Dec 13 2005 |
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Crown Increases Capacity At Jordanian Beverage Can Plant To Meet Growing Demand In Region
Philadelphia, PA - CROWN Bevcan Europe & Middle East, an affiliate of Crown Holdings, Inc. (NYSE:CCK) (Crown), today announced plans to increase production at its plant in Amman, Jordan. Working in conjunction with its long-standing regional partner, Ahmad Hamad Algosaibi & Bros, a third production line will be installed at the plant, increasing total capacity to 1.5 billion cans.
Designed to produce 33cl cans, the new line will complement the plant's two existing aluminum lines that currently manufacture 25, 30, 33 and 35.5cl cans for the Jordanian, Syrian, Lebanese and Iraqi markets. The new line is expected to be fully operational by the second quarter of 2006.
"This new line is the latest development in our regional investment program which began in 2003 and demonstrates our long-term commitment to a strong, lasting presence in the region," comments Ralph Lambert, Vice President, CROWN Middle East . "Expanding production in our Jordanian plant will enhance our ability to meet the growing needs for high-quality beverage packaging in these markets."
Each plant is a Joint Venture with A.H. Algosaibi & Bros. The Algosaibi group is a large Saudi holding company with a broad range of business interests. Crown has been working with the Algosaibi group in the Middle East for more than 25 years.
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About Crown Holdings, Inc.
Crown Holdings, Inc., through its affiliated companies, is a leading supplier of packaging products to consumer marketing companies around the world. World headquarters are located in Philadelphia, PA.
Investing For Success - An Overview Of Crown's Local Investment Programme
Since it began operations in the Middle East over 25 years ago, CROWN has maintained an ongoing investment programme across the region to maximise manufacturing capacity and capability.
The past few years in particular have seen a number of highly significant investments which have enabled the company to meet increased consumer demand and consolidate its position as the Middle East's leading packaging manufacturer. The recent major milestones are as follows:
December 2004
Following an initial phase of line enhancements across the Middle East, plans are announced to install two new high speed production lines - one in Jeddah, Saudi Arabia and the other in Dubai, UAE. The new lines will bring an additional 1.5 billion cans to the Middle East region by mid 2006. The installations will be project managed by CROWN's regional engineering consultants, Roeslein.
July 2005
Installation of a dedicated end-making facility at the company's Dubai plant is announced. The new facility, which will go live in April 2006, will have a capability in 2007 of 1.5 billion 206 diameter beverage can ends per year and will include end printing capability.
August 2005
Construction of the company's North African plant in Tunisia is completed. The 15,000 square meter plant is set to have an annual capacity of 635million cans and through a workforce of 81 employees, will supply 24cl, 25cl and 33cl aluminium beverage cans to Morocco, Tunisia, Algeria and Libya. Production at the plant begins on schedule in September
December 2005
Plans announced to increase production at the company's Amman facility in Jordan. Construction of a third production line, planned for second half of 2006 will increase total capacity to 1.5 billion cans.
For more information, contact
James West
Senior Account Manager
Harrison Cowley
0207 404 6777
07740 732 884
In Europe
Caroline Archer-Reed
Marketing Director
CROWN Bevcan Europe & Middle East
Tel: +33 1 49 18 40 43
Email: caroline.archer-reed@eur.crowncork.com.
In the United States
Neill Mitchell
Marketing Director
CROWN Beverage Packaging USA Inc.
Tel: (215) 698-5248
Email: nmitchell@crowncork.com.
For editorial inquiries
Michael F. Dunleavy
Vice President of Corporate Affairs and Public Relations
Tel: (215) 698-5051.
For investors
Timothy J. Donahue
Senior Vice President
Finance
Tel: (215) 698-5088.
© Press Release 2005
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