It is understood that Foshan Baosteel Can Making Co., Ltd. was established on December 25, 2006 and is a wholly-owned subsidiary invested by Shanghai Baosteel Industry Development Co., Ltd. The company is located in Ronggui National Hi-tech Development Zone, Shunde District, Foshan City. The total investment of Phase I project is 375 million yuan. The main product is steel two-piece cans. The first phase of the project is planned to be connected to production in August 2008, and an annual output of 700 million steel two-piece cans will be produced. Steel two-piece cans are mainly used for canned cola and beer packaging. At present, Baosteel cans and international famous brands have established long-term strategic partnerships. Jia Yulin, general manager of Shanghai Baosteel Industry Development Co., Ltd., said: "After production, Foshan Baosteel canning will also provide products for Coca Cola and Pepsi Cola." Steel two-piece cans are green and high-tech new-type and ecological-type packaging materials. Jia Yulin said that as one of the core products of Baosteel's metal packaging, the steel two-piece can business will expand business on the basis of stable and sustainable development, consolidate and develop the competitive advantage in the domestic metal packaging market; Foshan Baosteel can making will become One of the largest two-piece cans in China.
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"Foshan made" cans into a new member of Coca-Cola
In August 2008, Coca-Cola will use "Foshan-made" cans. Yesterday, Foshan Baosteel Can Making Co., Ltd. officially broke ground in Ronggui Hi-tech Development Zone.