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Budweiser invest $24.76 m in new China craft brewery

7th July 2021
Fermentis

Budweiser APAC has announced a new investment worth $24.76 million in Putian, in Eastern China’s Fujian province, to build a new craft brewery in the city and expand its current brewery with an additional capacity of 20 million hectoliters.

“We made this strategic move driven by the growth and recovery of China and the strong consumer needs in the high-end beer segment,” said Jan Craps, co-chair and CEO of Budweiser APAC.

“With strong support from the local government and the industry cluster in Putian, we are excited to build the craft brewery with our continuous investment in research and development,” he continued.

The new craft brewery is set to provide consumers with more diversified high-end beer options.

Budweiser APAC’s investment will significantly increase the production capacity of the Putian facility, believed to be the largest brewery in Asia.

This investment is consistent with the Budweiser APAC 2025 Sustainable Development Goals, which commit to sustainable development in areas including climate action, water conservation, circular packaging, and smart agriculture.

The brewery is able to remove 13 thousand tons in CO2 emissions, the equivalent of planting 1.2 million trees, and leverages a heat recovery and secondary utilization system that reduces 60,000 tons of steam annually.

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