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<\/a><\/p>\nSAO PAULO (Reuters) – Heineken NV, the world’s second-largest brewer, said on Thursday it will invest 1.5 billion reais ($300.8 million) in Brazil as part of an expansion plan for its premium and single malt beer portfolios.<\/p>\n
Brazilian beer drinkers are among the world’s biggest consumers of Heineken, according to the company. <\/p>\n
The planned investment aims to boost the brewer’s production capacity for its Amstel, Devassa and namesake Heineken brands, spread across two plants in northeast Brazil, the company said in a statement.<\/p>\n
Heineken said spending on its Igarassu plant will triple its capacity for making Amstel and Devassa, while also increasing its returnable packaging lines by 45%.<\/p>\n
The company’s Alagoinhas brewery is seen expanding its capacity to produce Heineken by 60% with the new investment.<\/p>\n
The spending plan will also help make water use at the Igarassu brewery more efficient, including a goal to reduce water consumption there by 30% over the next three years, the company said.<\/p>\n
($1 = 4.9864 reais)<\/p>\n
\n(Reporting by Paula Arend Laier; Writing by Carolina Pulice; Editing by David Alire Garcia and Bill Berkrot)<\/p>\n
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