Land acquired for Baosteel’s first canmaking plant in Malaysia

Progress towards the construction of China-based canmaker Baosteel’s first beverage can plant in Malaysia has been made with the signing of a deal to acquire land at Puncak Alam in the Klang Valley of Selangor state. Shanghai Baosteel Packaging is spending RM53.3 million (US$12.7m) on the 16-acre site at Eco Business Park V where the…