SHANGHAI, Oct. 13 (SMM) – Zhejiang Jihong Packaging Co. is scheduled to begin trials on $1 billion, 2 billion units/yr beverage can facility in Zhejiang in late May 2015, local media reported on October 11.
The beverage can manufacturer has placed orders for advanced production lines from abroad that are capable of producing 3,000 cans per minute.
A source from the company said aluminum can demand in China grew at 20% annual pace to hit nearly 20 billion units last year, and sees great market potential for the product, it added.
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