ball

 

New Mexican plant for Ball

Ball has announced plans to build a two-line beverage can manufacturing plant in Monterrey, Mexico. This location will start up in the first half of 2016 and produce multiple can sizes. The majority of the capacity is contracted under a long-term agreement. “The demand for standard and specialty metal beer packaging continues to grow, and […]

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Ball second request from FTC

Ball has today announced that it has received a Request for Additional Information, or “second request,” from the United States Federal Trade Commission (FTC) under the Hart-Scott-Rodino Antitrust Improvements Act of 1976. The request is in connection with the FTC’s review of Ball’s recommended offer to acquire Rexam PLC.and is a standard part of the […]

Euro CanTech Day Two

The second day of presentations was set in motion this morning by John Revess of Rexam. The delegation were no doubt interested to hear if he would discuss the potential takeover by Ball, and whilst this was mention briefly in the beginning, the main body of his presentation was devoted to his specialist area of […]

MetalMatters campaign in Wrexham

Wrexham Council has become the 50th local authority to benefit from MetalMatters, the industry-funded communications campaign to increase household recycling of metal packaging. It is the fourth campaign the programme has run in partnership with Waste Awareness Wales. Previous campaigns include Newport, which achieved a 9% increase in metal capture at a cost of 31p […]

Ball donates $4 million to charities

The Ball Foundation, Ball Corporation and its employees donated in excess of $4 million to charitable organisations in the communities where Ball operates in 2014. The company’s employee matching gifts and dollars for doers programme grew in 2014 to $2.1 million (up from $1.4 million in 2013). Employees also logged nearly 18,000 hours of volunteer […]

Stiff competition

When BAA, the British Airports Authority, was deemed to have a monopoly on the UKs airports the Competition Commission stepped in, conducted a full review of the situation, and then promptly ordered it to sell off three facilities to rival companies – two of which were in the London area. If you translate the information […]

Ball/Rexam deal goes to next stage

Ball Corporation and Rexam have announced the terms of a recommended offer by Ball to acquire all of the outstanding shares of Rexam in a cash and stock transaction. Under the terms of the offer, for each Rexam share, Rexam shareholders will receive 407p in cash and 0.04568 new Ball shares. The transaction values Rexam […]

Rexam announces 2014 full year results

Rexam has announced its trading results for the full year 2014. Highlights include: • Beverage can volumes up 4% • Underlying organic operating profit up 2% • Underlying earnings per share up 5% • Return on capital employed 14.9% (2013: 15.5%) • Strong free cash flow from continuing operations of £225m • Final dividend of […]

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Ball acquires Sonoco’s Ohio facilities

Ball Corporation has completed its acquisition of Sonoco’s metal end and closure facilities in Canton, Ohio. The Canton plants employ approximately 100 people and produce multiple-sized closures for the food can market. They will become part of Ball’s global metal food and household products packaging division. “We are always looking for opportunities to expand into […]

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Aerosol update – Paris

Recently I visited the ADF Aerosol forum in Paris and I have to say it was a day well spent. Having looked around the exhibition and spoken to many of the exhibitors present it seems that aerosols are going from strength to strength. Bag on valve technology was high on the agenda, and a visit to […]

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Ball to buy Rexam?

Whilst no formal offer has been made, it has come to light that Ball and Rexam are in talks that may see the US can maker buy out its British competitor. Ball has valued Rexam at 610 pence per share, which is higher than London traded shares yesterday at 541.5. Ball has a deadline of […]

Ball’s 2014 trading update

The Ball Corporation has released its trading results for the full-year 2014. Highlights from the update include: – Full-year 2014 comparable earnings per diluted share were $3.88 vs. $3.28 in 2013; an increase of 18% – Fourth quarter comparable earnings per diluted share were 84 cents vs. 86 cents in 2013 – Solid manufacturing performance […]

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New appointments at Ball Packaging Europe

Ball Packaging Europe has appointed Dennis Schuilenburg as its new marketing director and Joerg Deppmeyer as general manager. Both have previously worked in the fast-moving consumer goods world (FMCG). Dennis Schuilenburg joins Ball from Samsung Electronics Benelux, where he served as the director of marketing. He has also previously held leading positions for consumer brand […]

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