Crown expands presence in Vietnam

Crown Asia Pacific Holdings has acquired a beverage can production facility located northeast of Ho Chi Minh City in Dong Nai Province, Vietnam from Interfood Shareholding Company.

Interfood will retain a minority investment interest in the plant.

The newly constructed facility will accommodate additional manufacturing lines and will have an initial annual production capacity of approximately 600 million two-piece, 33cl aluminum beverage cans.

Commercial delivery of cans is scheduled to begin early in the fourth quarter of this year.

Says Jozef Salaerts, President of Crown's Asia-Pacific Division: "This is our third manufacturing facility in Vietnam which continues to be a vibrant and growing market for us.”

“We have been doing business for more than 30 years in Southeast Asia and this expansion continues to support the growing needs of our customers."