Crown to Open New Beverage Can Facility in Cambodia
The plant will have an annual production capacity of approximately 500 million two-piece, 33cl aluminum beverage cans.
23/02/06 PHILADELPHIA -- Crown Holdings, Inc. (NYSE: CCK) (Crown), a leading supplier of packaging products worldwide, announced today that its subsidiary, CROWN Asia Pacific Holdings Ltd will construct a new wholly-owned beverage can production facility in Cambodia. Located in the suburbs of the capital city Phnom Penh and close to local customer filling plants, the plant will have an annual production capacity of approximately 500 million two-piece, 33cl aluminum beverage cans. Commercial production is scheduled to begin by mid 2007.
"We are excited to be moving forward with a new beverage can plant to serve the Cambodian market," commented William H. Voss, President of Crown's Asia Pacific Division. "Our beverage cans have been imported into Cambodia at an accelerating rate over the last few years and the market there for soft drinks and beer continues to grow rapidly. We have been producing beverage cans in South East Asia for over 30 years and this is a natural extension of our commitment to support the growing needs of our global and regional customers and to help them continue to build their brands."
With this investment, Crown will operate ten 2-pc beverage can plants in Asia -- four in China and six plants in South East Asia with two in Vietnam (Ho Chi Minh City and Hanoi) and one plant each in Malaysia, Singapore, Thailand and Cambodia.
