PepsiCo Franchise Bottler To Build US$109mn Plant

Key PepsiCo franchise bottler Dubai Refreshments Company (DRC) is to invest in a AED400mn (US$108.9mn) plant in the UAE to come on stream in 2012. The plant is expected to boost DRC's annual capacity nearly threefold to 150mn cases per annum and should, in our opinion, allow the firm to launch a number of new drinks as the wider soft drinks industry speeds up its transition away from traditional low-cost carbonates to higher value

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