Crown Holdings announced a new two‑line beverage‑can manufacturing facility in Northern India that is slated to begin operations in the second half of 2027. The plant will have an annual capacity of approximately 2.2 billion cans, positioning the company to meet the growing demand for aluminum beverage packaging in the region.
The facility is intended to serve the rapidly expanding Indian market for aluminum beverage cans, a market driven by shifting consumer preferences toward sustainable packaging and the premiumization of packaging. Crown highlighted a long‑term partnership with United Breweries Limited, part of Heineken N.V., as a key driver of demand for the new plant.
The investment aligns with Crown’s disciplined capital deployment strategy. The company expects the new plant to complement its existing global footprint of 179 plants and to support long‑term growth and margin objectives. Crown’s 2025 financial results—record adjusted EBITDA of $2.1 billion, free cash flow of $1.15 billion, and a net leverage ratio of 2.5×—provide a strong foundation for the expansion.
Mark Ketcheson, President of Crown’s Europe, Middle East and Africa Division, said, “This investment represents an important step in Crown’s expansion into India, a market characterized by strong structural growth, evolving consumer trends, and increasing demand for sustainable packaging.” He added, “Supported by long‑term customer partnerships, including with United Breweries Limited, this facility strengthens our ability to serve the market with reliability, quality and scale, while advancing our disciplined expansion across select high‑growth regions.”
Crown expects full‑year 2026 capital expenditures of about $550 million and has guided 2026 adjusted diluted earnings per share to $7.90–$8.30. The new facility is part of a broader strategy to capture growth in high‑growth regions and to reinforce Crown’s position as a leading global supplier of rigid packaging.
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