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Thursday, March 29, 2007

SABMiller on International Building Blitz

SABMiller, the world's second largest brewing concern, has announced plans to bulk up on production capacity in a global way. Among the projects the company is involved with are:

-- A joint venture with Vietnamese dairy firm Vinamilk on a $45 million brewery in Binh Duong Province. The partners celebrated the opening of the plant this week, which has rolled out a new brew: Zorok.

-- A plan to invest $170 million in a new brewery in Ulyanovsk, Russia. The brewery will have a 3 million hectolitres capacity and should start production in 2009.

-- A $1.8 billion investment over five years in South America to boost capacity in Columbia, Peru and other countries.

-- SABMiller is considering a major investment in Sudan to strengthen its production capacity in Africa.

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