Global consumer packaging company Rexam has announced plans to invest £68m over the next three years to build a new beverage can plant in Mantsala, south-west Finland.

Once completed, the plant will have two lines and a capacity of about 1.35bn 330ml and 500ml aluminium cans.

According to Rexam, the construction of the new plant will allow the company to serve growing customer demand in Finland and the Baltic states in coming years.

The lines are expected to be operational by 2013 and 2014 respectively.

The company also plans to further optimise logistics and enhance plant efficiency across its European beverage can network.