Easy-open end maker Enpack to raise $70m for capacity increase

Chinese easy-open-end manufacturer Guangdong Enpack Packaging plans to expand its capacity as operations resume following the coronavirus shutdown. The Shantou-based company said it will sell shares in a private placement to raise RMB500 million (US$70.4m) to pay for the upgrade of its facilities. An Enpack source said the company planned to install ten production lines…

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