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Oatly closes Singapore facility amid supply chain efficiency drive

The closure is expected to incur asset losses of approximately $20m in the fourth quarter | Photo credit: Bob Oyoo

The Swedish oatmilk manufacturer continues to focus on streamlining global production and generating cost savings, with its Asia Pacific business now supported by existing facilities in Europe

Oatly has closed its production facility in Singapore in a bid to accelerate its asset-light supply chain strategy and reduce operating costs in Asia.

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