rexam

 

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 […]

,

Rexam secures land in India for new plants

Rexam has secured land in Sri City, Southern India and Mahindra World City, Jaipur, Northern India to build a beverage can plants. The plant in Sri City represents an initial investment of close to £50 million and will add a total production capacity of close to 800million cans. The plant is expected to be operational […]

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 […]

Mahou Spanish beer in Rexam cans

Rexam has partnered with Spanish beer brand Mahou to create promotional cans in support of its sponsorship of Spanish football club, Real Madrid. The cans use Rexam’s Editions technology (patent pending) that allows for eight different designs on the same pallet. In this case the cans feature t-shirt designs of some players from the Spanish […]

,

Finch’s beer transitions to cans

Chicago-based craft brewer Finch’s Beer has selected Rexam’s 16 oz cans for its beers. Finch’s has already launched Secret Stache Stout, Hardcore Chimera, Finch’s Pale Ale and Nuclear Winter in Rexam cans with Sobek & Set, Fascist Pig and Threadless coming soon, followed by Wet Hot American Wheat this summer. Secret Stache Stout features rich […]

, ,

Rexam’s La Selva plant converts to aluminium

Rexam’s La Selva plant near Tarrogona, Spain, has completed the conversion of its three final production lines from steel to aluminium. The project was completed on time and within budget. Speaking about the project completion, Iain Percival, sector director for Rexam Europe, says: “After nine months of hard work and cooperation between the Spanish and […]

,

Rexam acquires Arab Can Manufacturing

Following an announcement in February last year, Rexam has completed the aquisition of a 51% stake in Arab Can Manufacturing Limited (UAC). The company is to be renamed Rexam UAC. UAC makes beverage cans and can ends and is situated in Dammam, Saudi Arabia. The plant has an annual capacity of 1.8 billion cans in […]

The Aluminium Stewardship Initiative

The Aluminium Stewardship Initiative (ASI), in collaboration with aluminium industry leaders such as Ball and Rexam, has introduced a comprehensive standard that aims to improve the industry’s environmental, social and governance performance throughout its entire value chain, including plans to reduce its greenhouse gas emissions. After a year-long development effort, the ASI Performance Standard will […]

,

Cheers to craft beers

As we enter 2015 it is set to be another big year for canned craft beer. The US already has 600+ brews being canned on a regular basis and many more are set to follow. The major can makers are regularly reporting on new and interesting brewers buying can stock from them – Tin Man […]

,

Rexam invests in Panama

Rexam, has announced that it has completed an investment in Envases Del Istmo SA (Endelis), a single line beverage can plant in Colón, Panama. Their investment partner is Envases Universales de Mexico (EUM). Long term supply agreements have been secured with SABMiller and Florida Ice & Farm Company SA (FIFCO), whose affiliates previously owned the […]

Rexam designs cut-out tab for Carlsberg

Rexam has been selected by Carlsberg to design a cut-out tab using the Hop leaf, part of the original Carlsberg logo designed by Danish artist Thorvald Bindesbøll in 1904. Produced out of Rexam’s Recklinghausen and Mont plants, the tabs will be available on all 33cl and 50cl cans. It will be first implemented in Norway […]

,