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SCMP Reporter

Sinocan Holdings has agreed to buy from Itochu Hong Kong a two-piece laminated steel can manufacturing line plus ancillary equipment and supporting facilities for US$25 million. The price will be inclusive of spare parts for one year, packing and freight from Itochu to the port of Shanghai, but exclusive of the transportation cost from the port to Sinocan's production plant in Shanghai.



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Sinocan seals US$25m deal