Uni-President to Launch New Can Manufacturing Plant Next Year

On the 18th, Uni-President Enterprises Corp. (9907) Chairman Lo Chih-Hsien stated that the demand for beverage packaging in the Chinese market is exceeding supply. Currently, the Chinese operations account for more than half of the company’s consolidated revenue. Lo is optimistic that the metal can market will evolve toward higher-end products, and the company's new DR (dual-reduction) mill is expected to commence operations by the end of next year, becoming a new highlight for future operations.
During the shareholders' meeting on the 18th, cash dividends of NT$0.97 were approved, and the board of directors was re-elected, with Lo Chih-Hsien continuing as Chairman. Lo noted that the company previously navigated through a relatively weak operating environment, achieving a record NT$44.9 billion in consolidated revenue last year, with significantly improved profitability.
Despite rising uncertainties in the overall operating environment—including tariff and exchange rate fluctuations and global inflation—Lo emphasized that the greatest variable for Uni-President is the price of tinplate, as volume changes little but price volatility can significantly impact revenue and profits. The design capacity of Uni-President's TMBP plant is approximately 1 million tons annually, with sales targeting various products including 748,000 tons of tinplate and 672 million cans.
In response to global economic shifts, the company is also accelerating plans to upgrade production line equipment in Taiwan to enhance product competitiveness and value.