capacity
Speciality is key
Rich Grimley, chief operating officer, Rexam Beverage Can Americas talks to CanTech International about the North American market.
Conway confident as beverage can sales help improve Crown’s results
The chief executive of can making company Crown expects a “busy and promising” 2011 following the release of its final year results. Higher unit sales of beverage and food cans worldwide helped to improve margins at the company with beverage can sales unit volumes rising 13% and food can volumes up 5% in the fourth quarter.
Novelis to expand aluminium recycling at German plant
Novelis, a leader in aluminium rolled products and can recycling, is investing $18 million (€13m) into the construction of a new recycling centre at Aluminium Norf (Alunorf) in western Germany. Construction has already started on a multi-chamber melting furnace and ancillary equipment that will recycle 50,000 metric tons of aluminium scrap per year to feed the rolling mills of Alunorf, the world’s largest aluminium rolling complex.
Rexam increases capacity of speciality sizes in North America
Can making giant Rexam has revealed that its operating profit in Beverage Can North America in 2011 is expected to remain comparable to that in 2010. In its November 2010 Interim Management Statement, Rexam stated that its Beverage Can North America customer contract negotiations were progressing well.
Ball’s Torrance plant to close as part of restructure
US can making giant Ball Corporation has announced plans to reorganise its operations as the company aims to decrease its overall installed beverage can capacity in North America. As a result of the restructure, Ball is closing one of its larger plants, transferring a production line and expanding speciality can production.
Rexam increases production at Egyptian plant
Rexam has converted lines at its Egyptian beverage can plant from steel to aluminium after customers started to show a growing preference for aluminium. The company has also increased production capacity in order to meet customer demand.
Ball secures new long-term credit facility
US can making company Ball Corporation has secured a new long-term borrowing facility worth $1.4 billion (€1bn). The credit facility will extend bank maturities through 2015 and could fund further expansion in addition to stock repurchases.
Can-Pack to build beverage can plant in Finland
Poland based Can-Pack is set to build a beverage can plant in Finland in an effort to meet the growing needs of customers in the Baltic countries. Under the project, which is costing almost €100 million ($132.2m), 33cl and 50cl aluminium cans will be produced at the factory, which will have an annual production capacity of 1.8 billion cans.
The thrill of Brazil
The news that leading beverage can manufacturer Rexam is set to further increase its capacity in Brazil came as no surprise to me. Brazil appears to be a buzzword in the can making world at the moment and the manufacturers seemingly cannot get enough of it. As reported on www.cantechonline.com, Rexam will increase its capacity […]