INDIA: Rexam unveils new can line to boost capacity
Rexam first entered India in 2007
Rexam has opened a GBP30m (US$48.35) aluminium can line at its Indian beverage plant.
The investment, at Rexam's Taloja, Maharashtra plant, increases capacity to about 950m cans a year, the company said yesterday (3 December). Rexam CEO Graham Chipchase said the investment is part of the company's focus on fast-moving markets.
“It will support and enable us to take advantage of the exciting opportunities the Indian market has for beverage can packaging,” Chipchase said.
Rexam first entered the Indian market in 2007 with partner Hindustan Tin Works.
Last week, the London-based can maker announced a GBP20m investment in a fourth line at its Austrian plant.
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