SINGAPORE - Swedish oat milk producer Oatly is closing its manufacturing facility in Singapore, the company’s first factory in Asia, after evaluating its supply chain network in the region.
On Wednesday, Oatly announced the closure of a company-owned production facility in Singapore. This is the latest implementation of the oat milk specialist's stated goal to become an asset-light ...
Oatly was in a partnership with Singapore food and beverage company Yeo's to produce its oat milk. The S$30 million (US$22 million) production plant opened in October 2021. In response to CNA's ...