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Newssummary: 2 Billion Beverage Cans Per Year Facility to Enter Trials in May 2015; Market Prospects Bright

iconOct 13, 2014 14:46
Source: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.
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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Zhejiang Jihong Packaging Co.
aluminum beverage cans
China aluminum beverage cans demand

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