Ball Corporation is reportedly in ongoing negotiations with Chinese owner Cofco to acquire Belgian can manufacturer Benepack, whose Genk site began production in 2020, with no deal yet signed.
CPMC's subsidiary Benepack Hungary Kft has started construction of a 24,000 square metre aluminium beverage can plant in Makó, Csongrád-Csanád county, with production due in autumn 2024. The €65 million project will create 120 jobs and is designed to produce one billion cans per year.
Benepack Belgium, a joint venture of CPMC and Haoneng, is investing over EUR 50 million in a can production plant in Genk, Belgium, creating 150 jobs and receiving a EUR 3 million Flemish subsidy.
CPMC and Haoneng formed a joint venture in Genk, Belgium, to build a new facility producing recyclable aluminium cans and labels for beverage makers. CPMC will invest EUR 60 million and recruit about 150 staff.
Chinese company CPMC plans to invest €60 million in a new beverage can factory in Genk, Limburg, on the site of Illochroma Haoneng, with production targeted to start by January 1, 2020; the agreement is not yet fully finalised.
CPMC Holdings, one of China's largest canmakers, signed a deal to supply a larger volume of aluminium cans to herbal tea producer Jiaduobao.