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January 15, 2020

NutriCo facility starts operations

Business

 
January 15, 2020

KARACHI: NutriCo Morinaga (Private) Limited, a joint venture between ICI Pakistan Limited, Unibrands (Private) Limited and Morinaga Milk Industry Co Ltd, commenced commercial operations of growing up formula products at its manufacturing facility on January 10, a statement said on Tuesday.

The state-of-the-art NutriCo Morinaga (Private) Limited manufacturing facility in Sheikhupura was inaugurated in September 2019 by Punjab Governor Chaudhry Mohammad Sarwar, it added.

At a project cost of Rs5.5 billion, the manufacturing facility is the first asset investment by a global Japanese dairy and food company in Pakistan and would unfold a new chapter in the country’s industrial history.

The 12,000 tonnes per annum facility, which adheres to the highest international standards, is aimed at ensuring that infants and children are provided with safe, clean and hygienic formula at competitive prices, it added.