Rexam PLC plans to establish factory in Myanmar

Rexam PLC, one of the world’s top consumer packing companies, is planning to establish a factory in Yangon, according company sources.

The company has founded Rexam Ashmore Beverage Can Myanmar Co. Ltd after making a joint venture with UK-based Ashmore Investment Company to operate in Myanmar.

The Directorate of Investment and Companies Administration has allowed temporary registration to Rexam PLC and provided the company’s establishment permit on September 20.

Rexam PLC is a British multinational consumer packaging company headquartered in London, United Kingdom. It is the largest manufacturer of beverage cans in the world and a leading producer of rigid plastic packaging.

It has around 70 plants in 25 countries across Asia, Europe, North America and South America, according to Wikipedia.

The company was founded in 1923 and has an operating income of £4.3 million in last year and a net income of £214 million.

The Rexam Ashmore Beverage Can Myanmar Co. Ltd is now registered to operate after building the factory.

Coca Cola and Pepsi have already built the factories in Myanmar and other international consumer and beverage companies like Heineken, Carlsberg, Beer Chang, Pokka and F&N are also planning to establish factories in Myanmar.

Source: ELEVEN Media

NB: The best way to find information on this website is to key in your search terms into the Search Box in the top right corner of this web page. E.g. of search terms would be “property research report”, ”condominium law”, "Dagon City", “MOGE”, “yangon stock exchange”,"MECTEL", "hydropower", etc.

To learn about the business opportunities in Myanmar click here

To evaluate the various segments of the market that you could possibly enter base on your competencies you can do a Custom Market Entry Strategy Research. You can see a sample report at page "Actual Sample of Client Report”. Click here to go to page.

Do you know that IE Singapore is giving up to SGD 20,000 support for Singapore company to venture into Myanmar? To learn more click here

If you are interested to be listed in our Service Provider Directory as a supplier of services or products that we can use to match with the needs of our clients in Myanmar please fill up the online form by clicking here