The manufacturer of ice loft lightweight bottles is Zhuhai Zhongcui. Its preform supplier is the largest "two-music" supporting PET bottle and other packaging supplier in the Asia-Pacific region - Zhuhai Zhongfu. In 1982, Ouyang Rong joined the Coca-Cola China company. “At that time, there were only two kinds of beverages in the Mainland, one was a glass bottle and the other was a can. The glass bottle was very heavy and it wouldn’t break if it fell from an eight-story building. In 1983, when there were only four plastic beverage bottle manufacturers in the country, Coca-Cola began to vigorously expand the Chinese mainland market, and beverage bottles were imported from Taiwan, and the cost of logistics was very high. At this time, we were looking for Coca-Cola in the coastal area. Production bottle suppliers." Ouyang Rong recalled to this reporter.
With 4 small workshops and 32,000 yuan in assets, Zhuhai Zhongfu, which started with small trades and processing materials, became the first plastic raw material supplier for Coca-Cola in the Chinese mainland market. According to Huang Lefu, the founder of Zhuhai Zhongfu, recalled that around 1986, there were more than 400 beverage manufacturers in the country, of which there were more than 100 large-scale ones and 50 were more famous. With the ever-increasing demand for beverage bottles, the replacement of traditional glass bottles with PET beverage bottles has become an inevitable trend in the beverage packaging industry.
Based on the same philosophy, Zhuhai Zhongfu went to the country with Coca-Cola since 1988, and the PET beverage bottle factory was set up across the country. “Where do we go? Where do we go? How much does the customer demand, and how wide will we expand?†Chairman of the company Gary Guernier said in an interview with the media that as of the end of 2009, Zhuhai Zhongfu had 85 branches and sales. About 23% increase, net profit reached 115 million yuan, an increase of 147.39%.
As Coca-Cola initiated the upgrading of the beverage bottle, Zhuhai Zhongfu continued to follow the tactics. On March 19 this year, it issued a public announcement and a fund-raising amount of RMB 700 million. The general manager of the company, Wang Yuling, stated that the main intention of the private placement is to meet the needs of the stable and large resources such as Coca Cola in the development and investment needs of the Chinese market in order to stabilize and expand its market share. Among the new fund-raising projects, plans for the testing of renewable label materials, bottle-to-bottle recycling, and lightweight bottle mold engineering are included.
At present, Zhuhai Zhongfu firmly occupies more than half of the "two music" product packaging market share, but also for unified and other famous brands to provide nearly 40% of the product packaging, the industry known as the PET "beverage bottle kingdom."
With 4 small workshops and 32,000 yuan in assets, Zhuhai Zhongfu, which started with small trades and processing materials, became the first plastic raw material supplier for Coca-Cola in the Chinese mainland market. According to Huang Lefu, the founder of Zhuhai Zhongfu, recalled that around 1986, there were more than 400 beverage manufacturers in the country, of which there were more than 100 large-scale ones and 50 were more famous. With the ever-increasing demand for beverage bottles, the replacement of traditional glass bottles with PET beverage bottles has become an inevitable trend in the beverage packaging industry.
Based on the same philosophy, Zhuhai Zhongfu went to the country with Coca-Cola since 1988, and the PET beverage bottle factory was set up across the country. “Where do we go? Where do we go? How much does the customer demand, and how wide will we expand?†Chairman of the company Gary Guernier said in an interview with the media that as of the end of 2009, Zhuhai Zhongfu had 85 branches and sales. About 23% increase, net profit reached 115 million yuan, an increase of 147.39%.
As Coca-Cola initiated the upgrading of the beverage bottle, Zhuhai Zhongfu continued to follow the tactics. On March 19 this year, it issued a public announcement and a fund-raising amount of RMB 700 million. The general manager of the company, Wang Yuling, stated that the main intention of the private placement is to meet the needs of the stable and large resources such as Coca Cola in the development and investment needs of the Chinese market in order to stabilize and expand its market share. Among the new fund-raising projects, plans for the testing of renewable label materials, bottle-to-bottle recycling, and lightweight bottle mold engineering are included.
At present, Zhuhai Zhongfu firmly occupies more than half of the "two music" product packaging market share, but also for unified and other famous brands to provide nearly 40% of the product packaging, the industry known as the PET "beverage bottle kingdom."
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