PepsiCo opens R&D center in Shanghai to drive growth in Asia
SHANGHAI — PepsiCo, Inc. is opening a new food and beverage innovation center in Shanghai that will serve as a hub of new product, packaging and equipment innovation for the company’s businesses throughout Asia.
The new facility is equipped with an advanced culinary center and test kitchens focused on developing and tailoring PepsiCo food and beverage brands for distinct, locally relevant taste preferences throughout the region.
In addition, the facility will house a pilot manufacturing plant that will allow researchers to quickly test new product ideas.
"Innovation has always fueled PepsiCo''s growth engine and enabled us to build a portfolio of great-tasting, convenient food and beverage brands that are loved by consumers around the globe," said Saad Abdul-Latif, CEO, PepsiCo Asia, Middle East & Africa. "The Shanghai facility is a game-changer for our business that we expect will fast forward our innovation throughout the entire region."
The new R&D center was built in line with the criteria established by Leadership in Energy and Environmental Design (LEED), the world''s leading green building standard, and uses advanced technologies and processes to conserve natural resources and reduce operating costs.