Page 237 - RusRPTAug24

9.2.15 Transport corporate news 9.2.16 Other sector corporate news
Arnest Packaging Solutions, one of the largest beverage packaging manufacturers, has announced plans to expand its production capacity. The company plans to launch a third aluminum can production line at a new plant in Ulyanovsk by the end of 2025, and if demand continues, a fourth line in 2026. The expected capacity of all lines could be 3bn cans per year, and the total investment in the plant will exceed 20bn rubles, the source of funds for the modernization is not specified. A company representative told Vedomosti about this. At present, the capacity of the plant launched in Ulyanovsk in March is 1.5bn cans.
237 RUSSIA Country Report August 2024 www.intellinews.com