Showa Denko K K : Aluminum Can Completes Second Production Base in Vietnam-Hanacans is to Establish Production System with Annual Production Capacity of 2 Billion Cans-
June 10, 2018 at 10:48 pm EDT
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Showa Denko K.K.
June 11, 2018
Showa Aluminum Can Corporation (SAC), a consolidated subsidiary of Showa Denko (SDK) (Tokyo: 4004), headquartered in Shinagawa Ward, Tokyo, completed construction of its subsidiary's new factory to produce aluminum cans in Quang Nam Province, which is in the suburbs of Da Nang City in mid Vietnam, and had a ceremony for the completion of the new factory on June 8, 2018.
The new factory is Hanacans Joint Stock Company's second production base in Vietnam, and its production line has annual production capacity of 700 million can bodies*. Hanacans, which is a Vietnamese subsidiary of SAC, is now also working to increase the capacity of the lines to produce can ends set at its factory in Bach Nin Province in the suburbs of Hanoi. When this work is finished in the coming October, Hanacans' two factories' total capacity to produce can bodies and can ends will be that for 2 billion cans a year.
Since its acquisition of Hanacans in May 2014, SAC has been introducing its leading-edge production technologies and quality control system into Hanacans, and successfully increasing Hanacans' sales in Vietnam centering on northern part of the country. SAC will pursue further increase in its aluminum can sales in mid Vietnam through its effort to make Hanacans' new aluminum can factory the one that quickly and timely offers the best quality products in the region which meet needs of the market.
*For detail, please refer to our news release dated February 14, 2017, 'Showa Aluminum Can to Establish Second Production Base in Vietnam.'
Hanacans' second factory
Ceremony for the completion of the factory (6th from left, Hideo Ichikawa, Chairman of the Board, SDK)
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Showa Denko KK published this content on 11 June 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 11 June 2018 02:47:02 UTC
Resonac Holding Corporation (formerly Showa Denko KK) is a holding company organized around 7 family of products:
- materials (43.8% of net sales): electronics materials (epoxy molding compounds, die bonding materials, CMP slurries, anisotropic conductive films), printed wiring board materials (copper-clad laminates, photosensitive dry films), mobility components (plastic molded products, friction materials, powder metal products, carbon anode materials for LIBs), energy storage devices and systems (automotive and industrial batteries), and life sciences (diagnostics, contracted manufacturing of regenerative medicine products);
- petrochemical products (19.6%): olefins (polyethylene, polypropylene) and organic chemical products (vinyl acetate monomer, ethyl acetate and plastics);
- chemical products (12.9%): caustic soda, chlorine, liquid ammonia, amino acids, polymers, gas (oxygen, nitrogen, hydrogen), etc.;
- electronic components (8.3%): hard disks, semiconductors components, magnetic components, etc.;
- inorganic products (7.1%): ceramics and carbons (graphite electrodes);
- aluminum products (5.3%): aluminum foils, extruded products, forged products, cans, etc.;
- other (3%).
Net sales break down geographically as follows: Japan (53.4%), China (12%), Asia (20.6%) and other (14%).
Showa Denko K K : Aluminum Can Completes Second Production Base in Vietnam-Hanacans is to Establish Production System with Annual Production Capacity of 2 Billion Cans-