MEDIA RELEASE PR41159
Crown to Increase Production Capacity in Cambodia
PHILADELPHIA, Sept. 9 /PRNewswire-AsiaNet/ --
Crown Holdings, Inc. (NYSE: CCK), a leading supplier of metal packaging products worldwide, announced today
that its subsidiary, CROWN Asia Pacific Holdings Ltd., plans to install a second beverage can line in its existing
facility in Phnom Penh, Cambodia.
The new line is expected to be operational in the fourth quarter of 2011 and have an initial annual production
capacity of 700 million two-piece 33cl aluminum beverage cans, which will expand the plant's capacity to 1.3 billion
cans.
As the capital and largest city of Cambodia, Phnom Penh has grown to become the nation's center of economic
and commercial activities. Situated on the banks of the Mekong River, it is the wealthiest and most populous city in
the country as well as its political center. Growth rates in recent years have triggered an economic boom and the
country's many historical and cultural sites make it a popular tourist destination.
"We are excited to see the Cambodian market's growing demand for beverage cans," commented Jozef
Salaerts, President of Crown's Asia-Pacific Division. "The country is developing rapidly with more customers
choosing the two-piece aluminum can as their packaging preference. We are pleased to support the growing needs
of our global and regional customers and help them continue to build their brands."
Cautionary Note Regarding Forward-Looking Statements
Except for historical information, all other information in this press release consists of forward-looking
statements. These forward-looking statements involve a number of risks, uncertainties and other factors, including
whether demand will continue to grow for beverage cans in Cambodia and whether the Company can successfully
implement its expansion plans and meet production targets in its Phnom Penh plant, that may cause actual results
to be materially different from those expressed or implied in the forward-looking statements. Important factors that
could cause the statements made in this press release or the actual results of operations or financial condition of
the Company to differ are discussed under the caption "Forward-Looking Statements" in the Company's Form 10-K
Annual Report for the year ended December 31, 2009 and in subsequent filings made prior to or after the date
hereof. The Company does not intend to review or revise any particular forward-looking statement in light of future
events.
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
For more information, contact:
Thomas A. Kelly, Senior Vice President - Finance, Tel: (215) 698-5341, or
Ed Bisno, Bisno Communications, Tel: (212) 717-7578
SOURCE Crown Holdings, Inc.
CONTACT: Thomas A. Kelly,
Senior Vice President - Finance,
+1-215-698-5341,
or
Ed Bisno,
Bisno Communications,
+1-212-717-7578
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