Crown Expands Presence In Vietnam

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1st July 2009, 05:33am - Views: 773












MEDIA RELEASE PR35255


Crown Expands Presence In Vietnam


PHILADELPHIA, July 1 /PRNewswire-AsiaNet/ --


    Crown Holdings, Inc. (NYSE: CCK) (Crown), a leading supplier of packaging products

worldwide, announced today that its subsidiary, CROWN Asia Pacific Holdings Ltd has acquired

a beverage can production facility located northeast of Ho Chi Minh City in Dong Nai Province,

Vietnam from Interfood Shareholding Company (VNSE: IFS). Interfood will retain a minority

investment interest in the plant.


    The newly constructed facility is sized to accommodate additional manufacturing lines and will

have an initial annual production capacity of approximately 600 million two-piece, 33cl aluminum

beverage cans. Commercial delivery of cans is scheduled to begin early in the fourth quarter of

this year.


    "We are delighted to expand our relationship with Interfood," commented, Jozef Salaerts,

President of Crown's Asia-Pacific Division. "This is our third manufacturing facility in Vietnam

which continues to be a vibrant and growing market for us.  We have been doing business for

more than 30 years in South East Asia and this expansion underscores our commitment to

support the growing needs of our global and regional customers and to help them continue to

build their brands."


    About Interfood Shareholding Company              

    Interfood Shareholding Company is a joint stock company listed on the Vietnamese Stock

Exchange, under the symbol IFS.  The company provides a wide range of products including

biscuits, cookies, wafers, tropical fruit drinks, liquid coffee, canned Asian drinks and canned

coconut juice and milk among a variety of other canned food and beverage products

manufactured and marketed in Vietnam under its own highly recognized and highly trusted brand



    About Crown Holdings

    Crown Holdings, Inc., through its subsidiaries, is a leading supplier of packaging products to

consumer marketing companies around the world. World headquarters are located in

Philadelphia, Pennsylvania.  Please visit www.crowncork.com.



    For more information, contact:


    In Asia: 

    Jozef Salaerts, President -Asia Pacific-Division; Tel: +65 62294881;

    Email: jozef.salaerts@crowncork.com.sg


    For editorial inquiries: 

    Michael F. Dunleavy, Vice President of Corporate Affairs and Public

    Relations; Tel: +1 (215) 698-5051; Email: mdunleavy@crowncork.com


    For investors: 

    Timothy J. Donahue, Executive Vice President and Chief Financial Officer,

    Tel: +1 (215) 698-5088, or Ed Bisno, Bisno Communications, 

    Tel: +1 (212) 717-7578


SOURCE: Crown Holdings, Inc.


Business Company Crown Holdings, Inc. 2 image

    CONTACT:  Asia: Jozef Salaerts, President -Asia Pacific-Division

              +65 62294881

              jozef.salaerts@crowncork.com.sg; 


              Editorial inquiries: Michael F. Dunleavy

              Vice President of Corporate Affairs and Public Relations

              +1-215-698-5051

              mdunleavy@crowncork.com, or 


              Investors: Timothy J. Donahue

              Executive Vice President and Chief Financial Officer

              +1-215-698-5088, or


              Ed Bisno,

              Bisno Communications

              +1-212-717-7578


    (CCK IFS)












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