In a move aimed at capitalizing on South America’s growing reliance on aluminium beverage cans, Colorado’s Ball Corporation yesterday announced plans to add capacity to operations in Paraguay and Argentina.
The company’s announced plans include the addition of a one-line manufacturing plant in Asunción specializing in aluminium beverage can and ends, and augmenting operations at its Buenos Aires plant with more production capacity.
Ball indicates that the moves will meet the twin aims of serving customers with increased aluminium container demand in Paraguay, Bolivia, and Argentina as well as facilitating existing buyers’ needs with aluminium cans of new and different sizes.
Carlos Pires, president of Ball’s beverage packaging operations in South America, explained that the investment in new capacity is a response to ever-strengthening demand for aluminium beverage cans in southern South America.
“The economy is growing and demand for aluminum beverage packaging is increasing in Paraguay and surrounding countries, as more people are consuming beer and other refreshing drinks and more customers are converting to more sustainable, infinitely recyclable beverage cans. In Argentina, cans will continue to grow and volumes will likely double from 2016 to 2019. These investments will allow us to broaden our geographic reach into a new and growing market, as well as be closer to our customers in the area, which aligns with our long-term vision for growth.”
Though there is no word as to the amount and timetable for the capacity additions in Argentina, Ball indicates that it represents the third such investment in the country in two years. The additional line at Ball’s Asunción plant is expected to come online late next year, and the company says the new capacity is contracted under long-term agreements.
Based in suburban Denver, Ball Corporation produces consumer food and beverage packaging for customers around the world. The firm employs nearly 19,000 and boasted net sales of US$9.1 billion in 2016.