Saturday, 11 September 2010

Crown Holdings Inc plans to increase beverage can production capacity in Cambodia

via CAAI

Sep 10, 2010 (M2 EQUITYBITES via COMTEX) -- Packaging products company Crown Holdings Inc (NYSE: CCK | PowerRating) revealed on Thursday that its subsidiary CROWN Asia Pacific Holdings Ltd proposes to install a second beverage can line in its existing facility in Phnom Penh, Cambodia.

This new line is anticipated to be operational in the fourth quarter of 2011. It will have an initial annual production capacity of 700m two-piece 33cl aluminum beverage cans, expanding the plantaEUR(TM)s capacity to 1.3bn cans.

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