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Home / Metal News / Can Stock Demand to Benefit from Construction of East China’s Largest Aluminum Can Production Base, SMM Expects

Can Stock Demand to Benefit from Construction of East China’s Largest Aluminum Can Production Base, SMM Expects

Jul 26, 2017 11:45

Source:SMM

CPMC Holdings has obtained approval for its $20 million can project in Haining, Zhejiang.

SHANGHAI, Jul. 26 (SMM) –CPMC Holdings has obtained approval for its $20 million can project in Haining, Zhejiang.

China Aluminum Stocks Grow Slower After Hitting Nearly 5-Year High, SMM Says

The project has an annual capacity of 2 billion pieces of cans, making it the largest food aluminum can production base in east China.

Exit of Low-Cost Aluminum Capacities in China to Be Filled by Restart of High-Cost Ones, SMM Warns

Once fully operational, the project will consume 24,000 tonnes of aluminum can stock per year, SMM estimates.

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