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
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.
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)