本，并能与现时营运中的生产设施产生协同效应。"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.