Kian Joo Can Factory Bhd from Malaysia will spend 20 million USD to expand its corrugated carton factory in Hanoi, boosting capacity by 3,000 tonnes per month.
Speaking at the company’s annual general meeting in Kuala Lumpur on June 18, Kian Joo general manager Datuk Anthony See Teow Guan said the expansion is expected to be completed by April or May next year.
With the expansion, Kian Joo’s total monthly output will reach 9,000 tonnes, while in Malaysia it is only around 2,800 tonnes per month, he said.
Kia Joo already has two factories in the southern province of Binh Duong, namely Box-Pak ( Vietnam ) Co Ltd in Thuan An district and Kian Joo Canpack ( Vietnam ) Co Ltd in Ben Cat district.
First established in 1956, Kian Joo is now the la rgest packaging company in Southeast Asia, producing all types of tin cans and containers such as two-piece aluminum beverage cans, corrugated carton boxes, PET Plastic Bottles, and other plastic products for the local and export markets.
Its products are exported to Japan, Myanmar, Indonesia, Thailand, Singapore, Australia, the Philippines, Taiwan and the Middle East.