Sustainable packaging solutions provider Ball has announced plans to build a one-line can manufacturing plant in the Yangon area of Myanmar.
The one-line plant will have an initial annual production capacity of 850 million cans and complements the company's existing operations in Southeast Asia.
In March 2011, the company signed an agreement with joint venture partner Thai Beverage Can (TBC) to build a drinks can manufacturing plant in Tan Uyen district in Binh Duong province of Vietnam.
Ball chairman, president and chief executive officer John Hayes said that demand for drinks containers in Southeast Asia is expected to continue to grow.
"The Myanmar plant will allow us to bolster our presence in this high-potential market with a relatively small investment, making it an ideal fit as part of our Drive for 10 growth strategy," Hayes added.
The Drive for 10 strategy aims to grow the company's business by maximising value in existing lines and expanding into new ones, identifying the correct markets, broadening the company's reach and taking advantage of its long history and technical expertise.
Ball Asia Pacific president Gihan Atapattu said that the new plant's capacity could be aligned with the local filling needs of Coca-Cola Pinya Beverages and several other local, regional and multi-national customers.
"Ball is excited to bring its high-quality packaging and global sustainability practices to the Myanmar market," Atapattu added.
Image: Ball's one-line can manufacturing plant in Myanmar will complement its existing operations in Southeast Asia. Photo: courtesy of Ball Corporation.