
Rexam and Hindustan Tin JV to invest in new unit
Rexam Plc and Hindustan Tin Works Limited have planned a capital investment of INR 220 crore over the next 2 years for capacity expansion at its beverage can manufacturing unit at Taloja near Mumbai.
A new manufacturing line will be installed at the existing unit to increase the total capacity to 850 million cans per annum from the present 300 million cans. Production is slated to commence from the last quarter of 2012.
(Sourced from www.projectsmonitor.com)





