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Baosteel Packaging and Thailand's Carabao Group signed a strategic cooperation agreement on 4 December 2025 in Shanghai to localise metal packaging supply across Southeast Asia.
Shanghai Baosteel Packaging Co. announced a total investment of about 452 million yuan to build an intelligent two-piece can production base in Tongan district, Xiamen, Fujian, with a design capacity of 1.1 billion cans per year. The project will be executed through a new subsidiary, Xiamen Baosteel Can Making Co., and takes about 16 months to build.
Baosteel Packaging plans an aluminium two-piece can production facility in Long An province, Vietnam, with an investment of about CNY 525 million. The plant is slated to produce 800 million cans per year.
Baosteel Packaging plans to invest about 499 million yuan to build an aluminum two-piece can production base in Cambodia. The announcement was made on July 30, 2021.
Baosteel Packaging will build a new aluminum easy open can production line in Huaiyuan Industrial Park, Bengbu, Anhui. The first phase has an annual design capacity of 1.1 billion cans and an estimated total investment of RMB 440 million.
