Online features
- Home page
- Products
- Technology
- Environment
- Profiles
- Corporate
- Investment
- Events
- People
- Countries
- Agenda
- Analysis
- Blog
Latest magazine
Investment
Can plant planned for Rostov
Ball Corp , which makes plastic and metal packaging products, plans to build a $120 million beverage can plant in southern Russia.
The factory will produce no less than 500 million cans a year, accounting for about 11 percent of the Russian drinks can market.Investment in the project would amount to $105-120 million.
Russian beverage can sales stood at 4.3 billion in 2007 and the market has been growing 10 percent annually.
British packaging firm Rexam Plc and Russian drinks can maker Rostar control almost all the market. Rexam this year agreed to buy Rostar for around $300 million.
