The plant will be located in Mantsala in south west Finland, 60km north of Helsinki. It will cost £68M over three years and forms part of Rexam’s current capital investment plans.

When completed, it will have two lines and a capacity of approximately 1.35bn 330ml and 500ml aluminium cans. The first line is expected to commence in early 2013 and the second line in January 2014.

Rexam said the Nordic market has shown good growth in recent years and Finland has switched from glass bottles to cans. In the past five years, the beverage can’s share of the pack mix for beer in Finland has grown from 10% to more than 60%.

The building of the new plant will allow Rexam to serve growing customer demand in Finland and the Baltic states, to optimise logistics and to further enhance plant efficiency across its European beverage can network.