US-based Crown Holdings plans to construct a new beverage can plant in Tunisia. To be operational by mid-2005, the plant will have an initial annual capacity of 635 million beverage cans.
The packaging supplier will hold a 50 percent stake in the new factory and Ahmad Hamad Algosaibi & Bros will hold the remaining shares. Located in El Agba, in the Tunisian capital of Tunis and close to the main container port, the plant will produce 202 and 211 diameter beverage cans in multiple sizes for the Maghreb region.
The new plant will expand Crown's European, Middle Eastern and African beverage can business to thirteen plants across nine countries. The company has set up joint ventures in Saudi Arabia, the United Arab Emirates (UAE) and Jordan all in cooperation with Ahmad Hamad Algosaibi & Bros. — (menareport.com)
© 2004 Mena Report (www.menareport.com)
