Top Page | English | 简体中文 | 繁體中文 | 한국어 | 日本語
Thursday, 30 July 2020, 14:00 HKT/SGT
Share:
    

Source: Showa Denko K.K.
Showa Aluminum Can Has a Ceremony to Celebrate the Completion of the Third Production Base in Vietnam
Hanacans now has capacity to produce 3.3 billion cans per year

TOKYO, July 30, 2020 - (JCN Newswire) - Showa Aluminum Can Corporation (SAC), a consolidated subsidiary of Showa Denko (SDK; TSE:4004), headquartered in Shinagawa Ward, Tokyo, had a ceremony on July 29 to celebrate the completion of its third base in Vietnam to produce aluminum cans. This new production base (Ba Ria-Vung Tau Factory) is in Ba Ria-Vung Tau Province, which is in the southern part of Vietnam.


Ba Ria-Vung Tau Factory


Ceremony for the completion of the factory


Ba Ria-Vung Tau Factory is the third production base of Hanacans Joint Stock Company (Hanacans), which is a consolidated Vietnamese subsidiary of SAC, and has production lines with a capacity to produce 1.3 billion can bodies per year*. In addition to the construction of Ba Ria-Vung Tau Factory, Hanacans is now installing an additional line to produce can ends in its Bac Ninh Factory located in the suburb of Hanoi (Bac Ninh Province)*.

SAC acquired shares in Hanacans in May 2014, and continues to have Hanacans introduce SAC's leading production technologies and quality control system since then. Hanacans has been successfully increasing the sales of aluminum cans in northern and central parts of Vietnam. As a result of the completion of Ba Ria-Vung Tau Factory, Hanacans has established an aluminum can production system with three production bases that covers northern, central, and southern parts of Vietnam. Now Hanacans has a capacity to produce 3.3 billion can bodies and 3.3 billion can ends per year.

The Showa Denko Group's Vision is to make itself a "KOSEIHA Company" (a group of KOSEIHA Businesses that can maintain profitability and stability at high levels over a long period). In Vietnam which extends north and south, the Showa Denko Group will enhance the value of customer's experience by making the most of its aluminum can production system that can quickly respond to the demand of the market, thereby expanding its business in Vietnam. Thus, the Showa Denko Group will establish a KOSEIHA Business in the rapidly growing Vietnamese market.

*For detail, please refer to our news release announced on April 25, 2019, "Showa Aluminum Can to Establish Third Production Base in Vietnam and Expand Existing Can End Production Line." https://www.sdk.co.jp/english/news/2019/27539.html


About Showa Denko K.K.

Showa Denko K.K. (SDK; TSE:4004, ADR:SHWDY) is a major manufacturer of chemical products serving from heavy industry to computers and electronics. The Petrochemicals Sector provides cracker products such as ethylene and propylene, the Chemicals Sector provides industrial, high-performance and high-purity gases and chemicals for semicon and other industries, the Inorganics Sector provides ceramic products, such as alumina, abrasives, refractory/graphite electrodes and fine carbon products. The Aluminum Sector provides aluminum materials and high-value-added fabricated aluminum, the Electronics Sector provides HD media, compound semiconductors such as ultra high bright LEDs, and rare earth magnetic alloys, and the Advanced Battery Materials Department (ABM) provides lithium-ion battery components. For more information, please visit www.sdk.co.jp/english/.

Contact:
Showa Denko K.K., CSR & Corporate Communication Office, Tel: 81-3-5470-3235


July 30, 2020 14:00 HKT/SGT
Source: Showa Denko K.K.

Showa Denko K.K. (TSE: 4004)

Topic: Press release summary
Sectors: Metals/Mining, Chemicals
http://www.acnnewswire.com
From the Asia Corporate News Network


Copyright © 2020 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.



Showa Denko K.K.
Aug 6, 2020 15:00 HKT/SGT
SDK to Record Operating/Non-operating Expenses for Acquisition of Hitachi Chemical's Shares, and Extraordinary Loss
July 14, 2020 16:00 HKT/SGT
SDK Develops Wet-Resistant Heat-Conductive Aluminum Nitride Filler
June 26, 2020 13:00 HKT/SGT
Showa Denko Group Recycles 4.43 Million Aluminum Cans in FY2019
June 23, 2020 15:00 HKT/SGT
SDK Subsidiary, Hitachi Chemical Changes Name
June 15, 2020 11:30 HKT/SGT
SDK Group Completes Expansion of Lines to Produce Vinyl Ester Resin and Synthetic Resin Emulsion in Shanghai
May 15, 2020 15:30 HKT/SGT
Showa Denko Announces 2020 First Quarter Financial Results
May 15, 2020 15:30 HKT/SGT
SDK Revises 2020 Consolidated Performance Forecast and Dividend Payment Forecast
Apr 21, 2020 15:00 HKT/SGT
Showa Denko Announces Results of Tender Offer for Shares in Hitachi Chemical Company, Ltd. (JP:4217) and Change in Subsidiary (a Second-tier Subsidiary Company)
Apr 21, 2020 15:00 HKT/SGT
Showa Denko Announces Fundraising, Capital Reduction of the Consolidated Subsidiary and Change in the Specified Subsidiary Company
Apr 13, 2020 14:00 HKT/SGT
Showa Denko, AIST, NEDO and ADMAT Prove AI Speeds up Development of Flexible Transparent Film
More news >>
 News Alerts
Copyright © 2020 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Privacy Policy | Terms of Use | RSS
US: +1 800 291 0906 | Beijing: +86 400 879 3881 | Hong Kong: +852 2217 2912 | Singapore: +65 6304 8926 | Tokyo: +81 3 6859 8575

Connect With us: