Business news
PepsiCo makes significant investment in Celsius
PepsiCo is making a $550 million investment in Celsius Holdings, maker of a leading global fitness energy drink, Celsius.
TCP Group’s CEO announced as first Asia CanTech 2022 keynote
CanTech International is pleased to announce Saravoot Yoovidhya as the first keynote speaker at Asia CanTech 2022.
Ardagh Metal Packaging details Q2 2022 results
Results show a revenue of $1,303 million in the three months ended 30 June 2022, a 31% increase ($312 million), compared with $991 million in the same period last year.
Tata Steel makes £6 million upgrade to Trostre plant
Tata Steel has made a £6 million investment to upgrade the Continuous Annealing Process Line at its Trostre plant in Llanelli, Wales.
Silgan announces record Q2 results
Silgan Holdings has reported record second quarter net sales of $1.54 billion, a 14.5% increase over the prior year second quarter net sales.
Canpack invests $140 million in new Brazilian facility
Canpack SA has announced it will increase its manufacturing capacity of aluminium beverage cans with a new production facility in Poços de Caldas, in the State of Minas Gerais, Brazil.
The Recycling Partnership elects CMI’s Scott Breen to board of directors
Top leaders in sustainability, industry, and the circular economy were recently elected to The Recycling Partnership’s board of directors, including the Can Manufacturers Institute’s Scott Breen.
Stolle Announces new vice president of SATO
Stolle Machinery has announced Kevin Dallman as the new vice president – Stolle Advanced Technology Operation.
INX International prepared for future two-piece ink demand
INX International Ink Co president and CEO, John Hrdlick, says he believes that after judicious planning, strategic investments and hard work, INX is well positioned for the remainder of 2022 and the future.
Continuing the beverage boom
Evert van de Weg studies the growth pattern of the beverage can market with Mark Smyth, author of the recent Smithers study The Future of Metal Packaging and Coatings to 2027.
Crown to add second high speed line to Italian plant
Crown Holdings has announced that it will construct a second high-speed line at its Parma, Italy aluminium beverage can facility.
CMB Engineering appoints new sales manager – Americas
CMB Engineering has announced the appointment of sales manager for the Americas, Zach Cheatham, who will be based in the US.
Rio Tinto announces Canadian aluminium investment
Rio Tinto, Anglo-Australian miner will spend C$240m (US$188m) at its Alma smelter in Lac-Saint-Jean, Quebec, Canada to boost the production of low-carbon aluminium billets.
Pepsi to open largest US plant
PepsiCo Beverages North America is set to open a new High Point facility in Denver, CO in 2023.