New Nestle plant

New Nestle plant. Nestlé Philippines inaugurates a new malt production plant at its Lipa factory with a total investment of P2 billion for the 5,400-square-meter facility. The plant, which produces malt extract, a key ingredient in the manufacture of Milo products, is only the fourth such plant in the Nestlé world, the three others being located in Singapore, Nigeria and Australia.  Leading the inauguration of the Lipa plant are (from left) Nestle Lipa factory manager Volker Hoeller, technical director Adnan Pawanteh, lifestyle and active beverages business executive officer Joey Uy, Milo business unit manager Willy de Ocampo, Nestlé Philippines chairman and chief executive Jacques Reber and malt project end-to-end manager Sebastien Saby.