Spritzer allocates largest capital expenditure

Raising output: Spritzer’s production floor in Taiping. The group will increase its production capacity to 900 million litres of water per annum from 850 million litres.

GEORGE TOWN: Bottled water producer Spritzer Bhd is spending RM100mil in 2022 to install a new production line and a water treatment plant, upgrade machinery and settle the balance for a Taiping land it acquired in 2021.

Group chief executive officer Kenny Lim Seng Lee told StarBiz that the capital expenditure is the group’s largest allocation to date.