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CNPF seeks completion of P700-M expansion

LISTED Century Pacific Food Inc. (CNPF) targets to complete the expansion of its coconut manufacturing plant in Mindanao by the end of the first quarter.

The food and beverage manufacturer on Tuesday said the P700-million expansion project will increase the plant's capacity by 50 percent and will add new lines to the facility, as it extended contracts with its major partners, Linaco and Vita Coco, in 2020.