CanPack, Global Aluminum Can Manufacturer, Invests R$ 710 Million in New Manufacturing Facility in Minas Gerais

Written by Roberta Souza

Published on 28/07/2022 at 22:51

Foto: reprodução www.canpack.com

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CanPack Announced on Wednesday, the 27th, the Increase in Its Production of Aluminum Cans at a New Factory in Poços de Caldas, Minas Gerais

The construction of CanPack’s new aluminum can manufacturing unit will receive a total investment from the company of approximately R$ 710 million. The announcement of the new production unit in Minas Gerais comes a few months after the company declared its commitment to invest R$ 360 million in a manufacturing unit for aluminum beverage can lids in Manaus, Amazonas. The total sum of investments exceeds R$ 1 billion.

The construction of the Poços de Caldas production unit in Minas Gerais is expected to begin in the last quarter of 2022, and the operation of the new factory plant is scheduled to start in the first quarter of 2024.

The total installed capacity of the new manufacturing plant in Minas Gerais will be around 1.3 billion aluminum cans per year, and its production will be aimed at meeting the demand of Brazilian consumers.

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Brazilian Aluminum Can Manufacturing Sector Ranks Third in the World Market

According to the Brazilian Association of Aluminum Can Manufacturers (Abralatas), the Brazilian beverage sector is the 3rd largest market for aluminum cans globally, reaching around 33.4 billion aluminum cans sold in 2021, an increase of 5.2% compared to 2020, with a recycling rate of 98.7%.

The capital allocated by CanPack for the construction of the new manufacturing unit for cans in Minas Gerais comes after the announcement by Ardagh, which presented plans for the construction of two packaging factories also in Minas Gerais, one for manufacturing aluminum cans for beverages and the other for producing glass bottles.

In Addition to the Investment in the New Minas Gerais Unit, CanPack Also Invested R$ 250 Million in a New Plant in Manaus

The company also invested in a new unit for aluminum component production in Manaus, which is scheduled to be delivered in 2023. The new unit could generate around 150 jobs in the capital of Amazonas, which is considered the largest hub for aluminum beverage can lid production in the world, with three factories already installed.

Brazil currently has 25 aluminum can production factories spread across the country, with 19 focused on producing the bodies of the packages and 6 on the production of lids, where Manaus already concentrates the majority of aluminum lid manufacturing in Brazil, while other lid manufacturers are spread across different Brazilian cities.

CanPack, Global Aluminum Can Manufacturer, Invests R$ 710 Million in New Manufacturing Facility in Minas Gerais

CanPack Announced on Wednesday, the 27th, the Increase in Its Production of Aluminum Cans at a New Factory in Poços de Caldas, Minas Gerais

Brazilian Aluminum Can Manufacturing Sector Ranks Third in the World Market

In Addition to the Investment in the New Minas Gerais Unit, CanPack Also Invested R$ 250 Million in a New Plant in Manaus

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CanPack, Global Aluminum Can Manufacturer, Invests R$ 710 Million in New Manufacturing Facility in Minas Gerais

CanPack Announced on Wednesday, the 27th, the Increase in Its Production of Aluminum Cans at a New Factory in Poços de Caldas, Minas Gerais

Brazilian Aluminum Can Manufacturing Sector Ranks Third in the World Market

In Addition to the Investment in the New Minas Gerais Unit, CanPack Also Invested R$ 250 Million in a New Plant in Manaus

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