Calcol's Diet Malibu-Cola and Other Flavors for China: Emphasis on Health Benefits, Harvard Dean Says ''Idea's Time Has Come''
August 11 2006 - 8:00AM
PR Newswire (US)
BEIJING, Aug. 11 /Xinhua-PRNewswire/ -- Calcol Inc (OTC:CLCL)
(BULLETIN BOARD: CLCL) , a Cleveland Ohio USA based soft drinks
company which operates a large soft drink bottling plant in
Beijing, announced this week in an interview with Xinhua Finance's
Andrew Pasek that it has launched a China-wide marketing campaign
for the diet flavours of its Malibu-Cola Company, including not
only Malibu-Cola, but also Malibu Sunrise Orange, Malibu Surf's Up
Lemon Lime, Malibu Verry Cherry Cola, Malibu Golden Apple, Malibu
White Grape, and Malibu Kiwi Strawberry. The emphasis of the
campaign will be the health benefits of diet soft drinks for
China's health conscious consumers who are concerned about the
increased risk of diabetes and obesity in their children and the
population at large. 'We understand that diet soft drinks are not
just for Americans,' says Calcol's Chairman Norman Kaplan, a
Harvard-trained physicist and biologist, 'The Chinese people are
very sophisticated and highly educated, and have become
acutely-aware that they run the increasing risk of the health
effects of obesity and diabetes and heart disease which may come
with adopting the dietary habits of Americans, and they, the
Chinese customers (and the market) tell us that they want and
deserve a healthier alternative to many of their dietary choices,
including many choices of flavors in soft drinks which are
sugar-free." Calcol Inc. has so far focused its marketing efforts
on Beijing and the northeast city of Tianjin and the Company said
it now has around an overall 5% share in those markets; although
Norman Kaplan, the Company's Chairman added, 'We are now getting
one third of the shelf space with Coke and Pepsi in many of the
hypermarkets like Carrefour, Tesco and Wal-Mart where our products
are sold.' Malibu-Cola, produced and sold in the China market under
exclusive license from Calcol Inc., first appeared in Beijing and
Tianjin supermarkets and in nearby Hebei province just three years
ago, but only entered the major international hypermarkets in the
past year. Because of the success of its distribution through the
major hypermarkets, Calcol's Chairman and president, Mr Kaplan is
already setting his sights on becoming a market leader in China and
directly taking on the world's two carbonated soft drink giants --
Coca-Cola and Pepsi. Regarding the new marketing campaign, Mr
Kaplan stated, 'I see our focus on diet soft drinks making us a
leader in the beverage industry in China. I see no barriers, as all
our products in China will be available in both diet and regular
varieties." He continued, 'Coke and Pepsi derive the bulk of their
earnings in China from sugared soft drinks, predominantly three
flavors, cola, orange, and lemon-lime and offer sugar-free options
only for their flagship cola products. We are already offering 7
different flavors in both diet and regular versions for the Chinese
consumers to enjoy.' Calcol believes that 'regular soft drinks
sweetened with sugar or high fructose corn syrup, consumed in
moderation, have a place as part of a healthy diet of a healthy
adult who eats a balanced diet of proteins, meat, fish and eggs,
skim milk, cereals and grains, and fruits and vegetables, and who
exercises regularly.' But the Company agrees with the
recommendations of the American Beverage Association and the recent
study by the Harvard School of Public Health, which recommends that
'diet soft drinks are probably a healthier choice, particularly if
consuming more than one 12-ounce can per day'. Comparing
Malibu-Cola products to their competitors their most obvious
advantage in addition to greater variety of flavors, is price. "We
retail 20- 25% cheaper than Coke and Pepsi in the China market,"
Kaplan said, 'And even a tiny price gap is enough to drive sales in
China. China is a very price sensitive market, as a small
difference, 1 RMB (about 12.5 cents US) in the cost of our 2-liter
product compared with the competition, at Wal-Mart, Tesco,
Carrefour, Trust-Mart, Bonjour, Lotus, or Ren Ren Le, is enough to
pay the bus fare for our customers to get home from the supermarket
with their 2 Liter bottle of Malibu-Cola or Malibu Lemon Squeeze,"
he said. But price alone will not result in big gains in market
share. According to Calcol, Chinese consumers read labels, study
ingredients, want new sugar- free products, and are more interested
than ever in what goes into their bodies. Kaplan said, 'I believe
that, in China, health and cost-conscious consumers will switch to
our drinks as our diet products contain non-sugar sweeteners
aspartame or sucralose/ace-K." When interviewed by Xinhua Finance's
Andrew Pasek about Malibu-Cola's marketing campaign to promote the
health benefits of diet soft drinks in China, Dr. Barry R. Bloom,
dean of the Harvard School of Public Health said, 'An emphasis on
diet (sugar-free) products, especially in soft drinks consumed by
young adults, is an effective way to slow rates of obesity and
Adult Onset Type II diabetes in China. One form of sugar in our
diet that is completely avoidable is sugared sodas, which are a
major cause of obesity. Artificially sweetened diet soft drinks are
a viable option.' Dr. Bloom applauded Calcol's leadership position.
Calcol's Malibu-Cola marketing campaign will first focus on the
northeastern regions in China, and then expand South to Shanghai
and Shenzhen in China as early as next month through its sales and
distribution contracts with Tesco, Carrefour, Wal-Mart, Trust-Mart,
Lotus, Bonjour, Ren Ren Le and other major retailers. "The diet
campaign will begin in the north, and then expand to Shanghai and
the northeast where we will have established sales networks. By
2008, we estimate that 25 pct of our sales will be in the diet
segment," Kaplan said. While the current Beijing plant has capacity
for 13 million standard cases of PET bottles and cans, and 800,000
units of concentrate (enough concentrate to produce 1.68 billion
liters of finished carbonated soft drinks); plans have been made
for a second bottling and canning plant in Shenzhen in south China,
penetration into Shanghai with a third plant there, and nationwide
distribution of its products within the next two years. Already the
company is seeing its products reaching North to Harbin in
Manchuria, East to Jianan and Tsingtao in Shandong Province, and
South to Xian where the clay soldiers are in Shanxi Province. About
Calcol Inc Malibu-Cola is produced under an exclusive license from
Calcol Inc. Calcol, which has shares trading under the symbol
'CLCL' on the OTC Bulletin Board in the US, succeeded at securing
one of three business licenses for manufacturing of foreign-branded
soft drinks in China and says it is rapidly capturing market share
from the other two major higher-priced American brands. Its recent
expansion into 160 large retail stores in China, including
nationwide sales and distribution agreements with Tesco, Carrefour,
Wal-Mart, Lotus, Trust-Mart, Bonjour, and Ren Ren Le, marks the
start of a major business development cycle with China-based
revenues expected to grow to 16.9 million USD and operating profits
projected at 2 million USD by 2008. For more information, please
contact: CALCOL INC. MALIBU-COLA BEVERAGE CO. LTD. Beijing East
Yanjiao Economic & Technical Development Zone, Beijing, China
101601 Norman C. Kaplan, Chairman Tel: +86-10-6159-4104 Fax:
+86-10-6159-2166 Email: DATASOURCE: Calcol Inc CONTACT: Norman C.
Kaplan, Chairman of Calcol Inc, +86-10-6159-4104, or fax,
+86-10-6159-2166, or
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