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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.
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.